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News
Experts: Moody’s outlook boosts Nigeria economic recovery
1+ week, 6+ day ago (617+ words) 2026, from $31.2bn a year earlier. According to the agency, the stronger external position, together with...cent in 2025. The figure was stronger than the agency’s previous expectation that medium-term economic...July 2026, from 25.3 per cent a year earlier. The agency attributed part…...
FG spent N9.39tn on wage hike, allowances in 31 months — Oyedele
3+ week, 4+ day ago (389+ words) The Federal Government spent N9.39tn on minimum wage increases, salary adjustments and other allowances for public workers between June 2023 and December 2025, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said. The amount was higher than the…...
Nigeria moves to strengthen financial management in public sector
6+ day, 5+ hour ago (372+ words) The Executive Secretary of ACBF, Mamadou Biteye. Nigeria has joined efforts to strengthen public sector leadership and public financial management across Africa through a leadership development programme for senior officials involved in financial management reforms. The initiative, implemented by the…...
FULL LIST: Nigeria, other African countries dominate world’s 60 poorest by GDP-PPP per capita
2+ week, 5+ day ago (420+ words) Nigeria and several other African countries feature prominently among the world’s 60 poorest countries in a 2026 ranking by Global Finance magazine, based on GDP per capita at purchasing power parity. Burundi ranked as the country with the lowest GDP per capita…...
Moody’s changes Nigeria’s outlook to positive, affirms B3 rating
2+ week, 1+ day ago (599+ words) currency issuer ratings. Positive outlook, the agency said, reflected improvements in Nigeria’s external...published on its website on Friday. According to the agency, the improvements were driven by sizeable current...to help investors gauge the risk of default. The agency…...
Moody’s positive outlook validates Tinubu’s reforms - FG
2+ week, 21+ hour ago (546+ words) the latest assessment by the international rating agency reflected the impact of reforms undertaken by the...local currency issuer ratings at B3. The rating agency attributed the improved outlook to Nigeria’s stronger...
Glo marks 23 as data reshapes telecoms competition
2+ week, 4+ day ago (572+ words) Nigerian telco Globacom is marking its 23rd anniversary at a time when the industry is being reshaped by rising demand for mobile internet, forcing operators to compete increasingly on data capacity, network quality and digital services rather than voice connectivity alone....
JUST IN: Nigeria’s headline inflation falls to 15.43% in July
3+ week, 6+ day ago (475+ words) figure was contained in the Consumer Price Index report released by the National Bureau of Statistics on...measured the pace of those price increases. The report stated, “The Consumer Price Index (CPI) increased...
PwC forecasts 4.2% economic growth in H2
3+ week, 2+ day ago (733+ words) PricewaterhouseCoopers has projected that Nigeria’s economy will grow by 4.2 per cent in the second half of 2026, driven by stronger crude oil production and improved performance across key sectors. PwC, in its Strategy& H2 2026 Nigeria Economic Outlook obtained by The PUNCH, said…...
OPS questions impact of N15.8tn subsidy savings
3+ week, 2+ day ago (813+ words) in power, transport and ports. Almona said the report raised four major concerns, including the fact...