Power Sector Reforms Yield $2bn Investment, Slash Liabilities The Federal Government has said that the reforms introduced in Nigeria’s power sector under President Bola Tinubu’s Renewed Hope Agenda are beginning to yield measurable results, with improvements recorded across the electricity value chain. According to the government,...

How Nigeria’s Economic Revival is Attracting Global Investors - The Economist ‎ ‎Nigeria is re-emerging as a magnet for global capital after years of economic turbulence. The Economist notes that President Bola Tinubu’s sweeping reforms, though painful for households, are beginning to restore stability and spark...

‎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...

NGX Gains N479bn as Reforms Lift Investor Confidence   Nigeria’s equities market sustained its upward trajectory on Thursday, recording a gain of N479bn in market capitalisation as investors continued to respond positively to ongoing economic reforms and improving macroeconomic indicators. At the close of trading, the Nigerian...

World Bank Urges Govt to Implement Reforms and Fiscal Discipline   The World Bank has urged the Federal Government to sustain the momentum of its economic reforms by tightening fiscal and monetary policies, enhancing transparency in public finance, and consolidating gains from recent measures such as...

Steel Sector Sees $500m FDI Boost Following Reforms, Says Minister   About $500m in foreign direct investment (FDI) has flowed into Nigeria’s steel sector over the past 20 months, the Minister of Steel Development, Prince Abubakar Audu, has revealed. Audu disclosed this on Thursday in Abuja while...