Obi’ll bring dollar down to ₦500, Utomi boasts
Pat Utomi, a political economist and chieftain of the Nigeria Democratic Congress (NDC), says the party’s presidential candidate, Peter Obi, will strengthen the naira to N500 against the dollar if…
Tinubu says global confidence in Nigeria rising as S&P upgrades rating, Fitch, Moody’s improve outlooks
President Bola Tinubu has said Nigeria is experiencing renewed confidence in international financial markets, citing improved sovereign credit assessments, its return to global investment indices and the removal of the…
Tinubu: Nigeria must borrow to build, bot finance consumption, says $1trn economy requires long-term onvestment
President Bola Tinubu has defended his administration's borrowing strategy, insisting that loans secured by the Federal Government are increasingly being directed towards productive infrastructure investments rather than recurrent expenditure or…
Tinubu fires back at loan critics: ‘We can’t build $1trn economy with small infrastructure’
President Bola Tinubu has defended his administration’s borrowing plans, arguing that loans secured from international institutions and banks should be judged by the infrastructure they deliver, the economic value they…
Oyedele: Nigerian businesses need more than loans to grow
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said Nigerian businesses need patient capital, experienced investors and institutional support to overcome growth barriers and compete…
Oyedele: States control 85% of Nigeria’s resources, FG gets 15%
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said state and local governments account for about 85 per cent of Nigeria’s resources, leaving the Federal Government…
Dangote unveils $50bn Africa investment plan
Aliko Dangote, President and Chief Executive of Dangote Industries Limited, has announced plans to invest $50 billion across Africa between 2026 and 2030, with a focus on industrialisation and addressing…
Oyedele, Muda Yusuf, NGX, NCC leaders chart path to Nigeria’s $1trn economy
Nigeria’s ambition to build a $1 trillion economy by 2030 will depend on tax policies that encourage enterprise, stronger industrial capacity, increased investment, wider digital connectivity and a capital market…
World Bank report validates Tinubu’s economic reforms, president promises more relief
President Bola Tinubu has described the World Bank’s latest assessment of Nigeria’s economy as evidence that his administration’s economic reforms are yielding results, while acknowledging the need to translate the…
World Bank applauds Nigeria’s macroeconomic gains, lifts 2026 growth forecast to 4.3%
The World Bank has raised its projection for Nigeria’s economic growth in 2026 to 4.3 percent, citing improving macroeconomic stability, stronger investor confidence and a gradual recovery in private investment.…
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