As Nigeria faces its worst cost-of-living crisis in decades, President Bola Ahmed Tinubu marked his third year in office by saying his economic reforms are necessary to stabilize the country. …
Nigeria Economy
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News Across the Nation
Kano ram Prices Hit N700,000, sellers lament low patronage ahead of Eid-el-Kabir
By Suyudi Isah, NAN Kano: With Eid-el-Kabir less than a week away, Kano livestock market ram sellers are worried about low patronage despite abundant supply. Eid-el-Kabir, otherwise known as Eid-al-Adha, …
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Lagos: Within just eight weeks, Nigeria’s National Single Window (NSW) portal has processed 39,039 trade-related applications—demonstrating its pivotal role in streamlining trade and boosting business efficiency nationwide. The Director of …
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Lagos: The naira opened the week on a positive note, appreciating to N1,365.24 against the U.S. dollar at the official market, amid ongoing efforts to stabilise the foreign exchange environment …
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Lagos: The Naira on Wednesday appreciated at the official market, trading at N1,379.46 against the US dollar. According to data released on the Central Bank of Nigeria (CBN) website, the …
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Imports from Nigeria Climb to £2.4bn $2.94bn Capital Inflows Recorded in Q3 2025 Lagos: Bilateral trade between Nigeria and the United Kingdom surged to £8.1 billion, sparking rapid projected growth …
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news
World Summit Group to Support Nigeria’s $1 Trillion Economy Drive
by Toye Faleyeby Toye FaleyeAbuja: The World Investment Summit Group says it is planning a World Economic Investment Summit aimed at supporting the actualisation of President Bola Tinubu-led administration’s $1 trillion economy target by …
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Edun’s Exit Leaves Reform Agenda Under Pressure, writes TOYE FALEYE An Immediate Transition The sudden change in leadership has unsettled both markets and policymakers. Wale Edun’s abrupt resignation as Coordinating …
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Business & Economy
Nigeria Relies on Local Reforms, Rejects IMF Bailout, Says Edun
by Toye Faleyeby Toye FaleyeWASHINGTON, D.C.: Nigeria is taking its own path on the economy by focusing on local reforms instead of turning to the International Monetary Fund (IMF) for help, Finance Minister Wale …
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Lagos: The Centre for the Promotion of Private Enterprise (CPPE) has rejected the World Bank’s call for increased imports of petroleum products and food, warning it undermines Nigeria’s industrialisation goals. …
