Tag: Economic growth

FDI falls below 4% as Nigeria records $23.22bn capital inflows in 2025

Business Damilola Bayonle -
Nigeria recorded a sharp increase in foreign capital inflows in 2025, but fresh data show that long-term investment in...

IMF warns Nigeria: Strengthen public finances or risk debt crisis

Business Damilola Bayonle -
IMF urges Nigeria to build stronger public finances as debt risks rise The International Monetary Fund (IMF) has issued a...

IMF upgrades Nigeria’s 2026 growth outlook to 4.4% — What it means for the economy

Business Damilola Bayonle -
The International Monetary Fund (IMF) has revised Nigeria’s economic growth projection upward, forecasting a 4.4% expansion in 2026. The upgrade,...

World Bank urges developing nations to harness trade standards for economic growth

Business Damilola Bayonle -
The World Bank has issued a clarion call for developing countries to play a more active role in shaping...

CBN projects economy to grow by 4.49% in 2026 on reform gains, investment boost

Business Damilola Bayonle -
Nigeria’s economic outlook for 2026 is expected to consolidate the reform gains recorded in recent years, with stronger investor...

Nigeria not at war, Edun assures investors — Security operation strengthens economic confidence

Business Damilola Bayonle -
Nigeria Not at War, Edun Tells Investors Amid Sokoto Operation The Minister of Finance and Coordinating Minister for the Economy,...

Oyo state N892bn 2026 appropriation: Makinde signs landmark budget to transform lives

Business Damilola Bayonle -
Ibadan – Oyo State Governor, Seyi Makinde, is set to sign the 2026 Appropriation Bill of N892bn into law...

US trade deficit hits stunning five-year low as surging exports deliver unexpected economic boost

Business Damilola Bayonle -
How the US Trade Deficit Narrowed Sharply in September The US trade deficit fell to its lowest point in more...

GDP expected to rebound 4.22% in Q4 –report: Why analysts see stronger growth ahead

Business Damilola Bayonle -
Nigeria’s economic outlook is set for a stronger finish to 2025 as new projections from CardinalStone Research forecast a...

MPC may cut interest rate again today – Market braces for bold monetary move

Business Damilola Bayonle -
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is widely expected to continue its dovish...

FG launches bold masterplan to double GDP and crush inflation by 2027

Business Damilola Bayonle -
Nigeria’s federal government has announced an ambitious new strategy designed to double the nation’s Gross Domestic Product (GDP) and...

Edo approves N1bn soft loans for market women to boost grassroots economy

Business Damilola Bayonle -
In a major step toward women’s economic empowerment, the Edo State Government has approved ₦1 billion in soft loans...