Nigeria's economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved ...

The World Bank has revealed that Nigeria could increase its customs revenue by 66 per cent if the Federal Government lifts ...

World Bank reports that Nigerian National Petroleum Company Limited (NNPCL) has been transferring only 50% of fuel subsidy ...

The World Bank has faulted the Central Bank of Nigeria’s (CBN) Open Market Operations (OMO) policy, calling for adjustments ...

Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a ...

The United Kingdom has reaffirmed its confidence in Nigeria’s economic trajectory, declaring that President Tinubu’s sweeping ...

Nigeria’s inflation rate is projected to average 22.1% in 2025 as the Central Bank’s tight monetary stance begins to anchor ...

However, Samad acknowledged that challenges remain, particularly the persistence of high inflation. He underscored the ...

It said the acceleration in gross domestic product (GDP) growth was driven mainly by a continued oil and gas sector recovery ...

The International Monetary Fund has advised Nigeria, stating that the country must remain vigilant amid mounting global trade tensions and tightening financial conditions. It was issued on April 22, ...

Nigeria’s macroeconomic reforms have begun to yield results, strengthening the foreign exchange market and boosting ...

At present, the best-performing sectors of the economy, like finance and ICT, while important as drivers of growth, are not ...