Nigeria’s Gross Domestic Product (GDP) growth rate has dropped to 3.84% in the first quarter of 2026, a worrying decline that signals mounting pressure on […]
Tag: Nigerian economy
Tinubu Laying “Foundations for Long-Term Growth,” Urges Positive Narratives
Abuja, Nigeria – The Minister of Information and National Orientation, Mohammed Idris, has stated that President Bola Tinubu’s administration is laying a “strong foundation for […]
Tax Reforms to Drive Sustainable Growth, Not Political Vendetta
ABUJA – The Executive Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, has clarified that the recently enacted tax reforms are intended to […]
NRC Targets Four-Fold Freight Growth, Says Rail Revival Will Reshape Nigeria’s Economy
ABUJA — The Nigerian Railway Corporation (NRC) is targeting a four-fold increase in rail freight movement in 2026 as it revives key transport corridors to […]
Shettima Declares Era of Economic Volatility Over, Unveils Digital Growth Plan
Vice President Kashim Shettima announced on Tuesday that the Tinubu administration has successfully ended the “regimes of volatility and unpredictability” that once defined Nigeria’s economy. […]
Dangote Refinery Cuts Petrol Price To ₦828 Per Litre
LAGOS – Dangote Petroleum Refinery has reduced the gantry price of petrol to ₦828 per litre, representing a 5.6% decrease from the previous ₦877 per […]
Naira Appreciates Across Forex Markets, Closing Week Stronger
The Nigerian Naira closed the week on a positive note, appreciating against the US dollar in both the parallel and official foreign exchange markets on […]
Abia APC Chieftain Kanu Backs Tinubu’s New Security Strategy
Abuja– Hon. Chinedum Kanu, a prominent chieftain of the All Progressives Congress (APC) in Abia State, has publicly hailed President Bola Tinubu’s new security team, […]
Oshiomhole Seeks Revival of Textile Industry
KADUNA – Former Edo State Governor, Senator Adams Oshiomhole, has called for the urgent revival of Nigeria’s textile industry, describing it as a sleeping giant […]
Nigeria Still Relies on Fuel Imports as Dangote Refinery Ramps Up
Nigeria imported 15 billion litres of petrol between August 2024 and October 2025, according to official data, highlighting the country’s continued dependence on foreign fuel […]