Business
Nigeria’s GDP Resilient Amid Triple Shocks
Nigeria’s GDP grew by 3.46% in Q3 2024, led by services, finance, and telecommunications sectors.
27 January 2025
Economy
Business
NESG Outlines Economic Reforms to Boost Nigeria’s Growth in 2025
NESG projects Nigeria’s economy to grow by 5.5% in 2025 with sustained reforms. Key focus: curbing inflation, stabilizing FX rates
25 January 2025
Business
Manufacturing, Telecoms, Mining Are Leading VAT Revenues For Nigeria – NBS
Nigeria’s VAT revenue rose by 14% in Q3 2024, reaching N1.8 trillion. Manufacturing, ICT, and mining sectors led the contributions
22 January 2025
Breaking News
Nigeria’s Inflation Hits 34.80% in December 2024 Amid Festive Season Demands
Nigeria’s inflation rate climbed to 34.80% in December 2024, up from 34.60% in November, driven by increased festive season demand
15 January 2025
Business
CBN Fines Banks ₦150 Million Each Over Cash Shortages
Central Bank of Nigeria (CBN) has fined nine banks ₦150 million each for failing to ensure seamless Naira availability via ATMs during the festive season
15 January 2025
Breaking News
FG Targets ₦36.35 Trillion Revenue for 2025 Fiscal Year – Budget Minister
FG targets ₦36.35 trillion revenue for 2025, leveraging fuel subsidy removal, naira floating, and strengthened revenue agencies to fund the budget.
14 January 2025
Business
NESG and NBS Collaborate on Sensitisation Workshop for Nigeria’s GDP and CPI Rebasing
NESG and NBS host a pivotal workshop on GDP and CPI rebasing, emphasizing accurate data for economic growth
11 January 2025
Politics
Northern Groups Reject Tax Reform Bills, Citing Economic and Regional Concerns
Coalition of Northern Groups and civil society organizations reject President Tinubu’s tax reform bills, warning of economic hardship
10 January 2025
Breaking News
Nigeria’s Inflation Rate Projected to Fall to 27.1% by December 2025
Nigeria’s inflation rate is forecast to decline to 27.1% by December 2025, signaling positive impacts of reforms. Economic growth is projected at 3.5%
10 January 2025
Business
2025 Budget Will Deliver Sufficient Economic Stimulus – CEO FirstBank
FirstBank Group CEO, Olusegun Alebiosu expresses confidence that the 2025 budget will offer stimulation to the Nigerian economy
9 January 2025
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