Economy
Nigerian Government to Implement National Single Window, Cut Port Costs by 25 %
The federal government has announced plans to implement the National Single Window (NSW) system to reduce the cost of doing...
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World Bank and IMF Call for Unified Approach to Tackle Inflation in Nigeria
The World Bank and the International Monetary Fund (IMF) have urged the Central Bank of Nigeria (CBN) to stay committed...
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Rising Debt and Limited Financing Threaten Nigeria’s Economic Recovery in 2025 – LCCI
President of the Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa, has warned that Nigeria’s economic recovery in 2025...
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CBN Projects 4.17% GDP Growth in 2025 as Inflation and FX Reforms Take Shape
The Central Bank of Nigeria (CBN) has forecasted a 4.17% economic growth rate for 2025, driven by ongoing reforms and...
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Nigeria, Global Leaders Target $29 Trillion African Economy by 2050
Vice President Kashim Shettima joined global leaders at the 2025 World Economic Forum (WEF) in Davos, Switzerland, to champion the...
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West African Nations Secure $25 Billion for Industrial Growth
Four West African countries—Nigeria, Ghana, Côte d’Ivoire, and Senegal—have attracted landmark investments totaling $25 billion to bolster their industrial capacities. ...
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IMF Warns of Global Disruption from Trump’s Economic Policies
The International Monetary Fund (IMF) has cautioned that economic policies proposed by incoming U.S. President Donald Trump could trigger significant...
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EU Allocates €510 Million Humanitarian Aid to Sub-Saharan Africa
The European Union (EU) has committed €510 million to Nigeria and other Sub-Saharan African nations as part of its €1.9...
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NAICOM Supports Nationwide Enforcement of Third-Party Motor Insurance from February 1
The National Insurance Commission (NAICOM) has endorsed the Nigeria Police Force’s decision to enforce third-party motor insurance policies nationwide starting...
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UN Projects 2.8% Global Economic Growth in 2025
The global economy is projected to grow at a modest 2.8% in 2025, according to the United Nations’ “World Economic...
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