5 h. ago Stop Demarketing Nigeria With Fake Statistics – PDP Chieftain Tells Peter Obi

A chieftain of the Peoples Democratic Party, Segun Sowunmi, has urged former Labour Party presidential candidate, Peter Obi, to stop demarketing Nigeria especially at international forums. Sowunmi led this out on Friday, while reacting to Obi’s X post on Friday, in where the former governor of Anambra State compared Nigeria’s economic growth with some countries. […] The post Stop Demarketing Nigeria With Fake Statistics – PDP Chieftain Tells Peter Obi appeared first on Information Nigeria.

Politics

5 h. ago Nigeria Has Exited Turbulent Economic Period – Cardoso, Edun

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and the minister of Finance and Coordinating minister of the Economy, Wale Edun, have declared that Nigeria has exited its most turbulent economic period and is now firmly on the path to growth and stability. Speaking on Friday night at a joint press conference at […]

Politics

14 h. ago Nigeria’s economic trajectory turning positive, says Cardoso

The Nigerian economy is beginning to turn the corner with an increased investor confidence, growing reserves and macroeconomic stability, according read more Nigeria’s economic trajectory turning positive, says Cardoso

Politics

17 h. ago Tinubu’s reforms saved Nigeria’s economy from collapse – Senator Adeola

From Laide Raheem, Abeokuta Senator Solomon Adeola, representing Ogun West at the National Assembly, has credited President Bola Tinubu with preventing Nigeria’s economic collapse through the removal of fuel subsidies and the floating of the naira. Adeola, who chairs the Senate Committee on Appropriations, claimed that the previous administration borrowed heavily to fund subsidies and […] The post Tinubu’s reforms saved Nigeria’s economy from collapse – Senator Adeola appeared first on The Sun Nigeria.

Politics

25 h. ago FG now focusing on revenue mobilisation rather than concessional funding

Wale Edun, the minister of finance and coordinating minister of the economy, says Nigeria is moving away from concessional funding read more FG now focusing on revenue mobilisation rather than concessional funding- Wale Edun

Politics

42 h. ago Tinubu reaffirms commitment to workers’ welfare at TUC quadrennial conference

From Adanna Nnamani, Abuja President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to improving the welfare of Nigerian workers and ensuring fair labour practices amid growing economic challenges in the country. The President, who was represented by the Minister of Labour and Employment, Muhammad Dingyadi, made this known at the inaugural Quadrennial Delegates Conference […] The post Tinubu reaffirms commitment to workers’ welfare at TUC quadrennial conference appeared first on The Sun Nigeria.

Politics

43 h. ago Nigeria’s digital titans to be crowned as 50MVPs set to ignite Lagos

By Chinenye Anuforo The digital revolution in Nigeria is about to get its due recognition as the highly anticipated “50 Most Valuable Personalities (50MVPs) in Nigeria’s Digital Economy 2025” prepares to take center stage on May 22, 2025. This landmark event, planned to be hosted at the BON Hotel in Ikeja GRA, Lagos, promises to […] The post Nigeria’s digital titans to be crowned as 50MVPs set to ignite Lagos appeared first on The Sun Nigeria.

Politics

47 h. ago Atiku Is Leader Nigerians’ Needs, Those Criticizing Him Are Working For Their Stomach — PDP Chieftain

A chieftain of the Peoples Democratic Party, Segun Adewale, has said that former vice president, Atiku Abubakar is the Messiah Nigerians needs to fix the economy and end insecurity challenge facing the country. The former Lagos State chairman of the party told newsmen on Friday that no one should write off Atiku politically or tell […] The post Atiku Is Leader Nigerians’ Needs, Those Criticizing Him Are Working For Their Stomach — PDP Chieftain appeared first on Information Nigeria.

Politics

47 h. ago Atiku Is Leader Nigerians Needs, Those Criticising Him Are Working For Their Stomach — PDP Chieftain

A chieftain of the Peoples Democratic Party, Segun Adewale, has said that former vice president, Atiku Abubakar is the Messiah Nigerians needs to fix the economy and end insecurity challenge facing the country. The former Lagos State chairman of the party told newsmen on Friday that no one should write off Atiku politically or tell […] The post Atiku Is Leader Nigerians Needs, Those Criticising Him Are Working For Their Stomach — PDP Chieftain appeared first on Information Nigeria.

