Economy
Nigeria Exceeds 1.8m bpd Oil Output in July, Boosting 2025 Budget Targets
Nigeria’s ambition to meet its 2.06 million barrels per day (bpd) crude oil production target for the 2025 national budget...
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IMF Raises Nigeria’s 2025 Growth Forecast to 3.4%, Urges Structural Reforms
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast upward, projecting a 3.4% GDP growth in 2025 and...
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FIRS Halts Issuance of Tax Exemption Certificates for All Entities
The Federal Inland Revenue Service (FIRS) has officially discontinued the issuance of tax exemption certificates across all categories of taxpayers,...
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Real Estate Sector Now Nigeria’s Third-Largest Industry with N41.3tn Valuation After GDP Rebasing
Nigeria’s real estate sector has emerged as the third-largest contributor to the nation’s economy, following the latest Gross Domestic Product...
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MAN Warns FG Against Overestimating GDP Growth Amid Weak Real Sector Performance
The Manufacturers Association of Nigeria (MAN) has cautioned the federal government not to mistake the recently reported 18.3% year-on-year GDP...
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FG Inaugurates NADDC Board, Prioritizes NAIDP and Nigeria First Policy for Auto Industry Growth
The Federal Government on Wednesday took a major step toward revitalising the nation’s automotive industry with the inauguration of the...
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UK-Nigeria Standards Partnership Phase 3 Unveiled to Boost Nigerian Exports
Nigeria’s export drive received a significant boost on Thursday with the official unveiling of the third phase of the UK-Nigeria...
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Court Backs FIRS on VAT Charges for Bolt Rides and Food Services
The Federal High Court in Lagos has upheld the authority of the Federal Inland Revenue Service (FIRS) to charge, collect,...
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NESG Warns Oil Sector Slump Threatens 2025 Budget Execution
The Nigerian Economic Summit Group (NESG) has issued a strong warning to the federal government, highlighting that the ongoing slowdown...
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Nigeria’s Economy on Steady Course Despite Global Shocks — CBN Governor
As global headwinds continue to pressure financial markets, the Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso,...
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