Tag: Nigerian economy 2025

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Investors Gain N13.2 Trillion in Six Months Amid Market Rally

The Nigerian stock market witnessed a historic rally in the first half of 2025, recording an impressive gain of N13.2 trillion in market capitalisation—fuelled...

Tinubu, Lawmakers Face Backlash for Extending 2024 Budget Implementation

President Bola Tinubu and the National Assembly are facing renewed criticism following the second extension of the 2024 budget’s capital component implementation to December...

Weak Judiciary Hampers Recovery of N1.5 Trillion in Bad Loans, Judges Informed

The Nigerian banking industry has raised alarm over the sluggish judicial process frustrating the recovery of over ₦1.5 trillion in bad loans, with financial...

Petrol Subsidy Removal Yields $84 Billion Gain, Funds 40 New Roads — Report

The Federal Government of Nigeria has officially confirmed that the controversial removal of the petrol subsidy, initiated by President Bola Tinubu since May 2023,...

South Africa, Egypt, Nigeria Hold One-Third of Africa’s External Debt – Report

A new report by the African Export-Import Bank (Afreximbank) has revealed that three African economic giants—South Africa, Egypt, and Nigeria—are responsible for more than...

MAN to FG: Enact ‘Nigeria First’ Policy into Law

The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to urgently enact the ‘Nigeria First’ policy into law, stressing that without...

FG Pledges Strong Support for NIPR to Drive Economic Inclusion

In a major boost to Nigeria’s economic inclusion agenda, the Federal Government, through the Minister of Information and National Orientation, Alhaji Mohammed Idris, has...

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