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Tag: Nigerian economy

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South East Central To Tinubu Administration’s Economic Vision – Shettima

Vice President Kashim Shettima says the South East is central to President Tinubu’s economic agenda, stressing coordinated regional planning and long-term infrastructure development.

Naira Rebounds, Gains N1.65 Against Dollar at Official Market

The Naira strengthened at the official market on Friday, gaining N1.65 against the U.S. dollar, according to data from the Central Bank of Nigeria.

Nigeria’s GDP Records 3.98% Expansion in Q3 2025 as NBS Highlights Sectoral Growth Rate Trends

Nigeria’s Q3 GDP figures show a modest improvement driven by services and agriculture, signaling a cautious upward shift in the nation’s growth rate despite persistent inflation and forex pressures. Analysts say the data offers a mixed outlook heading into the final quarter.

Market slips by N444bn as renewed selloffs drag key stocks lower

The market reversed its bullish trend, shedding N444bn after sharp declines in major stocks. Activity, however, strengthened with higher trading volume and value.

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Rising Fear As Suspected Bandits Threaten Attack In FCT Communities

Widespread fear has gripped residents of Kungaboku and Paze communities in the Federal Capital Territory after suspected bandits allegedly issued a threat letter warning of a coordinated attack.

Togo Seeks Increased Electricity Imports from Nigeria

Togo has expressed interest in increasing electricity imports from Nigeria through the Niger Delta Power Holding Company to meet growing domestic demand and support economic expansion.

Abia to Sign $200m MoU with Presco Plc for 14,000-Hectare Oil Palm Plantation

Abia State Governor Alex Otti says the state government will sign a $200 million MoU with Presco Plc to establish a 14,000-hectare oil palm plantation aimed at boosting agricultural production and job creation.

Nigeria Football Legend Henry Nwosu Dies at 62

Nigeria football legend and 1980 AFCON winner Henry Nwosu has died at the age of 62, prompting tributes from the Nigeria Football Federation and the wider football community.

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