The World Bank warns that Nigeria’s stabilisation gains risk stalling without structural reform, as services spur growth while industry and agriculture lag, and that the 2027 elections loom as a…
Abuja: The World Bank has underscored its strong support for Nigeria’s ongoing economic reforms, stressing the nation’s steady progress and the essential role of parliamentary oversight in ensuring development success.…
Lagos: The Naira on Monday appreciated further at the official foreign exchange market, closing at ₦1,357.76 to the U.S. dollar, a gain of ₦8.46 from the previous trading session, according…
Abuja: Nigeria’s headline inflation rate slowed to 15.06% in February, according to the National Bureau of Statistics (NBS), offering slight relief to consumers after months of sustained price pressures. To…
Lagos: Mr Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN), says reforms in Nigeria’s foreign exchange (FX) market have significantly improved liquidity, restored investor confidence and stabilised the Naira. He…
Rising crude prices give Abuja a quick boost, but inflation, higher shipping costs, and deeper economic problems could take away these gains. Report by TOYE FALEYE. Disruption in World’s Shipping…
Lagos: Central Bank of Nigeria Governor Olayemi Cardoso announced the country’s net foreign exchange reserves stood at $34.80 billion as of December 2025. In a statement issued on Monday in…
Nigeria’s Fiscal Mirage: Between Official Optimism and Hidden Realities TheDigger Intelligence Unit When Coordinating Minister of the Economy and Finance Minister Wale Edun stands before the National Assembly or addresses…
Abuja: In a move to quell mounting legislative concerns, Minister of State for Finance Doris Anite-Uzoka announced Thursday that long-delayed capital budget disbursements for 2024 and 2025 will finally begin,…
Abeokuta: Governor Dapo Abiodun of Ogun State on Wednesday commended President Bola Tinubu’s economic reforms, describing them as bold decisions that rescued Nigeria from the brink of collapse and placed…