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 …
The Alliance for Economic Research and Ethics (AERE) Ltd/Gte has commended the inclusion of Nigeria on the FTSE Russell Watch List for potential reclassification as a Frontier Market, describing the development as a landmark moment in Nigeria’s economic recovery and global reintegration. In a statement signed by the Chairman of AERE, the 22nd President of …
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Dr Aminu Maida, urged both state and federal governments to take swift action in fostering broadband infrastructure development and protecting Nigeria’s critical national infrastructure. In a keynote address at the Business Roundtable on Improving Investments in Broadband Connectivity held at the NCC Digital …
Human Capital Africa (HCA), The Nigerian Economic Summit Group (NESG), The Aliko Dangote Foundation, and the African Philanthropy Forum launched two powerful coalitions aimed at combating the learning crisis across Africa. These coalitions—the African CEOs’ Coalition for Foundational Learning and the Africa Philanthropy Coalition for Foundational Learning—will harness collective influence, resources, and expertise to drive …
Geoffrey Nnaji, the Minister of Innovation, Science, and Technology, has resigned from President Bola Tinubu’s cabinet amid ongoing allegations regarding his academic credentials and claims of certificate forgery. Appointed in August 2023, Nnaji submitted his resignation in a letter to the president on Tuesday, thanking him for the opportunity to serve. In a statement confirming …
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has announced a remarkable rebound in its operations, which has resulted in the facilitation of over ₦70 billion in commercial financing for agribusiness as at Q3 2025, its strongest annual performance since inception. In operation since 2013, this result represents nearly a quarter of the …
The Centre for the Promotion of Private Enterprise (CPPE) has issued a policy brief calling for comprehensive reforms to protect the interests of investors and employers in Nigeria. The document, titled Protecting Investors and Employers: A National Policy Imperative, highlights the urgent need for a more balanced and secure business environment that can foster growth, …
As Nigeria’s financial landscape continues to evolve, Union Bank finds itself at the centre of controversy, raising questions about its future as the country moves closer to its recapitalisation deadline. The bank, once a trusted household name in Nigeria's banking sector, is now embroiled in a web of financial and regulatory uncertainties following the takeover …
