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Nigeria Economy

Tinubu’s IMF Loan Payoff Is Economic Masterstroke — Delta APC

The Delta State chapter of the APC has praised President Tinubu’s repayment of IMF debt, describing it as a historic move that signals Nigeria’s economic revival.

2025 UTME: JAMB to Release Results Friday

The Joint Admissions and Matriculation Board (JAMB) will release the 2025 UTME results this morning in Abuja, following dismal performance data from over 1.9 million candidates.

World Bank Forecasts Nigeria’s Revenue-to-GDP Ratio to Surpass 10.5%

The World Bank projects Nigeria’s revenue-to-GDP ratio to exceed 10.5% in 2024, while the government tackles inflation with agriculture-focused initiatives

Nigeria Unveils Plan to Tackle Inflation, Boost Jobs

Nigeria’s finance minister introduces economic reforms focused on reducing inflation, creating jobs, and fostering growth in agriculture, housing, and oil sectors.

Leaders Urge Tinubu to Ease Burden of Fuel Price Hike on Citizens

Nigerian leaders, including Senator Shehu Sani, call on President Tinubu to ease the impact of rising fuel prices on the poor and ensure shared sacrifices.

Why Cement Prices Are Skyrocketing in Nigeria

BUA Cement's AbdulSamad Rabiu explains the rise in cement prices in Nigeria, citing dealer practices and economic challenges as key factors.

Nigeria’s Rusty FX Market Struggles to Rebound

Nigeria’s FX market faces ongoing challenges, with liquidity shortages and volatility threatening economic recovery despite government interventions.

Nigeria to Issue $500M Bond as Capital Importation Data Awaits Release

Nigeria will auction its first $500 million domestic dollar bond as the NBS prepares its Q2 2024 capital importation report.

Nigeria’s Inflation Slows for the First Time in 19 Months

Nigeria’s inflation rate slows after 19 months of increase, offering brief relief but ongoing economic challenges remain.

Nigeria’s Economic Activity Drops for 13th Straight Month in July

Nigeria's economic activity contracts for the 13th month, as rising costs and declining employment continue to hinder growth.

CBN Sells $876M at N1,495 in Retail Forex Auction Amid Naira Volatility

The Central Bank of Nigeria has sold $876.26 million at N1,495 per dollar in its latest retail forex auction to stabilize the naira amidst economic pressures.

Nigeria’s Economic Woes: Poor Diversification, Excess Liquidity Cited by CBN

CBN Governor Yemi Cardoso attributes Nigeria's economic woes to poor diversification and excess liquidity, raising interest rates to combat inflation.

NNPC Holds 7.2% Stake in Dangote Refinery, Not 20%: Dangote

Aliko Dangote reveals that NNPC holds a 7.2% stake in the Dangote Refinery, correcting earlier reports of a 20% stake and highlighting the project's significance.

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.

Latest articles

Tinubu’s IMF Loan Payoff Is Economic Masterstroke — Delta APC

The Delta State chapter of the APC has praised President Tinubu’s repayment of IMF debt, describing it as a historic move that signals Nigeria’s economic revival.

2025 UTME: JAMB to Release Results Friday

The Joint Admissions and Matriculation Board (JAMB) will release the 2025 UTME results this morning in Abuja, following dismal performance data from over 1.9 million candidates.

Akpabio Criticizes Peter Obi Over Labour Party Crisis

KEY POINTS Senate President Godswill Akpabio criticized Peter Obi, urging him to resolve internal...

Nnamdi Kanu’s Legal Team Grows Stronger as Another Senior Advocate Joins Terrorism Trial Defense

KEY POINTS Two new legal experts, including SAN Paul Esokoro and Dr. P.K. Obi,...