Dissecting Nigeria's Economic Recovery Paradox

Nigeria Set for Fastest Q2 Economic Growth in Five Years

Nigeria’s economy is on track for its fastest second-quarter expansion in five years, according to early macro nowcast estimates. The projected acceleration follows a solid opening-quarter performance that expanded by nearly four per cent year-on-year. Analysts attribute the momentum to easing inflation pressures, improved foreign exchange availability, and steady private sector demand. The agonising phase…

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Agric Growth Nearly Doubles in Q2 Amid Insecurity -NBS

NBS Reports 3.89 Per Cent Q1 Growth

Nigeria’s economy sustained its slow climb out of stagnation during the first quarter of the year. Data released by the National Bureau of Statistics showed real gross domestic product expanded by 3.89 per cent year-on-year. This performance marks an improvement on the 3.13 per cent growth recorded during the same period last year. However, the…

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Tinubu Urges Muslims to Emulate Prophet Muhammad

President Tinubu Tells World Bank Nigeria’s Economic Reforms Are Irreversible

President Bola Tinubu has assured the World Bank that Nigeria’s ongoing economic reforms are irreversible, declaring that his administration remains firmly committed to policies aimed at unlocking the country’s vast economic potential despite initial hardships. Tinubu gave the assurance at the State House while receiving a World Bank delegation led by the Managing Director of…

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Elon Musk Flags Shifting Global Power as Nigeria Ranks Sixth in IMF GDP Growth Outlook

Billionaire entrepreneur Elon Musk has drawn fresh attention to changing global economic dynamics after Nigeria emerged among the top contributors to global GDP growth in the International Monetary Fund’s (IMF) 2026 projections. In its latest outlook, the IMF listed Nigeria sixth among the world’s top 10 contributors to global real GDP growth in 2026, with…

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