Nigeria Records 11.2% GDP Growth in Dollar Terms in 2025, Eyes $1tn Economy by 2030 - Oyedele
Nigeria recorded a strong Gross Domestic Product (GDP) growth rate of 11.2 per cent in US dollar terms in 2025, reinforcing the country’s ambition to build a $1...
'Report Reveals 53% of Nigerians Don't Save'
A startling new window into the financial habits of Africa’s largest economy has revealed a deepening savings crisis.
According to the PiggyVest Savings Report 2025, released in March 2026, over half of the Nigerian population is currently living without...
OPL 245 Settlement Will Reposition Nigeria’s Economy - AGF
The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has said the resolution of the long-running dispute over Oil Prospecting Licence (OPL) 245 will strengthen Nigeria’s fiscal position and reposition the country’s economy.
Fagbemi made...
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...