Nigeria Economy
Nigeria Shifts From Costly External Borrowing to Private Capital Driven Growth Model
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that Nigeria is deliberately moving away from expensive external...
Dangote Predicts Naira Could Strengthen to N1100 per Dollar in 2026
President of the Dangote Group, Aliko Dangote, has projected that the naira could appreciate to N1100 against the United States dollar before the...
Nigeria Charts $1 Trillion Economic Vision with NEC 2026 Roadmap
ABUJA — Nigeria took a major step toward achieving a $1 trillion economy by 2030 at the second National Economic Council (NEC) Conference,...
Tinubu Pledges Infrastructure Development and Regional Partnerships in South-East
President Bola Tinubu has assured that his administration will continue to develop critical infrastructure and collaborate with state governments in the South-East to...
Tinubu Commends BOI for Record N636bn Disbursement to Businesses in 2025
President Bola Tinubu has praised the Bank of Industry for disbursing N636bn to businesses in 2025, describing it as the highest annual financing...
Edun Urges Nigeria to Cut Borrowing, Strengthen Domestic Revenue Base
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on Nigeria to reduce its dependence on borrowing and...
Nigeria Remains Africa’s Second-Largest Onion Producer, NOPPMAN Says
The National Onion Producers, Processors and Marketers Association of Nigeria (NOPPMAN) has confirmed that Nigeria is Africa’s second-largest onion producer after Egypt, with...
CAC Accuses Banks of Enabling Non Compliant Companies Uncovers Fake Registrations
The Registrar General of the Corporate Affairs Commission CAC Hussaini Magaji SAN has accused some banks and financial institutions of undermining Nigeria’s anti...
World Bank Cuts Planned Grant to CBN from $10.5m to $6.8m Ahead of March Board Review
The World Bank has reduced the size of a planned grant to the Central Bank of Nigeria from 10.5 million dollars to 6.8...
NNPC Spent N13.2tn on State Refineries Despite Mounting Losses
The Nigerian National Petroleum Company Limited injected an estimated N13.2 trillion into the country’s three state owned refineries between 2023 and 2024, despite...
