In recent discussions surrounding Bishop Mathew Hassan Kukah’s stance on Nigeria’s security issues, particularly his rejection of the country’s designation as a ‘Country of Particular Concern,’ there has been an unsettling trend. A number of Catholic priests, including Fr Kelvin Ugwu, Fr Mazi Uc, and Fr Eva Chibuzo Asadu, among others, have reacted to his …
The Minister for Budget and Economic Planning, Senator Abubakar Atiku Bagudu, yesterday at the Multi-Stakeholder Dialogue by Action Aid Nigeria on the theme "Rethinking Poverty Reduction Strategies in Nigeria", spoke about government effort and the need for partnership with the private sector. Excerpts: Rethinking Poverty Reduction Strategy What we have been trying to do as …
The key messaging from Nigeria’s delegation at the 2025 International Monetary Fund/World Bank annual meeting in Washington DC is that Nigeria's economic reform agenda is yielding tangible results, steering the nation toward stability, inclusiveness, and innovation-driven growth. According to Mr Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN) and the Leader of the …
Chairman of Heirs Holdings, Transcorp, and United Bank for Africa, Tony Elumelu in this interview with select journalist attending the International Monetary Fund/World Bank Annual meetings in Washington DC, spoke on a number issues including taking more risk with the pension funds You spoke on digital transformation and its benefits for Africa. What was your …
Tony Elumelu, Chairman of Heirs Holdings and United Bank for Africa (UBA), has called for the mobilisation of $4 trillion in domestic capital across Africa to fund large-scale investments in artificial intelligence (AI), energy, and infrastructure. This, he said, is key to a broader strategy of democratising prosperity across the continent. Elumelu made the call …
Nigeria's leaders remain focused on macroeconomic stability, fiscal discipline, and a strong growth trajectory as the nation prepares for a 7% GDP growth target by 2027. The Nigeria Investors Forum, held on the sidelines of the IMF-World Bank 2025 Annual Meetings in Washington, DC, offered a key opportunity for Nigeria’s officials to update investors on …
Nigeria’s economy is diversifying, with non-oil revenue increasing by 57.5%, signalling the nation’s commitment to reducing oil dependency and boosting fiscal resilience. The Nigeria Investors Forum, held on the sidelines of the IMF-World Bank 2025 Annual Meetings in Washington, DC, served as an important occasion for Nigeria's leadership to share updates on the nation’s economic …
Nigeria is set to issue $2.3 billion in Eurobonds as part of its strategy to refinance existing debt and boost economic stability, with a GDP growth forecast of 4% for 2025. The Nigeria Investors Forum, which took place on the sidelines of the ongoing International Monetary Fund/World Bank 2025 Annual Meetings in Washington, DC, showcased …
The International Monetary Fund (IMF) has commended Nigeria's decisive monetary and fiscal reforms, acknowledging their positive impact on stabilising the economy, reducing inflation, and bolstering foreign exchange reserves. At the launch of its latest World Economic Outlook (WEO), the IMF revised Nigeria's growth forecast upward, predicting a 3.9% growth in 2025 and 4.2% in 2026. …
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms in Nigeria, Mr Taiwo Oyedele, has said Nigeria would have collapsed economically if President Bola Ahmed Tinubu had not embarked on the key economic reforms around subsidies and the floating of the naira. Oyedele, who made the claims while speaking at the Interactive …
