Nigeria’s Debt-to-GDP Ratio at 38.8% as Reforms Boost Revenue
Nigeria’s debt-to-Gross Domestic Product (GDP) ratio has dropped to 38.8 per cent, according to the Minister of Finance and Coordinating ...
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Tag: #NigeriaEconomy
MOFI, CRMI Sign MoU to Strengthen Risk Management in FG Portfolio Companies
The Ministry of Finance Incorporated (MOFI) and the Chartered Risk Management Institute of Nigeria (CRMI) have signed a landmark Memorandum ...
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Nigeria’s Diaspora Remittances Jump 200% to $600m in Two Months — CBN
Nigeria’s diaspora remittances have surged by 200 percent to $600 million over the past two months, according to the Governor ...
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NESG Urges FG to Anchor Economic Growth on Productivity, Not Inflation
The Nigeria Economic Summit Group (NESG) has urged the Federal Government to base its economic growth agenda on productivity rather ...
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Nigeria’s Excess Crude Account Rises to $535,823, Says Accountant-General
The Accountant-General of the Federation, Shamsedeen Ogunjimi, has disclosed that Nigeria’s Excess Crude Account (ECA) stood at $535,823.39 as of ...
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NEC Endorses 2026–2030 Renewed Hope Plan to Drive $1 Trillion Economy Target
The National Economic Council (NEC) has endorsed the framework for the five-year Renewed Hope Development Plan (2026–2030), designed to consolidate ...
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Shettima, Edun, Cardoso Advocate Risk Management Culture for Nigeria’s Economic Resilience
Vice President Kashim Shettima, Minister of Finance Wale Edun, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso, and President of ...
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Tinubu Approves Six-Month Ban on Raw Shea Nut Export to Boost Local Industry
President Bola Ahmed Tinubu has approved a six-month temporary ban on the export of raw shea nuts in a move ...
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Private Sector Credit Rises to ₦76.14tn in June 2025, Says CBN
Credit to the private sector in Nigeria increased by 4.02 per cent year-on-year to ₦76.14 trillion in June 2025, up ...
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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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