Amid growing concerns over Nigeria’s escalating cost-of-living crisis, President Bola Tinubu has denounced plans for nationwide protests. In a statement posted on social media, he accused...
The Nigerian government has announced a series of measures aimed at curbing the surging cost of food. Among the most significant steps is the suspension of...
Nigeria has emerged as the epicenter of private equity activity across Africa as $2.59 billion worth of deals were done in the first quarter of 2024....
In a bold move to propel Nigeria towards a $1 trillion economy by 2030, the federal government has launched an ambitious initiative aimed at establishing an...
Business activity in Nigeria reached its lowest point in seven months this June, according to the latest Purchasing Managers’ Index (PMI) report from Stanbic IBTC Bank....
Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has described Nigeria as a poor country with the potential to be...
Authorities in Lagos, Nigeria’s bustling commercial capital, have issued a public health warning following the confirmation of a “highly aggressive and contagious” cholera strain that has...
The International Monetary Fund (IMF) has projected that the country’s Gross Domestic Product (GDP) will reach $1.85 trillion by 2029 in Purchasing Power Parity (PPP) terms....
Nigeria has set an ambitious target of generating N2 trillion in annual revenue from this sector by the year 2027. The revelation came from the Minister...
The Central Bank of Nigeria (CBN) disbursed $2.13 billion for food imports in 2023. This disclosure raises concerns about the nation’s ability to achieve self-sufficiency in...