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News
When Better Numbers Meet Emptier Pockets – THISDAYLIVE
1+ hour, 35+ min ago (905+ words) The President Bola Tinubu administration has stronger reserves, slower inflation, improved revenues and a more orderly foreign exchange market to show for three years of painful reforms. Yet, for millions of Nigerians whose incomes have been overwhelmed by food, fuel…...
Senator Ida Calls for 10-year Tourism Transformation Roadmap
1+ day, 9+ hour ago (484+ words) Ida, who made the call at the ninth edition of Nigeria Tourism Investors Forum and Exposition (NTIFE) 2026 and the 29th Annual General Meeting (AGM) 2026 of the Federation of Tourism Associations of Nigeria (FTAN) held in Abuja, said ‘‘It is direct, it…...
PWC: Nigeria???s H2 Growth to Hit 4.2% Buoyed By Stronger Oil Output
2+ day, 6+ hour ago (865+ words) • Warns high food, energy costs may weaken reform gains •Says growth hinges on turning reforms into jobs, investment Global professional services firm, PwC, has predicted that Nigeria’s economic growth is will reach 4.2 per cent in the second half of 2026, driven…...
Agric Funding Hits N3.8trn as Nigeria Battles Production, Import Gaps
5+ day, 7+ hour ago (464+ words) Fidelis David in Akure Despite a sharp rise in financing to Nigeria’s agricultural sector, the country is yet to fully translate the growing capital inflow into increased productive capacity, a new report by Regius Capital Limited has revealed. The report…...
Inflation Moderates to 15.43% Despite Surge in Food Prices
5+ day, 7+ hour ago (680+ words) • Severe in Adamawa, Yobe, Anambra, others James Emejo and Deborah Adekoya in Abuja The Consumer Price Index (CPI), which measures the rate of change in prices of goods and services, moderated further to 15.43 per cent in July, compared with 15.91 per…...
Banks Redirect Credit Flow as Agriculture Accounts for N3.86tn, Oil and Gas Exposure Declines By N335bn
1+ week, 6+ hour ago (488+ words) Nigerian banks are steadily redirecting credit towards agriculture and other emerging areas of the economy, with lending to the agricultural sector rising to N3.86 trillion in March 2026. Conversely, exposure to the traditionally dominant oil and gas industry declined by about N335 billion…...
Beyond Pain: How Nigeria???s Reforms Are Rebuilding the Economy
1+ week, 1+ day ago (1245+ words) For millions of Nigerians, the past three years have been a period of difficult economic adjustment. The removal of petrol subsidy, changes in the foreign exchange market, tighter monetary conditions and other structural reforms came with higher costs and significant…...
Globacom at 23: The Indigenous Imagination That Rewired Nigeria???s Digital Destiny
1+ week, 1+ day ago (223+ words) That conviction was evident from the outset. Globacom’s introduction of per-second billing reshaped both the economics and psychology of mobile communication in Nigeria, challenging long-standing assumptions about consumer pricing. In a market where the cost of communication had previously constrained…...
NESG: Agriculture, Manufacturing, Others Record Stronger Business Expansion in July
1+ week, 2+ day ago (433+ words) The Business Confidence Monitor (BCM) of the Nigerian Economic Society Group has reported expansionary business activities in agriculture, manufacturing, Trade, Services and the non-manufacturing industries in July. The BCM said that Nigeria’s business environment recorded stronger expansion in July 2026 as…...
Tegbe: Nigeria-China Trade Reached $18bn in H1 2026
1+ week, 2+ day ago (459+ words) • China records 80% rise in Nigerian exports, 35% growth in bilateral trade Nigeria-China trade reached $18 billion in the first half of 2026, equivalent to about 64 per cent of the $28 billion recorded throughout 2025, the Minister of Power, Joseph Tegbe, has said. This is as…...