Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, has described the ongoing Lagos–Calabar Coastal Highway project as a major…
Browsing: economy
Nigeria’s manufacturing sector has continued to face mounting challenges as credit to manufacturers dropped sharply by N7.72 trillion between January…
The Central Bank of Nigeria (CBN) has injected $1.25 billion into the economy to support fuel imports and other critical…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that the nation’s economic recovery has…
Nigeria appears to be making progress toward its goal of reducing inflation to 15 percent, as recent data from the…
The International Monetary Fund (IMF) has released its latest economic outlook for Africa, highlighting several countries that are projected to…
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has reiterated the apex bank’s unwavering commitment to…
Nigeria’s banking and insurance sectors, along with other financial institutions, collectively contributed an estimated ₦1.77 trillion to the national economy…
FCMB Group, one of Nigeria’s leading financial conglomerates, has announced gross earnings totaling ₦529.2 billion in its recent financial results,…
Nigeria’s rebasing of its Gross Domestic Product (GDP) to ₦372.8 trillion has been hailed as a landmark achievement in economic…
Nigeria’s real estate sector has witnessed a remarkable upturn, surging to a market value of ₦41.3 trillion in the first…
Nigeria’s recent efforts to stabilize the naira appear to be gaining traction, with a notable surge in vehicle imports underscoring…
Nigeria’s economy recorded a growth rate of 4.23 percent in the second quarter of 2025, according to the National Bureau…
The Central Bank of Nigeria (CBN) has reiterated its determination to safeguard economic stability and strengthen the financial sector, with…
Nigeria’s ambition to achieve a $1 trillion economy by the end of the decade will require a minimum of 21.9%…
The Nigerian Economic Summit Group (NESG) has urged the federal government to strengthen its reform momentum and prioritize economic stabilization…
Nigeria’s drive toward industrialisation is facing significant headwinds as the country’s manufacturing and agricultural sectors continue to struggle under the…
First City Monument Bank (FCMB) Group has announced plans to raise additional equity capital as part of its strategy to…
The Director General of the Securities and Exchange Commission (SEC) has been confirmed as the keynote speaker at the upcoming…
Former Nigerian President Muhammadu Buhari’s legacy has come under renewed scrutiny following a critical article by The Economist, which claims…