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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...

W/Bank Forecasts 4.4% GDP Growth for Nigeria, Highest in Over a Decade

W/Bank Forecasts 4.4% GDP Growth for Nigeria, Highest in Over a Decade ‎ ‎Nigeria’s economy is poised for its strongest expansion in over a decade, according to the latest Global Economic Prospects report released by the World Bank. The report projects a robust 4.4% GDP growth...

NEC Projects $1trn Economy by 2030 with New Road Map

NEC Projects $1trn Economy by 2030 with New Road Map   The National Economic Council (NEC) on Thursday unveiled the framework for the Renewed Hope Development Plan (2026–2030) aimed at consolidating Nigeria’s reform agenda and actualising the $1tn economy target of the administration of President Bola...

Nigeria, Conflict-Affected Economies Face Growing Extreme Poverty Crisis – World Bank 

Nigeria, Conflict-Affected Economies Face Growing Extreme Poverty Crisis - World Bank    The World Bank has warned that extreme poverty is growing rapidly in Nigeria and 38 other economies affected by conflict and instability, worsening hunger and pushing development goals further out of reach. The bank made...

DMO Raises N91bn via Green Bond Issue

DMO Raises N91bn via Green Bond Issue   The Debt Management Office (DMO) has announced the successful conclusion of the Federal Government of Nigeria’s third Sovereign Green Bond offer, which raised a total of N91.42bn from investors. The offer, which was initially set at N50bn, closed on...

As the “Headmaster” Heads Nigeria’s Economy out of the Woods, by Rahma Olamide Oladosu

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 the time was marred by...