Economic

Latest Economic News

IMF Praises Nigeria’s Economic Reforms as Recovery Gains Momentum

Nigeria’s sweeping economic reforms have earned strong commendation from the International Monetary…

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Naira Holds Steady Against Dollar Amid Market Stability – April 15, 2026

The Nigerian Naira maintained relative stability against the US Dollar in early…

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IMF Cuts Nigeria’s 2026 Growth Forecast to 4.1% Amid Global Pressures

The International Monetary Fund has revised Nigeria’s economic growth forecast for 2026…

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Dangote Refinery Targets $5bn IPO in Landmark African Listing

Nigeria’s industrial landscape is on the brink of a historic financial milestone…

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Nigeria, Morocco Move to Seal $25bn Gas Pipeline Deal in 2026

Nigeria and Morocco are advancing plans to formalise one of Africa’s most…

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FG Moves to Fix Power Crisis, Sets Up Committee on Gas Supply Disruptions

The Federal Government has taken a fresh step to address Nigeria’s persistent…

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Cash Outside Banks Drops to ₦5.20trn as Liquidity Pressure Eases

Nigeria’s cash flow dynamics showed signs of stabilisation in February 2026, as…

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DR Congo to Ban Dollar Cash Transactions in Fresh Currency Reform Move

The Central Bank of Congo (BCC) has announced plans to prohibit the…

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CBN Dismisses Polaris Bank Liquidation Rumours, Assures Banking Sector Stability

The Central Bank of Nigeria (CBN) has dismissed widespread rumours suggesting that…

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Poverty Hits 63% in Nigeria Despite Inflation Slowdown – World Bank

Poverty in Nigeria climbed to 63 per cent in 2025 despite a…

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