Politics

52 h. ago Step Up Domestic Revenue Mobilisation Through Tax, IMF Tells Nigeria, Others

The International Monetary Fund (IMF) has advised Nigeria and other African economies to step up domestic revenue mobilisation, arguing that there is still ample room to increase taxation despite prevailing fiscal pressures. Speaking at a press briefing on the IMF’s 2025 Global Policy Agenda, Managing Director Kristalina Georgieva, citing Nigeria, Egypt, Ghana, and Côte d’Ivoire, […]

Politics

53 h. ago World Bank sees poverty rising in Nigeria despite economic growth

The World Bank has predicted that Nigeria may likely see a rise in the levels of poverty over the next read more World Bank sees poverty rising in Nigeria despite economic growth

Politics

54 h. ago World Bank forecasts 3.4% economic growth for Nigeria in 2025

From Adanna Nnamani, Abuja The World Bank has announced a positive outlook for Nigeria’s economy, projecting a growth rate of 3.6 per cent in 2025, following an estimated expansion of 3.4 per cent in 2024. This optimistic forecast comes as reforms begin to demonstrate their potential in stabilizing the country’s macroeconomic environment. Released in the […] The post World Bank forecasts 3.4% economic growth for Nigeria in 2025 appeared first on The Sun Nigeria.

Politics

54 h. ago Morocco’s $10b plan shows Nigeria how to use rail to strengthen a nation’s economy

Morocco’s King Mohammed VI gave the go-ahead on Thursday for a rail expansion plan worth $10.3 billion, a good example read more Morocco’s $10b plan shows Nigeria how to use rail to strengthen a nation’s economy

Politics

56 h. ago ‘Nigeria, other emerging economies face longer period of tighter financing’

By Adewale Sanyaolu with agency reports Nigeria and other emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free assets is very much in focus, the head of South Africa’s central bank has said. The World Bank views Nigeria as an emerging economy, recognizing its significant economic […] The post ‘Nigeria, other emerging economies face longer period of tighter financing’ appeared first on The Sun Nigeria.

Politics

57 h. ago Unsold 92m barrels of crude puts Nigeria’s N19.6trn oil revenue at risk

Nigeria’s oil sector, the lifeblood of its economy, is grappling with a burgeoning crisis as a staggering 92 million barrels read more Unsold 92m barrels of crude puts Nigeria’s N19.6trn oil revenue at risk

Politics

63 h. ago NEC approves textile board, $90bn agribusiness, livestock plan

Shettima: We’re builders of a sustainable future, not crisis managers Byline: Juliana Taiwo-Obalonye, Abuja The National Economic Council (NEC), chaired by Vice President Kashim Shettima, on Thursday, approved the Cotton, Textile, and Garment Development Board and agribusiness and livestock strategies projected to generate $74–$90 billion by 2035, aiming to boost Nigeria’s economy and address insecurity. […] The post NEC approves textile board, $90bn agribusiness, livestock plan appeared first on The Sun Nigeria.

Politics

64 h. ago Steel minister breaks ground for $400m Stellar Steel Plant in Ogun

Byline: Charity Nwakaudu, Abuja Minister of Steel Development Prince Shuaibu Abubakar Audu performed the groundbreaking ceremony for the $400 million Stellar Steel Plant in Ogun State to boost Nigeria’s economy. The plant, developed by Inner Galaxy Group, will span over 100 hectares and produce hot-rolled coils, reducing Nigeria’s $4 billion annual steel import bill, strengthening […] The post Steel minister breaks ground for $400m Stellar Steel Plant in Ogun appeared first on The Sun Nigeria.

Politics

64 h. ago NEC eyes $90bn from establishment of textile devt board, livestock transformation

In a bid to reposition Nigeria’s economy and tackle insecurity from its roots, the National Economic Council (NEC) has approved read more NEC eyes $90bn from establishment of textile devt board, livestock transformation

Politics

64 h. ago CITN backs proposed tax agents in economic stabilisation bill

The Chartered Institute of Taxation of Nigeria (CITN) has endorsed a key provision in the Economic Stabilisation Bill whick seeks read more CITN backs proposed tax agents in economic stabilisation bill

Economics

3 d. ago Renewed Hope For Local Shipowners As Oyetola Directs Disbursement Of $360m Cabotage Fund

Last week, the Minister of Marine and Blue Economy, Adegboyega Oyetola, directed the Nigerian Maritime Administration and Safety Agency (NIMASA), to begin the process for the disbursement of the $360million Cabotage Vessel Financing Fund (CVFF). The CVFF, an intervention fund, was established under the Coastal and Inland Shipping (Cabotage) Act of 2003. While contributions to […]

Politics