FG Targets $100bn GDP Boost from Arts, Culture, and Creative Economy   The Federal Government is setting ambitious targets to supercharge Nigeria's economy through the creative industries, aiming to add a whopping $100 billion to the country's GDP. The Minister of Arts, Culture, Tourism, and Creative Economy, Hannatu Musa...

Livestock Ministry Unveils Plan to Boost GDP to $74bn by 2035   The Federal Ministry of Livestock Development has set an ambitious target to significantly boost the livestock sector's economic contribution, aiming to increase its Gross Domestic Product (GDP) from $32 billion to $74 billion by...

MAN Calls for Electricity Tariff Reduction, Caution on GDP Rebasing   The Manufacturers Association of Nigeria (MAN) has reiterated its determination to push for a reduction in electricity tariffs while cautioning the Federal Government against politicising the planned Gross Domestic Product rebasing process. MAN’s leadership, during its...

FG Targets 21% ICT Contribution to GDP The Minister of Communications, Innovations, and Digital Economy, Dr Bosun Tijani, has announced the Federal Government’s plans to raise the contribution of the Information and Communications Technology sector to Nigeria’s Gross Domestic Product to 21 per cent within...

Nigeria's GDP Growth to Remain Steady at 3.2% in 2025 - IMF The International Monetary Fund (IMF) has maintained its economic growth projections for Nigeria, forecasting a 3.2% expansion in 2025 and 3% growth in 2026. This was disclosed in the multilateral institution’s latest World Economic...

CBN Introduces New Account Options for Non-resident Nigerians The Central Bank of Nigeria (CBN) has launched two innovative account products designed to enhance financial access and investment opportunities for Non-Resident Nigerians (NRNs). Unveiled on Friday, January 10, 2025, the Non-Resident Nigerian Ordinary Account (NRNOA) and Non-Resident...