Nigeria Economy
Oyedele, Cardoso Meet World Bank Chief to Review Nigeria’s Economic Reforms
Finance Minister Taiwo Oyedele and Central Bank of Nigeria (CBN) Governor Olayemi Cardoso have met with World Bank Group President Ajay Banga to...
Fitch Raises Nigeria’s Economic Outlook to Positive, Maintains B Credit Rating
Fitch Ratings has revised Nigeria’s credit outlook from stable to positive while maintaining the country’s long-term sovereign credit rating at ‘B’, citing stronger...
World Bank Forecasts Nigeria Economy to Grow 4.4% Annually Through 2028
Nigeria’s economy is expected to grow by an average of 4.4% annually through 2028, while inflation and poverty could decline if the government...
NESG Urges Nigeria to Turn Economic Reforms Into Jobs, Higher Incomes.
The Nigerian Economic Summit Group (NESG) has called on the Federal Government to urgently translate Nigeria’s recent economic reforms into tangible improvements in...
Yilwatda Charges Telecom Sector to Drive Nigeria’s $1 Trillion Economic Ambition
The National Chairman of the All Progressives Congress (APC), Prof. Nentawe Yilwatda, has called on Nigeria’s telecommunications and technology sector to strategically position...
Delta Overtakes Lagos as Nigeria’s Top FAAC Beneficiary in Q2
Delta State emerged as Nigeria’s largest recipient of Federation Account Allocation Committee (FAAC) funds in the second quarter of 2026, overtaking Lagos as...
CBN Says Bank Recapitalisation Is a Starting Point, Not the End of Reform
The Central Bank of Nigeria (CBN) has said the stronger capital base achieved through the banking sector recapitalisation programme is only the beginning...
Nigeria’s External Debt Rises by $11.4 Billion Under Tinubu
Nigeria’s external debt stock has increased by about $11.4 billion since President Bola Ahmed Tinubu assumed office, reflecting a combination of new borrowing...
