A member of the Lagos State House of Assembly, Hon. Temitope Adewale has praised President Bola Tinubu’s economic progress and steady national development under the current administration. Also read: Nigeria’s economy back on track under Tinubu – Bagudu In a statement on Monday after a private visit to the President in Lagos, Adewale, who represents Ifako-Ijaiye constituency I and chairs the …

The Minister of Budget and Economic Planning, Atiku Bagudu says President Bola Tinubu’s administration has implemented bold reforms that have positioned the nation’s economy for sustained recovery and growth despite short-term pain. The minister said this while addressing State House correspondents after a courtesy call on President Tinubu at his Lagos residence on Saturday night. Bagudu commended the administration’s economic …

The Africa Finance Corporation (AFC) has cited Nigeria as an example of how market-based de-risking mechanisms can help mobilise pension capital for infrastructure investment without enforcing rigid allocation mandates. This was revealed in the 2025 State of Africa’s Infrastructure Report, titled ‘Mobilising Domestic Capital’, with a call to redirect Africa’s $1.1 trillion institutional capital pool to finance long-term infrastructure development …

The prominent pan-Yoruba sociopolitical organisation, Afenifere, under the leadership of Oba Oladipo Olaitan, has delivered a scathing mid-term review of President Bola Tinubu’s two-year administration, asserting that Nigerians have been subjected to “harrowing pain and anguish.” Also read: Tinubu: 2 years of bold reforms, Renewed Hope The group contended that the administration’s much-touted reforms have, in essence, “deformed” the lives …

The Federal Government welcomes Moody’s Investors Service’s latest upgrade of Nigeria’s long-term foreign-currency issuer rating from Caa1 to B3, with a Stable Outlook. This is a significant vote of confidence in the country’s economic direction and ongoing reform agenda. This upgrade reflects growing international recognition of Nigeria’s progress in stabilising its macroeconomic environment, enhancing fiscal transparency, improving debt sustainability, and …

Nigeria’s top leaders in business, policy and development will gather in Kano on Thursday, 5 June 2025, for the next edition of the For The Love of The Country (FLOC) conference. This year’s theme, ‘Reimagining Nigeria’s Economy for a Prosperous Future: Where We Should Be in the Next Decade’, is designed to ignite bold conversations about the country’s economic future. …

Nigeria’s solid minerals sector attracted over $800 million in processing projects in 2024. It also generated over N38 billion in revenue in 2024, up from just N6 billion the previous year, despite receiving only 18 per cent of its N29 billion budgeted allocation. The Minister of Solid Minerals Development, Dr Dele Alake, revealed this during a feature interview for an …

The Nigeria Customs Service (NCS) has recorded an unprecedented revenue of ₦1.3 trillion in the first quarter of 2025, more than double the ₦600 billion collected during the same period in 2023. Comptroller-General (CG) of Customs Bashir Adewale Adeniyi attributed this remarkable growth to transformative reforms under President Bola Tinubu’s Renewed Hope Agenda, as revealed in an upcoming State House …

President Bola Tinubu, on Thursday, urged the new Nigerian National Petroleum Company Limited (NNPCL) board to consolidate the gains of the ongoing economic reforms. In a statement by the presidential spokesman, Bayo Onanuga, the President said the reforms have attracted commendations for the resilience and competitiveness of the Nigerian economy. Speaking at the inauguration of the NNPCL board at the …

At the recently concluded IFC 2025 African Equity Forum in Lagos, held under the theme, global investors, and industrial leaders gathered to evaluate the continent’s investment landscape and co-develop strategies to strengthen local value chains. In his keynote address, Chairman of McKinsey Africa, Acha Leke charted Africa’s economic evolution, noting the shift from investor skepticism in the early 2000s to …