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News
$1tn economy: Between ambition and arithmetic
1+ week, 2+ hour ago (1299+ words) FILE: President Bola Tinubu THERE is nothing wrong with dreaming big. Indeed, Nigeria urgently needs an economic ambition large enough to force the country out of the low-productivity trap that has kept millions in poverty despite its enormous human and…...
Drivers of economic transformation (1)
1+ week, 2+ hour ago (109+ words) Hon Oyetunde Oladimeji Ojo (Managing Director/Chief Executive of FHA Across power, housing, public assets, cancer care, science and engineering, pensions and investment, this special project examines seven institutions working in areas central to Nigeria’s economic transformation and the responsibilities…...
Youth Investment Key to Nigeria's Economic Growth, Says Abbe
1+ mon, 2+ week ago (230+ words) The Managing Director and Chief Executive Officer of Abbey Bank Plc, Mobolaji Adewumi, has declared that true wealth creation begins with investing in young minds, urging graduating cadets to translate their training into national economic impact. Adewumi made the statement…...
IMF projects Nigeria’s economy to grow 4.1% in 2026
2+ mon, 5+ day ago (673+ words) The International Monetary Fund has projected that Nigeria’s economy will expand by 4.1 per cent in 2026 and accelerate to 4.3 per cent in 2027, even as global economic growth is expected to slow to 3.0 per cent next year amid the combined effects of…...
Ex-Ogun HoS urges diaspora investment in economy
2+ mon, 2+ week ago (853+ words) The immediate past Head of Service of Ogun State, Mr Kehinde Onasanya, has called on indigenes of the state in the diaspora to take advantage of the state’s investment opportunities, saying Ogun has emerged as one of Nigeria’s most attractive…...
South Korea commits $12m to Nigeria’s MSME skills devt
2+ mon, 2+ week ago (885+ words) The Small and Medium Enterprises Development Agency of Nigeria has secured a $12m commitment from the South Korean Government to establish a Skills Acquisition Centre in Abuja as part of efforts to deepen entrepreneurship, tackle unemployment, and strengthen Nigeria’s small business…...
Economists cite reform impact as Nigeria’s revenue hits N15.8tn
2+ mon, 3+ week ago (593+ words) Economists have attributed Nigeria’s strong revenue performance in the first five months of 2026 to the impact of recent tax reforms, improved revenue administration and stronger earnings from the oil sector, following government collections of N15.8tn during the period. According to data…...
Tinubu reforms boost revenue, cut oil dependence — Group
2+ mon, 3+ week ago (745+ words) Nigeria has recorded sharp increases in tax collections, oil remittances, mining receipts and foreign reserves following fiscal and structural reforms introduced under President Bola Tinubu’s administration, convener of the Bola Ahmed Tinubu Ideological Group, Bamidele Atoyebi, has said. Atoyebi said…...
Lagos stakes claim as Africa’s gateway for global investment
3+ mon, 4+ day ago (660+ words) Vice President Kashim Shettima. Credit: X | Kashim Shettima. Lagos on Monday intensified its campaign to position itself as Africa’s premier destination for global capital, with President Bola Tinubu declaring the state an emerging gateway to international wealth, investment and enterprise....
Policy implementation hindering Nigeria’s industrial growth – BATN
3+ mon, 5+ day ago (297+ words) BAT Nigeria has called for stronger and more effective implementation of existing industrial policies, arguing that Nigeria’s manufacturing challenges stem less from the absence of policy frameworks and more from weak execution that continues to limit investment, productivity, and overall…...