President Bola Ahmed Tinubu, on Wednesday in Abuja, received commendations from Deloitte Africa for the ongoing financial and fiscal reforms in the country and was encouraged to pursue a stronger partnership that supports investments, youth training, and employment. The President, who received a delegation from Deloitte Africa, led by...
Economy
Federal Government has inaugurated a Ministerial Advisory Committee (MAC) to provide independent strategic advice aimed at strengthening Nigeria’s fiscal and macroeconomic reforms and accelerating inclusive economic growth. The committee was inaugurated in Abuja on Tuesday July 14 by the Minister of Finance and Coordinating Minister of the Economy, Mr....
While President Bola Tinubu has envisioned to build a $1 trillion Nigeria economy by 2030, some Big Tech multinationals, namely Hewlett Packard Enterprise (HPE) and IBM are working in reverse order to undermine both the President’s efforts and the economy. It is on record that Microsoft is in advanced...
Federal Government has described the 2026 National MSME Awards as a clear demonstration of President Bola Ahmed Tinubu’s unwavering commitment to positioning Micro, Small and Medium Enterprises (MSMEs) as the foundation of Nigeria’s economic prosperity under the Renewed Hope Agenda. Minister of Information and National Orientation, Mohammed Idris, stated...
World Stage Limited (WorldStage), a Nigerian based research and technology driven global focused firm has announced that WorldStage Business Forum, Second Quarter 2026 will hold on Tuesday, June 30, 2026 at the LCCI-BOI Innovation Hub, Nurudeen Olowpopo Street, Alausa Ikeja Lagos by 10AM for the presentation of its Nigeria’s...
President Bola Ahmed Tinubu has said the removal of fuel subsidy by his administration saved the country from imminent bankruptcy and laid the foundation for the gradual recovery of the nation’s economy. He spoke on Friday when he hosted state governors who came to celebrate with him the Sallah...
President Bola Ahmed Tinubu has assured Nigerians that the country is gradually overcoming its economic and security challenges, declaring that “the walk through the dark tunnel is over” as Muslims across the nation celebrate the 2026 Eid-el-Kabir festival. In his Eid message released on Tuesday, the President extended warm...
Nigeria is ready for business and under the leadership of President Asiwaju Bola Ahmed Tinubu, the country is committed to deepening ties with the Republic of Poland in different sectors of the economy, the Vice President, Senator Kashim Shettima has said. This, he said, can be done in the...
President Bola Tinubu has met with global investors in Paris, France, emphasising transparency and fiscal discipline, and explaining the rationale for the swift implementation of bold reforms. At the meeting, the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, highlighted Nigeria’s strong GDP growth in dollar...
The Federal Government has reiterated its commitment to empowering women as key drivers of the nation’s creative economy, with a focus on expanding access to finance, skills development and leadership opportunities. The Minister of Art, Culture, Tourism and the Creative Economy, Hannatu Musawa, made this known on Thursday in...
The Independent Media and Policy Initiative (IMPI) wants the President Bola Tinubu administration to use benefits that would accrue to the country from the current surge in global crude price in the aftermath of the ongoing Middle East conflict to continue to build a more resilient economy. This is...
Federal government on Monday launched the “Cross-Border Digital Payments and Identity in Nigeria under the AfCFTA” report, urging stakeholders to unlock trade opportunities for Micro, Small and Medium Enterprises (MSMEs) to access the $3.5 trillion African Continental Free Trade Area (AfCFTA) market. The high-level report, hosted by the Office...
The Strait of Hormuz is a critical maritime chokepoint in the Middle East located between Iran and Oman, and it is contiguous to the United Arab Emirates (UAE). In other words, the strait is between the Persian Gulf and the Gulf of Oman.Its significance lies in the fact that...
Federal Government of Nigeria is closely monitoring escalating geopolitical tensions in the Middle East involving the United States, Israel, and Iran, and remains committed to safeguarding Nigeria’s economic stability. The Economic Management Team (EMT), chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun,...
The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has said that resolving the longstanding dispute over OPL 245 will reposition the economy and strengthen the country’s fiscal muscle. He praised President Bola Tinubu’s visionary leadership, which enabled the breakthrough. The Attorney-General and Minister of Justice, who...
Kogi State Governor, Ahmed Ododo has said the Ajaokuta Economic City proposed to host the Kogi-Hunan Free Trade Zone will begin operations this year, with the groundbreaking of the project expected in the second quarter of 2026. Governor Ododo made this known when he led a delegation of state...
Nigerian government has reaffirmed its commitment to strengthening bilateral relations with the Kingdom of Saudi Arabia through enhanced cooperation in media, communication, economy, and security. Minister of Information and National Orientation, Mohammed Idris, stated this while receiving the Ambassador of the Kingdom of Saudi Arabia to Nigeria, Yosef Bin...
President Bola Tinubu has approved the extension of the ban on the export of raw shea nuts for a further one year, from February 26, 2026, to February 25, 2027. The decision according to a statement by the presidential spokesman, Bayo Onanuga, underscored President Tinubu led administration’s commitment to...
Former Vice President Atiku Abubakar has criticised the Nigerian National Petroleum Company Limited (NNPCL) over its handling of the Port Harcourt Refinery, describing the decision to reopen the facility as a waste of scarce public resources after billions of dollars have been sunk into failed rehabilitation efforts. In a...
Nigeria’s economic reform agenda receives global backing as key stakeholders affirm confidence in the country’s growth potential this week in Abuja when the Honourable Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun held strategic talks with Anna Bjerde, Managing Director of Operations at the World...