MAN Pushes for Local Raw Material Sourcing to Boost Economy   The Manufacturers Association of Nigeria (MAN) has called for improved sourcing of local raw materials and deeper backward integration across industries, following recent Central Bank of Nigeria data that the non-metallic and food, beverage and...

‎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 ‎ ‎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   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    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   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...