Nigeria Faces Slower Growth in 2027, AfDB Projects
The African Development Bank Group has projected that Nigeria’s economic growth will slow to 3.7 per cent in 2027 as easing global oil prices reduce external revenue inflows, despite a modest improvement expected in 2026.
The projection was...
X-Raying Economic and Security Benefits of Ranching Reform
By MUKHTAR Ya’u Madobi
President Bola Ahmed Tinubu recently reaffirmed his administration’s commitment to comprehensive ranching and livestock reforms at the National Economic Council (NEC) conference in Abuja. His message was clear: reforming Nigeria’s livestock sector is not...
Report Reveals Positive Outlook for Nigeria's Economy
Africa’s biggest economy is targeting a period of reform-driven economic stability that could bolster growth and investor confidence, according to the 2026 Nigeria Macroeconomic Outlook by EnterpriseNGR in partnership with EY.
The report, unveiled in Lagos on Thursday, forecasts...
Nigeria Sees 11th Consecutive Month of Economic Growth
Nigeria’s economy expanded for the eleventh consecutive month as Central Bank of Nigeria (CBN) Purchasing Managers’ Index rises to 55.4 index points in October 2025 from 54 index points recorded in the previous month.
According to the CBN...
World Bank Forecasts 3.6% Economic Growth for Nigeria
The World Bank has projected that Nigeria’s economy will grow by 3.6 per cent in 2025, building on an estimated expansion of 3.4 per cent in 2024, as key macroeconomic reforms begin to stabilise the business environment.
The...
'US Tariff May Slow Nigeria’s Economic Growth Prospects'
Nigeria’s economic growth prospects in 2025 face a potential slowdown due to a newly imposed 14 per cent reciprocal tariff by the United States on Nigerian imports.
This was indicated in the latest ‘Nigeria Economic Outlook – April...
