World Bank Loan to Nigeria: $500M Comes With Reform Conditions
ABUJA, Nigeria — The World Bank has set conditions for Nigeria to access a $500 million loan under the Nigeria Actions for Investment and Jobs Acceleration (NAIJA) Development…
ABUJA, Nigeria — The World Bank has set conditions for Nigeria to access a $500 million loan under the Nigeria Actions for Investment and Jobs Acceleration (NAIJA) Development…
ABUJA, Nigeria — Nigeria portfolio investment reached $6.51 billion in the second quarter of 2026, about 26.5% higher than the $5.15 billion recorded in the second quarter of…
ABUJA, Nigeria — The Federal Government had disbursed ₦658.9 billion in direct Nigeria cash transfers to 10.46 million poor and vulnerable households by September 2026, according to the…
BANGKOK, Thailand — Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy, says Nigeria is beginning to change how it is perceived internationally, citing its tax…
LAGOS, Nigeria — Nigeria’s headline inflation fell to 14.63% in September 2026, but an analysis of the National Bureau of Statistics (NBS) data shows Nigeria core inflation accelerating,…
BANGKOK, Thailand — Nigeria is aiming for economic growth of 7%, well above the International Monetary Fund’s (IMF) projection of 4.3% for 2027, as the Federal Government accelerates…
LAGOS, Nigeria — The Centre for the Promotion of Private Enterprise (CPPE) has warned that rising energy inflation could reverse Nigeria’s recent disinflation gains, even though headline inflation…
The Financial Markets Dealers Association (FMDA) has projected Nigeria’s current account surplus at $8.69 billion in the third quarter of 2026, driven primarily by stronger oil export earnings…
Nigerian households became more pessimistic about economic and family financial conditions in September 2026, while their appetite for major purchases weakened, according to the latest Central Bank of…
Nigerian businesses identified high or multiple taxation, insecurity and high interest rates as their biggest constraints in September 2026, according to the Central Bank of Nigeria (CBN) Business…
President Bola Tinubu has declared that Nigeria has moved beyond the difficult phase of economic reforms and entered what he described as an “age of prosperity”, with the…
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government and other tiers of government to shift economic policy from macroeconomic stabilisation towards…