Nigeria’s Capital Importation Surges 257% to $2.82bn
Nigeria’s capital importation jumped 256.9 per cent year-on-year to $2.82 billion in April 2026, up from $0.79 billion a year earlier, according to the Central Bank of Nigeria. The increase…
NESG Appoints Dr Nonny Ugboma to Drive Policy Reforms
The Nigerian Economic Summit Group (NESG) has appointed Dr Nonny Patricia Ugboma as its new Executive Director, Policy and Programmes and Chief Summit Officer, reinforcing its commitment to advancing economic…
Tinubu’s Transformation: Dare Hits Back at Catholic Bishops Over Nigeria’s Crisis
Tinubu’s Transformation has triggered a fresh clash between the presidency and Catholic leaders after presidential media adviser Sunday Dare rejected claims that President Bola Tinubu’s reforms amount to failure. Dare…
Stakeholders Applaud Oyedele’s Economic Leadership
Stakeholders across Nigeria’s financial sector, business community and investment space have praised Minister of Finance Taiwo Oyedele for restoring confidence in the Federal Ministry of Finance, saying his leadership has…
CBN Holds Interest Rate at 26.5 Per Cent
The Central Bank of Nigeria (CBN) has decided to keep the Monetary Policy Rate (MPR) at 26.5 per cent after the 306th Monetary Policy Committee (MPC) meeting held in Abuja…
Expert Warns Against Nigeria’s Inconsistent Fish Import Policy
A fisheries expert has warned that Nigeria’s fish import policy is weakening local aquaculture, limiting job creation, and undermining the country’s efforts to achieve food security and reduce pressure on…
FG Rejects Claims of ₦80tn New Debt
The Federal Government has dismissed claims that the Tinubu administration borrowed ₦80 trillion within the last three years, describing the figure as misleading and based on accounting adjustments rather than…
FG Launches $3.5bn Social Investment Drive
The Federal Government has unveiled a $3.5 billion social investment package, backed by the World Bank, to reduce poverty, strengthen human capital, and promote inclusive economic growth across Nigeria. The…
Video: Rufai Oseni Laments Nigeria’s Rising Debt Burden
Popular television host Rufai Oseni became emotional on Friday as he spoke about the condition of Nigeria’s economy, expressing deep concern over the country’s growing dependence on borrowing. During the…
Kogi, Niger and Benue Lead Nigeria’s Food Inflation Surge
Food prices remained under heavy pressure across Nigeria in June 2026, with Kogi, Niger and Benue recording the highest year-on-year increases, according to the latest Consumer Price Index (CPI) report…
