Browsing: Economy
The International Monetary Fund (IMF) said poverty in Nigeria has reached 63% of the population as conditions remain difficult for people amidst economic reform.
The National Bureau of Statistics (NBS), says the total capital importation into Nigeria stood at 10,371.90 billion dollars in quarter one (Q1) 2026, representing about 84% year on year growth from the equivalent period in 2025.
The Nigeria Employers’ Consultative Association (NECA) says businesses across the country are yet to fully experience the expected benefits of the Federal Government’s ongoing economic reforms.
Tax Reforms: ACCI Urges 2-Year Grace Period on Tax Penalties The Abuja Chamber of Commerce and Industry (ACCI) has urged…
Removal of Fuel Subsidy Stopped Nigeria’s Economy From Crashing — Alake The Minister of Solid Minerals Development, Dele Alake, has…
Alake Says Mining Reforms Attracted $2.6bn Investment The Minister of Solid Minerals Development, Dele Alake, says Nigeria’s local value addition…
Nigeria Customs Launches Smart Declaration System to Curb Airport Delays The Nigeria Customs Service (NCS) has officially unveiled the Simplified…
Nigeria Eurobonds Yield Climbs as Inflation Shifts Sentiment Nigeria’s Eurobond prices declined in the international market as foreign portfolio investors…
Nigeria’s Yields slipped in the secondary market for government short- and long-term borrowing instruments as investors circled around naira assets ahead of the release of inflation data.
The Eurobonds market mirrored this positivity, as average yields retreated 7bps to 6.72%, underscoring strong global investor interest and an increasingly favourable outlook toward Nigeria’s dollar-denominated sovereign obligation