Sunday, April 19, 2026

Economy

Tinubu’s Reforms Push Reserves to $38.4bn – Rep

Federal lawmaker Gboyega Isiaka says Nigeria’s foreign reserves have climbed to $38.4 billion, crediting President Tinubu’s economic reforms. Speaking in Abeokuta, Isiaka noted that tough decisions like fuel subsidy removal and forex unification are beginning to pay off, with reduced...

Lagos Loses N4trn Yearly to Traffic – Govt

The Lagos State Government says traffic congestion costs the state around N4 trillion every year. Special Adviser to Governor Sanwo-Olu on Transportation, Sola Giwa, said this during a TVC News interview. He explained that from June 16, 2025, trucks entering...

FG: Nigeria’s Milk Intake Too Low, Economy Hurting

The Federal Government has raised concern over Nigeria’s low milk consumption, saying it poses health risks and hurts the economy. Livestock Minister Idi Mukhtar Maiha said on Saturday during the 2025 World Milk Day event in Abuja that while Nigerians...

Electioneering Finance In Nigeria: Impact On the Economy | Business Daily

https://www.youtube.com/watch?v=enZXazbNArY Muktar Mohammed, CEO Finance With Muktar speaks on the electioneering finance in Nigeria on Trust TV's Business Daily show with Chiamaka Nwafor.

Lagos GDP Hits $259 Billion, Becomes Africa’s Second-Largest City Economy

Lagos State’s economy has surged to $259 billion in Gross Domestic Product (GDP) based on purchasing power parity (PPP), making it the second-largest city economy in Africa after Cairo. The milestone was announced during the launch of the Lagos Economic...

Nigerians Abroad Boost Economy with Over $90bn Remittances in Five Years – NiDCOM

Nigerians living overseas have contributed more than $90 billion to the country’s economy in the past five years, according to Abike Dabiri-Erewa, Chairperson of the Nigerians in Diaspora Commission (NiDCOM). During her appearance at the 2025 budget defence before the...

Corruption Stifling Nigeria’s Growth – World Bank

The World Bank and other stakeholders have called for decisive action against institutional corruption, emphasizing that sustainable growth and development in Nigeria depend on this effort. During a policy discussion on anti-corruption, Ndiamé Diop, the World Bank Country Director, highlighted...

Tackling Gender-Based Violence Will Boost Economy – World Bank

The World Bank Group has reaffirmed its commitment to combating Gender-Based Violence (GBV) worldwide, emphasizing that eliminating the menace will significantly enhance economic growth. Pamela Chebiwott Tuiyott, the Regional Head and GBV Coordinator for Africa, stated this during an induction...

Nigeria’s Economy Heading in Right Direction – Finance Minister.

The minister of finance and coordinating minister of the economy, Mr. Olawale Edun, has argued the economy is heading the in the right direction following the implementation of some of the policies of the Bola Tinubu administration. The minister...
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