The Nigerian government can unlock a $74 billion livestock industry if it abandons failed state-led models like Ajaokuta and adopts a private sector-driven “catalyst model", Chairman of the Alliance for Economic Research and Ethics, Dele Kelvin Oye, has said. Speaking at the 2026 Vanguard Newspaper Annual Economic Conference on Wednesday, Oye warned that Nigeria risks …
Nigeria is facing a fresh wave of economic pressures despite recent reforms, as the International Monetary Fund warns of multiple risks that could slow growth and strain public finances in its latest Regional Economic Outlook for Sub-Saharan Africa. The report acknowledges that Nigeria made progress in 2025 through key reforms, but says the country now …
The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s progress in slowing inflation is under serious threat, as rising energy, food and transport costs begin to push prices up again, putting more pressure on households and businesses. In its reaction to the March 2026 inflation report released by the National Bureau …
The Nigeria Economic Summit Group (NESG) has called on the National Assembly to urgently amend key economic laws, including the Nigeria Tax Act 2015, the Petroleum Industry Act (PIA), and the Electricity Act 2023, as part of efforts to strengthen Nigeria’s business environment and attract investment. The call followed the presentation of a policy brief …
The Nigerian Economic Summit Group (NESG) has cautioned the Federal Government against reversing fuel subsidy reforms, warning that such a move could destabilise the economy and undermine recent gains. Speaking during a media briefing on Friday, NESG Head of Research, Dr. Joseph Ogebe, described 2026 as a “make-or-break” year for Nigeria, stressing the urgency of …
Nigeria must urgently accelerate privatisation, unlock private capital through public markets, and rethink how it finances infrastructure if it is to overcome its fiscal constraints and deliver sustainable growth. The Chief Executive Officer of Chapel Hill Denham, Bolaji Balogun, said in an interview with Proshare on the theme: ‘Infrastructure, Fiscal Space, and Capital Market Funding.’ …
Nigeria’s economic direction in April 2026 is being shaped by five major forces ranging from monetary policy shifts to global shocks, according to a new report by the Alliance for Economic Research and Ethics LTD/GTE. In its 'Weekly Intelligent Business & Ethics Report' seen by Pinnacle Daily, the group said these forces are driving both …
Nigeria’s economy showed signs of improving stability in the first quarter of 2026, but rising costs, geopolitical tensions and political risks could undermine progress in the months ahead, the Centre for the Promotion of Private Enterprise (CPPE) has said. In a policy brief issued on Sunday, April 5, its Chief Executive Officer, Dr Muda Yusuf, …
Nigeria attracted $23.21 billion in foreign capital in 2025, marking an 88.5 per cent increase from $12.31 billion recorded in 2024. The National Bureau of Statistics (NBS) disclosed this in its Capital Importation Report for 2025. The data reflects renewed investor interest in the economy. Capital inflows started the year at $5.64 billion in the …
The Centre for the Promotion of Private Enterprise (CPPE) has rejected proposals for additional taxation on sugar-sweetened beverages (SSBs), warning that such a move would worsen cost pressures on businesses, undermine economic recovery, and trigger job losses across Nigeria’s manufacturing value chain. In a policy brief released Tuesday, signed by its Chief Executive Officer, Dr …
