The Alliance for Economic Research and Ethics has challenged Mustafa Chike-Obi’s claim that Nigeria loses more than $10 billion annually from maintaining its foreign reserves, arguing that the calculation does not establish the actual cost of holding the country’s external assets. In a policy essay issued on October 18, the Alliance’s chairman, Dele Kelvin Oye, …
President Bola Tinubu has commended corporate Nigeria, market operators and investors for pushing the Nigerian Exchange (NGX) past the ₦100 trillion market capitalisation milestone. The President described the achievement as a source of inspiration for participants in the money and capital markets. He made the remarks in a statement issued on Thursday by his Special …
By David Okon Nigeria’s economic story in 2025 was not defined by a single reform or headline moment. It was shaped by sequencing. A deliberate effort to stabilise the macroeconomy, restore institutional credibility, and align security, fiscal, and market policy toward growth. At the centre of this sequencing stood the Minister of Finance and Coordinating …
Nigerian President Bola Tinubu has highlighted nine key priority areas his administration plans to focus on in 2026. He highlighted this in his New Year's Goodwill Message to Nigerians released on Thursday, January 1. He believes that 2026 marks the beginning of a more robust phase of economic growth. Reflecting on 2025, he noted that …
