The Minister of Information and National Orientation, Mohammed Idris, has revealed that Nigeria’s economy is on a gradual path to recovery under the leadership of President Bola Ahmed Tinubu, attributing this to comprehensive reform efforts across multiple sectors. Speaking in Abuja on Wednesday during a courtesy call by members and newly elected officials of the […]
“It never rains roses; if you want more roses, you have to plant more.” After months of strategic adjustments, the Central Bank of Nigeria (CBN) is making significant progress in stabilizing the country’s economy. The exchange rate is showing more consistency, with the disparity between official and parallel market rates narrowing. For the first time […]
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Nigeria’s Finance Minister, Wale Edun, highlights economic recovery measures, including foreign exchange liberalization and infrastructure development, as Senate approves ₦38bn budget. Minister of Finance: Olawale Edun Senate Approves ₦38bn Finance Ministry Budget Nigeria’s economy is showing promising signs of recovery and growth, according to the Minister of Finance and Coordinating Minister of the Economy, Mr. […]
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Explore NACCIMA’s critical analysis of the 2025 budget and its recommendations for reviving Nigeria’s economy. Learn how reforms can empower the private sector and restore economic stability. The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has raised critical concerns about the nation’s economic trajectory in its New Year address. According to […]
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Economist Bismarck Rewane highlights the importance of power sector reforms in achieving Nigeria’s 2025 economic growth targets. Explore insights on inflation, Naira stability, and GDP forecasts. Prominent economist and CEO of Financial Derivatives Company Limited (FDC), Bismarck Rewane, has projected that power sector reforms will be crucial to achieving Nigeria’s 4.6% economic growth target for […]
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The cost of locally grown paddy rice is projected to rise by about 55% during the 2024/2025 season, further intensifying the already high cost of living, according to a new report. The Afex Wet Season Crop Production 2024 report, obtained by Nairametrics, reveals a consistent upward trend in rice prices. It notes that during the […]
