Nigeria has been formally admitted as a member of the European Bank for Reconstruction and Development (EBRD), marking a step towards boosting private sector access to international capital and supporting the country’s long-term economic transformation.
Investors Flock to Nigeria as Economic Reforms Show Results - FG
The Minister of Budget and Economic Planning, Abubakar Bagudu, has stated that Nigeria’s economy is undergoing a turnaround, driven by bold reforms, improved coordination, and a renewed focus on national priorities.
In a statement on...
FG Lauds Naira-for-Crude Deal Milestones
The Federal Government’s drive to boost the naira through local sales of crude oil and refined petroleum products has recorded significant progress, according to the Technical Sub-Committee overseeing the policy’s implementation.
This was revealed during a high-level follow-up meeting of the...
The Federal Executive Council (FEC) yesterday approved Nigeria’s full membership of the Asian Infrastructure Investment Bank (AIIB) as a non-regional member, marking a significant milestone in the country’s international economic engagement.
The Federal Government has directed the Economic Management Team (EMT) to chart a fresh path for Nigeria’s economic future, targeting a medium-term growth rate of seven per cent.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Federal Government plans to reduce inflation rate to single digits.
