Trade Surplus Jumps to N7.55trn as Imports Crash

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 Commissions Warships as Navy Hits Milestone

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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