Economy Archives

President Bola Tinubu speaking at an economic event in Abuja.

Business News

Nigeria Aims for $1 Trillion Economy by 2030, Says President Tinubu

President Bola Tinubu announces Nigeria’s economic goals and reforms during a recent event.

President Bola Ahmed Tinubu speaking at a public event.

News Politics

Tinubu Describes Nigeria’s Economy as Troubled Since He Took Office

President Bola Ahmed Tinubu highlights economic challenges and reforms since 2023.

Business News

President Tinubu Says Nigeria’s Economy is Recovering After Reforms

President Bola Tinubu believes Nigeria’s economy is improving thanks to recent reforms.

Former Minister Sunday Dare speaking about economic reforms and security.

News Politics

Economic Reforms Essential for National Security, Says Former Minister Sunday Dare

Sunday Dare emphasizes the importance of economic reforms in addressing insecurity in Nigeria.

President Bola Tinubu addressing the House of Representatives.

News Politics

President Tinubu Seeks Approval for N10.8 Trillion External Loan for Infrastructure Projects

President Bola Tinubu has requested the House of Representatives to approve a significant external loan aimed at funding infrastructure projects in Nigeria.

European Central Bank headquarters in Frankfurt, Germany.

Business News

EU Aims to Select New European Central Bank Chief by December

The European Union plans to name a successor to Christine Lagarde by the end of the year.

Abdulaziz Yari speaking at a campaign rally

News Politics

Yari Claims Hardworking Nigerians Can Find Food Amid Economic Challenges

Abdulaziz Yari asserts that only lazy Nigerians struggle to find food during a campaign rally.

Oyo State Governor Seyi Makinde speaking at a campaign event.

News Politics

Oyo Governor Criticizes Tinubu Administration for Economic Hardship in Nigeria

Seyi Makinde blames poor planning by President Tinubu’s government for worsening economic conditions.

Abdulaziz Yari speaking at an APC rally.

News Politics

APC Leader Says Hardworking Nigerians Should Have Food Amid Rising Hunger

Abdulaziz Yari claims that availability of food means diligent Nigerians can feed themselves.

Minister Hannatu Musawa speaking at the African Fashion Industry Growth Charter event.

Business News

Minister Calls for Unified Efforts to Enhance Africa’s Textile Industry

Hannatu Musawa urges African nations to collaborate on boosting textile production and standards.

British High Commissioner Pete Vowles at the reception celebrating UK-Nigeria relations.

Business News

Nigeria and UK Boost Trade to £7.3 Billion, Celebrating Strong Ties

The British High Commission highlights growing economic connections between Nigeria and the UK.

Taiwo Oyedele speaking at the University of Uyo convocation.

Business News

Minister Warns Nigeria Against Overreliance on Foreign Data Infrastructure

Taiwo Oyedele emphasizes the need for Nigeria to develop its own digital capabilities.

News Politics

Opposition Party Criticizes Osun’s Low Fiscal Ranking in New Report

The Democratic Leadership Alliance expresses concern over Osun State’s poor financial performance.

News

Developing Countries Face Record $9.4 Trillion in External Debt, Says World Bank

The World Bank reports that external debt for developing nations reached a record high in 2025, raising concerns about financial pressures.

Graph showing rising debt levels in developing countries.

Business News

Developing Countries’ Debt Reaches Record $9.4 Trillion in 2025, Says World Bank

The World Bank reports that developing countries’ external debt has surged to $9.4 trillion, driven by private financing.

Minister Adegboyega Oyetola addressing the IMO Council meeting.

Business News

Nigeria Seeks Global Investment to Boost Maritime Economy

The Nigerian government is looking for international support to enhance its shipping industry.

Canadian Prime Minister Mark Carney presenting the budget in parliament.

Business News

Canada’s New Budget Aims to Reduce Dependence on US Trade

Prime Minister Mark Carney’s government introduces a budget focused on diversifying trade relationships.

Dr. Tunde Popoola speaking at a conference about AI and its economic impact on Africa.

Business News

Artificial Intelligence Could Boost Africa’s Economy by Up to $103 Billion Annually

Experts urge African nations to adopt AI responsibly to unlock its economic potential.

Manufacturers discussing strategies for boosting local production in Nigeria.

Business News

Manufacturers Urge Nigeria to Boost Local Production and Reduce Imports

Manufacturers call for coordinated efforts to enhance domestic manufacturing in Nigeria.

Former Vice President Atiku Abubakar speaking at a press conference.

News Politics

Atiku Abubakar Criticizes Tinubu Over New $7.7 Billion Loan Request

Former Vice President Atiku Abubakar warns against adding to Nigeria’s debt without clear plans.