Economy
News and analysis on the Nigerian economy
Nigeria accounts for 15% of the world’s poorest, says World BankÂ
Nigeria is home to 19% of the extremely poor population in sub-Saharan Africa, the highest share across the region, according...
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World Bank projects 3.6% economic growth for Nigeria in 2025, more optimistic than IMF’s forecastÂ
The World Bank has projected that Nigeria’s economy will grow by 3.6% in 2025, building on an estimated 3.4% expansion...
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Global public debt to surpass 100% of GDP by 2030 – IMFÂ
The International Monetary Fund (IMF) has issued a warning about the rapid increase in global public debt, urging countries, particularly...
Read moreDetailsIMF warns Nigeria on inefficient spending, calls for prudent fiscal reforms to foster economic stabilityÂ
The International Monetary Fund (IMF) has emphasized the urgent need for Nigeria to adopt prudent fiscal policies, ensuring efficient resource...
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Nigeria’s Carbon Market Policy to unlock $2.5 billion in investments by 2030 – TinubuÂ
President Bola Ahmed Tinubu has announced that Nigeria’s newly finalised Carbon Market Activation Policy is poised to unlock up to...
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Nigeria records $15.2 billion net FX inflow in Q1 2025 as reforms deepen market liquidityÂ
Nigeria recorded a net foreign exchange (FX) inflow of $15.20 billion in the first quarter of 2025
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Nigeria in advanced talks to re-enter JP Morgan bond index before end of year
Nigeria is in advanced discussions with JP Morgan to re-enter its Government Bond Index amid renewed FX credibility
Read moreDetailsIMF to FG: Stay vigilant, trade tensions may hurt Nigeria’s earningsÂ
The International Monetary Fund has cautioned the Nigerian government to remain vigilant in light of growing global trade tensions and...
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Trump hints at easing tariffs in US-China trade talks amid global optimismÂ
President Donald Trump has expressed a more conciliatory tone toward China in upcoming trade negotiations, signaling a potential shift from...
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PenCom recovers N1.58 billion from defaulting employers, pushes for full CPS adoption across statesÂ
The National Pension Commission (PenCom) has disclosed that it successfully recovered a total of N1.58 billion from defaulting employers through...
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