Nigeria economy

Tinubu Urges Accountants to Champion Transparency in Pursuit of $1 Trillion Economy Goal
President Bola Ahmed Tinubu has called on accountants nationwide to take a proactive stance in fostering transparency, accountability, and sustainable financial management as Nigeria strives...

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Politics Today
4 weeks ago4 weeks ago

President Bola Ahmed Tinubu has called on accountants nationwide to take a proactive stance in fostering transparency, accountability, and sustainable financial management as Nigeria strives to achieve a $1 trillion economy by 2030. Addressing the 55th Annual Accountants Conference of the Institute of Chartered Accountants of Nigeria (ICAN) in Abuja on Tuesday, the President emphasized...

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Here’s a more engaging version of the article title: “Saving Nigeria’s Economy: Proven Strategies to Halt the Exodus of Multinational Manufacturers
Industry stakeholders have urgently called for decisive action to halt the departure of multinational corporations from Nigeria, underscoring the necessity for a robust industrial policy...

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Politics Today
1 month ago1 month ago

Industry stakeholders have urgently called for decisive action to halt the departure of multinational corporations from Nigeria, underscoring the necessity for a robust industrial policy that drives sector-specific growth, encourages private sector investment, and promotes collaboration across industries. In discussions with LEADERSHIP Sunday, manufacturers emphasized the critical need to attract consistent Foreign Direct Investment (FDI)...

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Nigeria Shells Out $2.86 Billion on External Debt in Just Eight Months – Monthly Breakdown Inside!
Between January and August 2025, Nigeria allocated $2.86 billion towards servicing its external debt, as reported by the Central Bank of Nigeria (CBN) through international...

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Politics Today
1 month ago1 month ago

Between January and August 2025, Nigeria allocated $2.86 billion towards servicing its external debt, as reported by the Central Bank of Nigeria (CBN) through international payment statistics released on Wednesday. This amount accounts for 69.1% of the nation’s total foreign payments, which stood at $4.14 billion during the same timeframe. When compared to the corresponding...

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Nigerian Govt Holds Crucial Talks with Dangote on PENGASSAN Issues, Promises Uninterrupted Petrol Supply
Following a recent dialogue between the Steering Committee overseeing the Domestic Crude Oil and Refined Products Sales in Local Currency Initiative and Dangote Refinery, the...

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Entertainment
1 month ago1 month ago

Following a recent dialogue between the Steering Committee overseeing the Domestic Crude Oil and Refined Products Sales in Local Currency Initiative and Dangote Refinery, the Nigerian government has guaranteed an uninterrupted flow of refined petroleum products nationwide. According to a statement released on Sunday by Mohammed Manga, Director of Information and Public Relations at the...

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FIRS Boss Adedeji Defends Nigerian Government’s Borrowing Amid Revenue Boom
Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), has articulated a robust defense of the Nigerian Federal Government’s ongoing borrowing strategy,...

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Politics Today
1 month ago1 month ago

Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), has articulated a robust defense of the Nigerian Federal Government’s ongoing borrowing strategy, framing it as an essential and deliberate element of the nation’s economic policy rather than a sign of fiscal weakness. During a press briefing held at the State House on...

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CBN Guarantees Ample Banknotes Ahead of the Festive Yuletide Season
The Central Bank of Nigeria (CBN) has reassured the public that there will be an ample supply of banknotes to accommodate the anticipated increase in...

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Politics Today
1 month ago1 month ago

The Central Bank of Nigeria (CBN) has reassured the public that there will be an ample supply of banknotes to accommodate the anticipated increase in cash demand during the upcoming festive season. This commitment was made during the launch of a nationwide awareness campaign focused on the proper handling of naira notes, an initiative spearheaded...

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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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Nigeria’s E-commerce Market Set to Soar Beyond $16bn by 2030 Driven by Digital Revolution
Nigeria’s e-commerce sector is on track to surpass $16 billion by 2030, driven by innovative platforms such as Jumia and Konga amid accelerating digital transformation....

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Politics Today
2 months ago2 months ago

Nigeria’s e-commerce sector is on track to surpass $16 billion by 2030, driven by innovative platforms such as Jumia and Konga amid accelerating digital transformation. At the 35th annual conference of the Finance Correspondents Association of Nigeria (FICAN) held in Lagos, Professor Olayinka David-West, Dean of Lagos Business School (LBS), highlighted the urgent need for...

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