World Bank Again Classifies Nigeria as Lower-Middle Income Economy in 2025/2026 Report
For yet another year, the World Bank has classified Nigeria among the Lower-Middle Income Economies (LMIEs) in its 2025/2026 country ...
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Tag: #NigeriaEconomy
Nigeria’s Currency in Circulation Hits N5.015 Trillion in May 2025
The total currency in circulation (CIC) in Nigeria rose to N5.015 trillion in May 2025, according to the latest data ...
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Nigeria Posts $3.73bn Current Account Surplus in Q1 2025 on Strong Export Growth
Nigeria recorded a current account surplus of $3.73 billion in the first quarter of 2025, reflecting improved trade performance driven ...
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FG Revenue Hits N6.9 Trillion in Q1 2025, Up 40% Year-on-Year
The federal government generated ₦6.9 trillion in revenue in the first quarter of 2025, marking a significant 40% increase compared ...
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CBN Extends BDC Recapitalization Deadline to December 2025
The Central Bank of Nigeria (CBN) has officially extended the deadline for Bureau De Change (BDC) operators to meet new ...
Read moreWorld Bank Reaffirms 3.6% Growth Forecast for Nigeria in 2025 Amid Global Economic Slowdown
The World Bank has reaffirmed its projection that Nigeria’s economy will grow by 3.6 per cent in 2025, despite a ...
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Energy cost causes Inflation in Nigeria, Says CBN Survey
A new report from the Central Bank of Nigeria (CBN) has revealed that a staggering 90.8% of Nigerian firms consider ...
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Moody’s Upgrades Nigeria’s Credit Rating but Warns of Risks from Oil Prices, Inflation
Moody’s Ratings has upgraded Nigeria’s long-term foreign and local currency issuer ratings from Caa1 to B3, citing reforms by the ...
Read moreNigeria’s Currency in Circulation Hits N5.015 Trillion in April 2025
Nigeria’s currency in circulation (CIC) climbed to N5.015 trillion in April 2025, according to the latest figures released by the ...
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Downstream Price War Between Dangote Refinery and NNPC Sparks Unethical Practices, Hurts Small Fuel Retailers
The intense price war between Dangote Petroleum Refinery and NNPC Retail Limited has sharply reduced petrol prices across Nigeria’s downstream ...
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