Nigeria recorded a significant increase in foreign exchange earnings from non-crude exports in 2025 with receipts rising by $1.86 billion compared to the previous year. Data...
Nigeria’s external debt stock is projected to rise significantly over the next two years as the country continues to rely on foreign borrowing to support fiscal...
A committee of the House of Representatives has facilitated the recovery of ₦521 million in value-added tax (VAT) during an ongoing review of tax remittances involving...
The African Development Bank (AfDB) has identified unreliable electricity supply as one of the major obstacles limiting business growth and economic competitiveness in Nigeria, warning that...
President Bola Tinubu has defended his administration’s economic reform programme, saying the measures introduced since 2023 have stabilised Nigeria’s economy, restored investor confidence and laid the...
Nigeria’s manufacturing sector recorded slower nominal growth in the first quarter (Q1) of 2026 as rising production costs, inflationary pressures and weaker consumer purchasing power continued...
Nigeria’s economy expanded by 3.89 percent year-on-year in real terms in the first quarter (Q1) of 2026, according to the latest Gross Domestic Product report released...
Central Bank of Nigeria (CBN) has retained all key monetary policy parameters at the conclusion of the 305th Monetary Policy Committee meeting as policymakers continued efforts...
Africa’s persistent infrastructure deficit continues to constrain economic growth, limit industrial expansion and weaken the continent’s ability to create jobs for its rapidly growing population despite...
Tony O. Elumelu has called for a fundamental shift in Africa’s development strategy, urging leaders and global partners to move away from aid dependency and focus...
