28 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

37 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

40 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

48 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

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66 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

2 d. 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

2 d. 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

3 d. 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

3 d. 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

3 d. 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.

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3 d. 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

3 d. 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

3 d. 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

3 d. 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

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

4 d. ago Origin Tech harps on technology, innovation to grow Nigeria’s economy

Amid a season defined by reflection, renewed purpose, and the promise of fresh beginnings, Origin Tech Group is stepping confidently into a new chapter of national development and transformation. Speaking with conviction and optimism, Prince SJ Samuel, Executive Chairman of the Group, drew inspiration from the recent Easter celebrations to highlight the enduring values of […] The post Origin Tech harps on technology, innovation to grow Nigeria’s economy appeared first on The Sun Nigeria.

Politics

4 d. ago Experts identify rail network as panacea for 24 hours port service

By Fidelis Ugbomeh   In aspiration to leverage on advantage of being a maritime nation, some experts in marine and blue economy have reasoned that Nigeria should jettison fragmented port operations for 24 hours port and logistics service. They posited that Nigeria may not be able to reap from full potentials of establishing major/minor seaports […] The post Experts identify rail network as panacea for 24 hours port service appeared first on The Sun Nigeria.

Politics

4 d. ago Nigeria targets 7% growth, eyes investment surge amidst economic reforms

Wale Edun declared at the IMF headquarters investor presentation that govt is laying a robust foundation to attract substantial investments. read more Nigeria targets 7% growth, eyes investment surge amidst economic reforms

Politics

4 d. ago April 2025 TalkExchange Poll: Is Nigeria’s electricity tariff hike, subsidy cut helping economy or hurting citizens?

The Nigerian government’s decision to reduce electricity subsidies by 35% and increase tariffs for high-usage consumers has sparked nationwide debate. read more April 2025 TalkExchange Poll: Is Nigeria’s electricity tariff hike, subsidy cut helping economy or hurting citizens?

Politics

5 d. ago Is mental health recognised in businesses, families and social lives?

It is safe to say Nigeria’s economy has undergone transformations in recent times, characterised by overambitious reforms aimed at stabilising read more Is mental health recognised in businesses, families and social lives?

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