The naira strengthened to N1,401.40 against the U.S. dollar at the official foreign exchange market, according to data from the Central Bank of Nigeria.
Vice President Kashim Shettima says the federal government’s tax reforms will ease the burden of multiple levies on small businesses and low-income earners, insisting the policies are designed to improve livelihoods rather than impoverish Nigerians.
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.
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.
Citing a wave of federal litigations and internal instability, Senate Minority Whip Tony Nwoye has officially left the African Democratic Congress to join the Nigeria Democratic Congress.
Sokoto State health authorities have confirmed 34 deaths out of 254 cases in a spreading meningitis outbreak, citing delayed medical intervention due to local spiritual beliefs as a major factor in the fatality rate.
Enugu State announces July groundbreaking for a 660MW coal-fired power plant as Governor Peter Mbah unveils AI Institute and technology incubation plans to drive economic growth.
At a high-level investment summit in France, President Tinubu and Finance Minister Taiwo Oyedele showcased Nigeria's 11.2% dollar-term GDP growth and committed to quarterly financial publishing.