$24bn Investments Flow into Nigeria’s Oil Sector as Reforms Take Hold - NNPC
The Nigerian National Petroleum Company Limited (NNPCL) has said recent reforms in the oil and gas sector have unlocked over $24bn in fresh investments, with an additional $10bn currently in the pipeline,...
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...