Nigeria Targets Fiscal Clarity, Investor Appeal in GDP Rebase
Nigeria is preparing to release its rebased Gross Domestic Product (GDP) figures in 2025 for the first time in more than a decade, which analysts say could catalyse investment and improve...
NGX Records N1.76trn Highest Daily Gain in 2025
The Nigerian Exchange Limited (NGX) posted its highest daily gain so far this year, with the market soaring by N1.76tn on Thursday, driven by a rally in banking and insurance stocks.
At the...
Steel Sector Sees $500m FDI Boost Following Reforms, Says Minister
About $500m in foreign direct investment (FDI) has flowed into Nigeria’s steel sector over the past 20 months, the Minister of Steel Development, Prince Abubakar Audu, has revealed.
Audu disclosed this...
No Dividends, No Excuses: CBN’s Tough Love for Nigerian Banks, by Rahma Olamide Oladosu
There are moments in the life of an economy when hard decisions must be made not for applause or popularity, but to preserve the future. One...
Cardoso: Placing Nigeria at the Heart of Africa’s Financial Future, by Zekeri Idakwo Laruba
It is often said that “if you want to go fast, go alone, but if you want to go far, go together.” This African proverb found...
NERC Reveals Benin and Togo's $11m Electricity Debt to Nigeria
The Republics of Benin and Togo have failed to pay over $11m owed to Nigeria for electricity supplied in the first quarter of 2025, according to the latest report from...