Tag: Nigeria Economy
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Foreign Participation in Procurement Certification Shows Renewed Global Trust in Nigeria — Shettima
Vice President Kashim Shettima has said that the reforms being implemented by the administration of President Bola Ahmed Tinubu are steadily restoring international confidence...
Nigeria Rakes in N55.5tn from Crude Oil in 2025 Despite Missed Production Targets
Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, buoyed by relatively strong global oil prices despite persistent production shortfalls, an...
Naira Slips Further at Official Market Despite Rise in Nigeria’s Forex Reserves
The Nigerian naira on Thursday extended its decline against the United States dollar at the official foreign exchange market, despite a marginal increase in...
FG to Slash Borrowing, Court Investments as Edun Unveils New Growth Strategy at Davos
The Federal Government has announced plans to significantly reduce its reliance on borrowing while intensifying efforts to mobilise foreign and domestic investments as part...
World Bank Raises Nigeria Growth Outlook to 4.4% for 2026–2027, Fastest Pace in a Decade
The World Bank has projected that Nigeria’s economy will grow by 4.4 per cent in both 2026 and 2027, marking what it described as...
