Category : Search result: economic recovery Nigeria


Nigeria's Economy Improving, Nearing Stability - IWG

Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.

Eurozone Growth Beats Expectations in Q1 2024

The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.

Tinubu Cuts Fuel Import Duties - Price Impact

In a major economic move, President Bola Tinubu has approved a 15% import duty reduction on petroleum products. Discover how this decision could affect fuel prices across Nigeria.

Naira Soars to 10-Month High Against Dollar

The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini

Poland's $1.1B Africa Investment Drive Launched

Poland launches ambitious $1.1 billion investment initiative targeting African markets, with Nigeria positioned as key beneficiary. Strategic partnerships planned across multiple sectors.

US Government Shutdown Threatens Economic Data Blackout

The potential US government shutdown threatens to halt crucial economic data releases, leaving investors and policymakers in the dark during economic uncertainty. Federal agencies prepare for closure as Congress struggles to reach funding agreement.

FMCG Stocks Surge 200% in Nigerian Market Rally

Nigeria's FMCG sector experiences massive recovery as leading stocks deliver unprecedented returns, with some companies posting over 200% growth amid improved market conditions.

Dangote: Naira to stabilize by 2025

Aliko Dangote shares crucial insights on Nigeria's currency crisis, predicting when the Naira will stabilize against the dollar and offering practical advice for businesses and individuals.

Recover Money Sent to Wrong Bank Account in Nigeria

Sent money to wrong bank account in Nigeria? This comprehensive guide reveals exactly what to do immediately, your legal rights, and how to successfully recover your funds from Nigerian banks.

Court seizes ₦49.7m from ex-INEC official

Federal High Court orders permanent forfeiture of ₦49,700 recovered from ex-INEC staff as EFCC continues anti-corruption fight in Nigeria's electoral system.

FG Expands ₦75,000 Cash Transfer to 75M Nigerians

Federal Government intensifies poverty alleviation efforts, extending cash transfers to 75 million Nigerians facing economic challenges. New payment structure and expanded beneficiaries announced.

UBS Beats Expectations with $1.8 Billion Profit

Swiss banking powerhouse UBS delivers stunning Q1 results, exceeding expectations with $1.8 billion profit and recovering massive provisions. Nigerian investors watch closely as global banking shows strong recovery signs.

Nigeria's $1 Trillion Economy Target Achievable - Bagudu

Nigeria's Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has expressed strong confidence that the country can achieve its ambitious $1 trillion economy target by 2030 through strategic reforms and economic diversification.

Boko Haram Forced Jonathan to Keep Fuel Subsidy - Sanusi

Former CBN Governor Sanusi Lamido Sanusi reveals how Boko Haram insurgency compelled President Goodluck Jonathan to reverse fuel subsidy removal in 2012, exposing the intricate link between terrorism and economic policy in Nigeria.

Nigerian Cartoonist Skewers Soaring Inflation

A viral cartoon from a Nigerian artist delivers a sharp critique of the country's escalating cost of living, using powerful imagery to depict the struggle of ordinary citizens.

Nigeria Aims for $1 Trillion Economy by 2030

Nigeria's Minister of Budget and Economic Planning, Abubakar Bagudu, has unveiled an ambitious roadmap to transform the nation into a $1 trillion economy by 2030 during high-level talks with European Union ambassadors in Abuja.

Uche Ogbodo Claps Back at Fan's Husband Help Offer

Nollywood actress Uche Ogbodo claps back at inappropriate fan comment offering to 'help' her husband while she recovers from cosmetic surgery. The viral response has social media buzzing!

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