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Economic Growth

Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.

Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.

Africa’s Foreign Investment Boom: Key Drivers of Global Capital Flow

Africa attracts $53 billion in FDI, fueled by its natural resources, youthful market, green energy projects, and growing digital economy despite global challenges.

How State Governors Influence Nigeria’s Development

State governors play a key role in Nigeria’s development, driving growth through policies, resource management, and security initiatives.

Tinubu Promises Better Times for Nigerians in 2025

Economic growth by 2025 will usher in brighter days for Nigerians: Tinubu.

Nigeria’s Revenue Soars to N9.1 Trillion in First Half of 2024

Nigeria’s revenue hit N9.1 trillion in the first half of 2024, reflecting the government's strategic economic policies and improved tax collection.

Nigeria’s Largest Local Investment Faces Significant Challenges

Nigeria's largest local investment, the Dangote Refinery and Petrochemical Plant, faces significant challenges, but promises economic growth and job creation.

Dangote Refinery Set to Resolve Nigeria’s Forex’s Crisis – S&P Global

S&P Global reports Dangote Refinery could significantly stabilize Nigeria's forex issues and spur economic growth.

Dangote Criticizes CBN High Interest Rates, Calls for Policy Reforms

Aliko Dangote addresses stifling interest rates and the need for supportive policies to boost Nigeria’s manufacturing and economic potential.

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.

Oil Production Boosts Planned for Akwa Ibom State

Nigeria's oil production is poised for a significant boost with the commencement of operations at Oil Mining Lease (OML) 13 in Akwa Ibom State. The project, a collaboration between the state-owned Nigerian National Petroleum Company (NNPC) and its partners, marks a promising development for the country's energy sector.

Federal Government to Create 2.5 Million Jobs Through LEEP

The Federal Government of Nigeria launches the Labor Employment and Empowerment Programme (LEEP), targeting the creation of 2.5 million jobs in an effort to reduce poverty and promote economic growth.

Nigeria Issues N8 Trillion in Treasury Bills to Boost Economy

In a bid to bolster the country's economy, Nigeria has issued a staggering N8...

Tinubu Launches Bold Plan to Revive Nigeria’s Economy

In an assertive move to bolster Nigeria's economy, President Bola Tinubu has unveiled a...

Latest articles

Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.

Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.

Nigeria brings home 1,230 citizens stranded in Niger

Nigeria's Federal Government brought home 1,230 stranded citizens from Niger in March 2026, completing the evacuation in two airlifts.

OO Poly Aba launches EdTech and anti-drug drive

Ogbonnaya Onu Polytechnic Aba plans to introduce Educational Technology courses and partner with the National Drug Law Enforcement Agency to curb student substance abuse, Rector Christopher Okoro Kalu announced this week.