Economy
Tinubu Assures Investors: Nigeria Open for Business as 180 Reforms Take Effect
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to removing obstacles to business in Nigeria, assuring both local and...
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NESG: Nigeria’s Manufacturing Sector Contribution to GDP Drops to 3%
The contribution of Nigeria’s manufacturing sector to the economy has fallen sharply to three per cent, down from 7.7 per...
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Nigeria Unveils 2024–2027 Debt Strategy to Cut FX Exposure
Nigeria has introduced a new policy framework to strengthen the management of its growing public debt, with the Debt Management...
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FG to Build Bus Terminals, CNG Stations Across Six Geo-Political Zones
The Federal Government has unveiled plans to construct modern bus terminals and Compressed Natural Gas (CNG) stations across Nigeria’s six...
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FAAC Reports N1.49 Trillion Arrears Inflow into Federation Account in H1 2025
Nigeria’s Federation Account recorded a significant inflow of ₦1.49 trillion in the first half of 2025 from arrears reconciled and...
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UK Investors Dominate Nigeria’s Capital Inflows in Q1 2025 with $3.68bn
United Kingdom-based investors supplied the majority of Nigeria’s foreign capital in the first quarter of 2025, contributing $3.68 billion—over 65%...
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NESG Flags Infrastructure Deficits as Major Barrier to Nigeria’s Economic Growth
The Nigerian Economic Summit Group (NESG) has warned that the country’s persistent infrastructure deficits are a significant obstacle to economic...
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RMAFC Begins Review of Political Office Holders’ Salaries Amid Criticism
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has commenced a review of remuneration packages for political, public, and judicial...
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FG Offers ₦200bn in August 2025 FGN Bonds, Allots ₦185.9bn in July Auction
The Federal Government of Nigeria (FGN) has announced the offering of ₦200 billion in FGN bonds for subscription by auction...
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FG Raises 2025 GDP Growth Projection to 5%, Above IMF’s 3.4% Forecast
The Federal Government has raised its 2025 Gross Domestic Product (GDP) growth projection to 5.0%, up from the earlier target...
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