economic growth

CBN Predicts Rate Cut Will Ignite Credit Expansion and Boost Economic Growth
The Central Bank of Nigeria (CBN) has reaffirmed its positive outlook on the nation’s macroeconomic stability, emphasizing that its recent 50 basis point reduction in...

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Politics Today
1 month ago1 month ago

The Central Bank of Nigeria (CBN) has reaffirmed its positive outlook on the nation’s macroeconomic stability, emphasizing that its recent 50 basis point reduction in the Monetary Policy Rate (MPR) is intended to foster economic expansion without compromising the naira’s exchange rate stability. In a discussion on TVC, Dr. Victor Oboh, the apex bank’s Monetary...

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VP Shettima, DBN, SMEDAN, and Entrepreneurs Unite to Drive Dynamic Growth in MSMEs
The federal government has reaffirmed its dedication to elevating Nigeria’s micro, small, and medium enterprises (MSMEs) as the cornerstone of the nation’s economic revitalization. At...

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Politics Today
1 month ago1 month ago

The federal government has reaffirmed its dedication to elevating Nigeria’s micro, small, and medium enterprises (MSMEs) as the cornerstone of the nation’s economic revitalization. At the 6th Annual Lecture of the Development Bank of Nigeria (DBN) held in Abuja on Thursday, Vice President Kashim Shettima, represented by Dr. Tope Fasua, the Special Adviser to the...

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Filmhouse Group Joins Forces with Africa Film Finance Forum 2025 to Ignite Africa’s Creative Economy Growth
At the recent Africa Film Finance Forum (AFFF) held in Lagos this September, Filmhouse Group emerged as a pivotal force in advancing the continent’s cinematic...

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Movies
1 month ago1 month ago

At the recent Africa Film Finance Forum (AFFF) held in Lagos this September, Filmhouse Group emerged as a pivotal force in advancing the continent’s cinematic ambitions. The event, spanning three days from September 16 to 18, convened a diverse assembly of filmmakers, investors, distributors, and cultural influencers to explore innovative solutions for financing, distributing, and...

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NEF Launches Dynamic Investment Summit to Ignite Economic Revival in the North
The Northern Elders Forum (NEF) has emphasized that the North can no longer afford to remain inactive, unveiling a strategic investment and industrialisation summit aimed...

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Politics Today
1 month ago1 month ago

The Northern Elders Forum (NEF) has emphasized that the North can no longer afford to remain inactive, unveiling a strategic investment and industrialisation summit aimed at revitalizing the region’s economy, leveraging its abundant resources, and addressing pressing issues such as insecurity and unemployment. During an interview on Channels Television’s ‘Morning Brief’ on Tuesday, NEF spokesperson...

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US Commits to Taking Bold Action to Boost Argentina’s Economy | Business and Economy
US Treasury Secretary signals potential interventions to stabilise Argentina amid sharp asset selloff. Published On 23 Sep 202523 Sep 2025 Click here to share on...

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International News
1 month ago1 month ago

US Treasury Secretary signals potential interventions to stabilise Argentina amid sharp asset selloff. Published On 23 Sep 202523 Sep 2025 Click here to share on social media share2 Share The administration of US President Donald Trump has expressed readiness to intervene in Argentina’s financial turmoil as the nation faces intense market instability. Scott Bessent, the...

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Nigeria’s Digital Economy Powers 14.4% Surge in GDP Growth for Q2 2025
In the second quarter of 2025, Nigeria’s Digital Economy sector contributed an impressive N7.37 trillion to the nation’s Real Gross Domestic Product (GDP), accounting for...

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Tech
1 month ago1 month ago

In the second quarter of 2025, Nigeria’s Digital Economy sector contributed an impressive N7.37 trillion to the nation’s Real Gross Domestic Product (GDP), accounting for 14.4% of the total N51.20 trillion GDP. This data was disclosed in a recent publication by the National Bureau of Statistics (NBS), which also highlighted a 4.23% growth in the...

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How Your ₦50 Contribution Fuels a Massive ₦796 Billion Boost for the Government
Welcome to Follow the Money, our weekly deep dive into the earnings, business models, and growth tactics of African fintech companies and

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Tech
1 month ago1 month ago

Welcome to Follow the Money, our weekly deep dive into the earnings, business models, and growth tactics of African fintech companies and

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Breaking News: Nigeria’s Economy Surges with 4.32% GDP Growth in Q2 2025!
Recent data from the National Bureau of Statistics reveals that Nigeria’s economy continues to demonstrate robust growth and resilience, with the Gross Domestic Product (GDP)...

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Politics Today
1 month ago1 month ago

Recent data from the National Bureau of Statistics reveals that Nigeria’s economy continues to demonstrate robust growth and resilience, with the Gross Domestic Product (GDP) expanding by 4.23% year-on-year in real terms during the second quarter of 2025. This growth rate surpasses the 3.48% recorded in Q2 2024 and also exceeds the 3.13% growth seen...

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Speaker Abbas: Reps Unite in Strong Support of Tinubu’s Bold Borrowing Strategy to Supercharge Infrastructure and Ignite Economic Growth
The Rt. Hon. Abbas Tajudeen, Speaker of Nigeria’s House of Representatives, has once again expressed the legislature’s unwavering support for President Bola Tinubu’s borrowing strategy....

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Politics Today
1 month ago1 month ago

The Rt. Hon. Abbas Tajudeen, Speaker of Nigeria’s House of Representatives, has once again expressed the legislature’s unwavering support for President Bola Tinubu’s borrowing strategy. He underscored its indispensable function in financing critical infrastructure projects, stimulating economic growth, and protecting vulnerable populations. Speaking at the 8th Annual African Network of Parliamentary Budget Offices (AN-PBO) Conference...

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Afreximbank’s Fund for Export Development in Africa Soars with $40M Profit!
The Fund for Export Development in Africa (FEDA), serving as the impact investment division of the African Export-Import Bank (Afreximbank), concluded 2024 with a net...

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Politics Today
1 month ago1 month ago

The Fund for Export Development in Africa (FEDA), serving as the impact investment division of the African Export-Import Bank (Afreximbank), concluded 2024 with a net profit of $40.3 million. This figure represents a remarkable 72% increase compared to the $23.4 million recorded in 2023, as detailed in its 2024 annual report. This unprecedented profitability highlights...

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