News
GDP Growth Eases To 3. 89% Despite Services, Agric Rebound
2+ hour, 41+ min ago (654+ words) LAGOS " Nigeria's economy expanded by 3. 89 percent year-on-year in the first quarter of 2026, but the pace of growth slowed slightly from the 4. 07 percent recorded in the preceding quarter, reflecting per'sistent structural challenges in the oil sector and broader mac'roeconomic pressures. The…...
Cardoso Reaffirms Commitment To Orthodox Monetary Policy, Transparency
3+ hour, 25+ min ago (329+ words) ABUJA "The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reaffirmed the Bank's commitment to orthodox monetary policy, transparency, and evidence-based decision-making, describing the ongoing reforms as critical to restoring confidence in the Nigerian economy and…...
SON Fast- Tracking Economic Growth Through Metrology " Independent Newspaper Nigeria
4+ day, 5+ hour ago (277+ words) LAGOS" "The Standards Organisation of Nigeria (SON), has reaffirmed its commitment to using accurate and reliable measurement systems to support Nigeria's economic and industrial growth." Dr. Ifeanyi Okeke, the Director-General of SON, who made the disclosure at a press conference…...
Inuwa Reaffirms Support For Stronger Quality Infrastructure To Drive Nigeria's Industrial Growth
4+ day, 14+ hour ago (264+ words) Hon. Yahuza Ado Inuwa, Chairman, Standards Council, Standards Organisation of Nigeria(SON), has reaffirmed the commitment of the Council to strengthening Nigeria's quality infrastructure as Nigeria marked the 2026 World Metrology Day under the theme "Metrology: Building Trust in Policy Making....
Import Surge, Weak Tariff Erode Domestic Pricing Power
1+ week, 2+ hour ago (64+ words) LAGOS - Nigeria's oil palm industry, long consid'ered one of the country's most promising agribusiness sectors, is facing an unex'pected challenge as a surge in imports and weakening tariff protection erode domestic pricing power. Analysts at Coronation Research say the situation…...
$1, 551trn Headwinds Challenged Global Telecom Services In 2025
1+ week, 1+ day ago (293+ words) LAGOS "Worldwide spending on Telecom Services and Pay TV Services reached $1, 551-trillion in 2025, expanding by 2% year-over-year, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects that the worldwide spending on Telecom and Pay TV services will…...
Analysts Warn CBN Rate Hikes Risk Choking Investment, Productivity Growth " Independent Newspaper Nigeria
1+ week, 1+ day ago (510+ words) LAGOS "Analysts warned that with inflation risks still tilted upward due to high energy prices and supply disruptions, further Central Bank of Nigeria tightening could slow private sector expansion and weigh on investment and productivity growth. According to the National…...
MPC: Analysts Split Over Rising Inflation, Weakening Growth
1+ week, 1+ day ago (1107+ words) LAGOS " The upcoming meeting of the Monetary Policy Committee (MPC) of the Central Bank of Ni'geria (CBN) scheduled for May 19"20, 2026, is shaping up to be one of the most closely watched policy decisions this year as economists and financial market…...
Nigeria's Inflation Rate Rises To 15. 38% In March 2026
1+ mon, 1+ week ago (449+ words) Nigeria's headline inflation rate went up to 15. 38% in March 2026, reflecting an increase from the 15. 06% recorded in February, the latest report from the National Bureau of Statistics (NBS) has said. Statistician General of the NBS, Prince Adeyemi Adeniran, in a statement…...
Nigeria Stabilising, But Human Capital Investment Still Critical
1+ mon, 2+ week ago (1083+ words) World Bank Says Jobs Key To Unlocking Inclusive Growth Projects Nigeria's GDP Around 4. 2% Between 2026, 2028 Wants Oil Windfalls Used To Rebuild Fiscal Buffers To Provide Targeted Support To Vulnerable Households LAGOS " Nigeria's gradual return to macroeconomic stability is beginning to take…...