Nigeria Targets $1.5bn GDP Boost from Halal Market President Bola Tinubu has launched Nigeria’s National Halal Economy Strategy, a policy designed to position the country within the $7.7 trillion global halal market and accelerate economic diversification. The initiative, unveiled at the Presidential Villa in Abuja by...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria saved over N6 trillion from reduced petroleum product imports in the first nine months of 2025 following the full deregulation of the downstream sector.

Naira-denominated mutual funds have recorded a sharp surge of about 140% over the past year.

‎The naira on Tuesday surged to a record high of ₦1,372.91 per dollar in the official foreign exchange (FX) market, marking a significant milestone in Nigeria’s currency trajectory.

‎Nigeria’s economy expanded for the fourteenth consecutive month in January 2026 as the Composite Purchasing Managers’ Index (PMI) stood at 55.7 points, according to the Central Bank of Nigeria (CBN).

Nigeria is set to reclaim its position as Africa’s third-largest economy in 2026, according to the International Monetary Fund (IMF).