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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Tag: #NigeriaEconomy
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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CBN: Nigeria’s Foreign Reserves Hit $41 Billion, Highest in 44 Months
Nigeria’s foreign exchange reserves surged to $41 billion on August 19, 2025, their highest level in 44 months, according to ...
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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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NNPCL Posts N185bn Profit in July, Remits N7.9tr to Federation Account
The Nigerian National Petroleum Company Limited (NNPCL) has announced a profit after tax of ₦185 billion for July 2025, marking ...
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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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Tinubu Removes 5% Telecom Excise Duty to Ease Cost Burden on Nigerians – NCC
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Mr. Aminu Maida, has confirmed that the 5 per cent ...
Read moreFinance Minister, CBN Governor Pledge Stronger Policy Coordination for Economic Stability
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank ...
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