As the “Headmaster” Heads Nigeria’s Economy out of the Woods, by Rahma Olamide Oladosu   When Olayemi Cardoso was appointed as the Governor of the Central Bank of Nigeria, the atmosphere was thick with skepticism and unrest. Nigeria’s financial terrain at...

Dangote Hails Tinubu’s Bold, Historic Economic Reforms ‎ ‎Africa’s richest man, Aliko Dangote, has praised President Bola Ahmed Tinubu for implementing what he described as bold and visionary economic reforms, saying they have significantly reduced the strain on Nigeria’s public resources. ‎ ‎Speaking...

Moody’s Upgrades Nigeria’s Rating to B3, Cites Improved Reserves   Moody’s has upgraded Nigeria’s rating by a notch to ‘B3’ from ‘Caa1,’ citing significant improvements in the country’s external and fiscal positions. The credit ratings agency revised Nigeria’s outlook to ‘stable’ from...

'Tinubu’s Reforms Bold, But Brought Pains on Citizens, Businesses'   The Lagos Chamber of Commerce and Industry (LCCI) yesterday said President Bola Tinubu’s administration in the last two years has been characterised by bold macroeconomic reforms and significant policy shifts. The LCCI,...

Tax Reforms Not Just About Revenue, Says Presidential Aide   The tax reforms driven by President Bola Tinubu are focused on empowering, supporting and building a better economic future for young Nigerians to thrive, the Senior Special Assistant to the President...

African Airlines Record 13.6% Jump in Passenger Traffic   The International Air Transport Association (IATA) released data for April 2025 global passenger demand with African airlines recording a 13.6% year-on-year increase in demand. Capacity was up 8.9% year-on-year. The load factor was...