Tag: Nigeria economy

FCT Residents Struggle to Afford Food Despite Drop in Prices

  Despite a recent decline in food inflation across Nigeria, many residents…

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MREIF Is Making Nigeria’s Housing Market Investable, Says ARM’s Odutola

Wale Odutola, Chief Executive Officer of ARM Holdings, says the Ministry of…

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Nigeria Becomes Third-Largest Recipient of U.S. Foreign Aid in Sub-Saharan Africa

Nigeria has been ranked as the third-largest recipient of United States foreign…

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Lekki Deep Sea Port to Generate $360bn, Create 170,000 Jobs – MD

The Lekki Deep Sea Port is projected to contribute $360 billion to…

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Nigeria’s Foreign Reserves Grow by $540m in Two Weeks, Hit $43.17bn

Nigeria’s external reserves have recorded a notable increase of $540.28 million in…

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Nigeria in Talks for New $1 Billion World Bank Loan to Spur Jobs, Investment Growth

Nigeria has opened discussions with the World Bank for a new $1…

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Peter Obi Urges FG to Expand Port Development Beyond Lagos

Peter Obi, former governor and presidential candidate, has urged the Federal Government…

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IMF Warns Nigeria on Rising Debt, Oil Risks Despite Reform Gains

At the 2025 IMF World Bank meetings, Nigeria earned praise for its…

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Obi Urges Decentralization of Nigeria’s Seaports for Economic Growth

Labour Party presidential candidate in the 2023 election, Peter Obi, has called…

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JUST IN: Nigeria Exits FATF Grey List, Boosting Investor Confidence and Financial Credibility

The Financial Action Task Force (FATF) has removed Nigeria from its grey…

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