HomeFinancial

Financial

FAAC Disburses ₦2.34trn Nov Revenue to Three Tiers of Govt

The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦2.343 trillion to the three tiers of government, Federal, State and Local Governments.

Nigeria Among Top 10 Contributors to Global GDP Growth in 2026 — IMF

Nigeria Among Top 10 Contributors to Global GDP Growth in 2026 — IMF ‎ ‎Nigeria has been ranked among the top 10 contributors to global real GDP growth in 2026, according to new figures released by the International Monetary Fund (IMF). ‎ ‎IMF data shows that Nigeria will...

How Nigeria’s Economic Revival is Attracting Global Investors – The Economist

How Nigeria’s Economic Revival is Attracting Global Investors - The Economist ‎ ‎Nigeria is re-emerging as a magnet for global capital after years of economic turbulence. The Economist notes that President Bola Tinubu’s sweeping reforms, though painful for households, are beginning to restore stability and spark...

Nigeria to Overtake South Africa, Become Continent’s Largest Contributor to Global GDP – IMF

Nigeria to Overtake South Africa, Become Continent’s Largest Contributor to Global GDP - IMF ‎ ‎Nigeria is projected to overtake South Africa as Africa’s largest contributor to global economic growth in 2026, according to new estimates by the International Monetary Fund (IMF). ‎ ‎The projection, reported by Business...

Tinubu’s Painful Reforms Yielding Results – The Economist

‎Tinubu’s Painful Reforms Yielding Results - The Economist ‎ ‎Nigeria may be turning a corner after years of economic decline. According to The Economist, a spate of painful reforms introduced by President Bola Tinubu since 2023 is beginning to show positive outcomes, restoring investor confidence and...

Businesses Suffer as FG’s Domestic Loans Hit N9trn

Businesses Suffer as FG's Domestic Loans Hit N9trn The Federal Government’s domestic borrowings from financial market operators rose sharply in 2025 despite high interest rates, widening the gap between public and private sector access to credit, according to data obtained from the Central Bank of...