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News
CBN’s PAPSS may open a new chapter for Nigeria’s economy
6+ hour, 36+ min ago (889+ words) Nigerian NewsDirect CBN’s PAPSS may open a new chapter for Nigeria’s economy Every thriving economy has an invisible heartbeat. It is not found in towering skyscrapers, oil wells, glittering markets or busy seaports. It is found in the ease with…...
CBN likely to retain interest rates, as food inflation remains elevated — Teriba
4+ day, 53+ min ago (328+ words) The Chief Executive Officer of Economic Associates, Dr. Ayo Teriba, has said the Central Bank of Nigeria is unlikely to reduce interest rates at its next Monetary Policy Committee (MPC) meeting despite the slight decline in the country’s headline inflation....
BOI appoints Kuramo Capital to manage $170m DICE Fund of Funds
2+ week, 5+ day ago (332+ words) The Federal Government of Nigeria has taken a historic step in its commitment to the nation’s technology and creative economy, appointing Kuramo Capital Management as Fund Manager of the DICE Fund of Funds under the Investment in Digital and Creative…...
Oyedele defends government borrowing, calls for smarter use of capital to drive growth
3+ week, 8+ hour ago (583+ words) The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has defended government borrowing, arguing that public debates on debt often miss the most important question: what the borrowed funds are being used for and whether they generate…...
Kwara reaffirms commitment to sustainable reforms for economic growth
3+ week, 2+ day ago (437+ words) The Kwara State Government has reaffirmed its commitment to implementing sustainable reforms that promote economic growth, attract investments, and enhance the ease of doing business across the state. This was disclosed by the State Commissioner for Finance and Chairman of…...
Inflation declines by 0.39% in May
1+ mon, 6+ day ago (623+ words) Nigeria’s inflation rate has declined by 0.39% in the month of May 2026 according to recent statistics released by the National Bureau of Statistics (NBS). A statement by the Statistician-General of the Federation, Prince Adeyemi Adeniran, showed that year-on-year headline inflationreached 15.93 per…...
We have created 320,000 jobs, supported 20,000 businesses with N15bn – Lagos State Government
1+ mon, 6+ day ago (32+ words) Nigerian NewsDirect We have created 320,000 jobs, supported 20,000 businesses with N15bn – Lagos State Government...
Democracy day: CPPE laments stagnacy of manufacturing sector
1+ mon, 1+ week ago (557+ words) Nigeria’s manufacturing sector has remained largely stagnant, consistently contributing between 9% and 10% to the nation’s Gross Dependent Product (GDP) over the past 26 years despite multiple rounds of policy reforms and industrialization initiatives. This assessment was contained in a comprehensive economic report…...
Nigeria poised to emerge as Africa’s leading innovation, investment hub by 2050 — Shettima
1+ mon, 1+ week ago (1093+ words) …hails Lagos as model for subnational growth Nigeria is postioned to emerge as Africa’s leading production, logistics, innovation and investment hub by 2050, Nigeria’s Vice President, Senator Kashim Shettima has revealed. Speaking during the Invest Lagos 3.0 summit in Lagos, Shettima said…...
Lagos emerges Nigeria’s best performing state
1+ mon, 2+ week ago (502+ words) Lagos State has emerged Nigeria’s best-performing sub-national in the 2025 State Performance Index (pSPI), leading other states by wide margins across all sectors. In a latest ranking released by Phillips Consulting Limited, Nigeria’s leading business and management consulting firm, Lagos is…...