CBN Governor Olayemi Cardoso says Nigeria’s reforms and policy buffers will help the economy withstand global shocks.

President Bola Tinubu says Nigeria is gradually overcoming its economic difficulties, adding that state governments are now ...

The Renewed Hope Ward Development Programme aims to address this by concentrating development planning at the ward ...

The CBN has said Nigeria’s economy was close to a crisis before recent reforms, including the removal of long-standing petroleum subsidies and forex reforms.

The leadership of the Nigerian Senate is set to hold a high-level meeting with officials of the International Monetary Fund (IMF) as part of consultations ...

Nearly one in every seven barrels of crude oil Nigeria produced last year never reached the Federation Account.

From Adanna Nnamani, Abuja Nigeria’s economy was on the brink of collapse as mismanaged petroleum subsidies and foreign exchange distortions drained resources equivalent to six percent of GDP, the ...

The World Bank, and International Monetary Find (IMF), have reeled out positive outlook for Nigeria in 2026:2027, projecting a 4.4% growth with positive headline inflation, and food inflation ...

Anchored on port modernisation, digital trade facilitation and institutional reform, the new direction is designed to reposition Nigeria’s seaports as competitive hubs within the global shipping ...

SIR: There are divergent views about Nigeria’s ability to attain a $1 trillion economy by 2030. I am still optimistic, as it is too early to conclude that it won’t be achievable. Nigeria’s economy has ...

Rebasing means to base GDP against a benchmark of prices from a particular year over the years to determine the GDP for current periods. Dr Taiwo Oyedele, Chairman, Presidential Committee on Fiscal ...

Between 2014 and 2018, Nigeria underwent a seismic shift in its forestry sector, transforming from a minor timber participant into the world’s largest exporter of African rosewood, known locally as ...