Nigeria to Rely More on Domestic Resources, Reduce Borrowing – Finance Minister
The Federal Government of Nigeria has announced plans to increase investment in the domestic economy, reduce reliance on borrowing, and ...
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Tag: #NigeriaEconomy
LCCI Backs NBS CPI Revision, Urges Caution Amid Decelerating Inflation
The Lagos Chamber of Commerce and Industry (LCCI) has affirmed that the National Bureau of Statistics’ (NBS) revised Consumer Price ...
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Abuja Residents Hail FG as Food Prices Crash Nationwide
Some residents of Abuja have commended the Federal Government’s intervention in the food sector, saying the recent drop in prices ...
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Protesting Contractors Block Finance Ministry, Stop Minister’s Entry Over Unpaid Debts
Tension gripped the entrance of the Federal Ministry of Finance in Abuja on Monday as protesting indigenous contractors barricaded the ...
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Nigerians Withdraw ₦36.34 Trillion from ATMs in H1 2025 Despite CBN Higher Fees
Nigerians continued to rely heavily on cash withdrawals in the first half of 2025, accessing ₦36.34 trillion via Automated Teller ...
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IMF Raises Nigeria’s 2026 Growth Forecast to 4.4% Amid Regional Recovery
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast for 2026, raising it to 4.4 per cent from ...
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Nigeria’s FX Market Inflows Rise 17.5% in December to USD3.37 Billion
Data from FMDQ show that total inflows into the Nigerian Foreign Exchange Market (NFEM) rose by 17.5 per cent month-on-month ...
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Nigeria’s Headline Inflation Falls to 15.15% in December 2025 — NBS
The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate declined to 15.15 per cent in December ...
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World Bank, IMF Urge Inflation Control as NESG Forecasts 5.5% GDP Growth
The World Bank and the International Monetary Fund (IMF) have called for decisive measures to further reduce inflation in Nigeria, ...
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Nigeria Spent N11.1tn on Capital Projects in 2024 — Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has disclosed that Nigeria spent N11.1tn on ...
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