Economy

Nigeria’s Economy Rises 4.43% as Power Sector Contracts 10.63%

Nigeria’s real Gross Domestic Product (GDP) grew by 4.43 percent year-on-year in the second quarter of 2026, up from 4.23 percent in Q2 2025 and 3.89 percent in Q1 2026.

THEWILL EDITORIAL: A Rate cut must now Reach the Real Economy

The Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent is a significant development for an economy that has endured an exceptionally tight monetary environment

Nigeria’s Free Zones Attract $200bn Investment, Create 500,000 Jobs – FG

The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed this at a virtual meeting with Special Economic Zones stakeholders in September, as the government moves to modernise the regulatory framework governing the zones and strengthen their contribution to investment and non-oil exports.

Improving Economic Indicators Signal Nigeria’s Path to Stability – Alawuba

Alawuba spoke at the 19th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja on Tuesday, September 8, 2026.

Awash With Cash, Short On Priorities: How Governor Are Spending Billions On Prestige Projects As Poverty Ravages Citizens

Finance experts contend that the real value of the revenue has diminished because of the prevailing exchange rate, which makes logistics and operational costs very prohibitive.

Beyond Bank Recapitalisation: How Nestle Can Turn Capital into Productivity

SAM DIALA highlights how Nestle corporate financial performance can support productive investment, local enterprise and shared prosperity amid doubts over banks’ ability to increase lending to the real sector notwithstanding the N4.6 trillion recapitalisation boom.

Three Million Young Nigerians Enter the Job Market Yearly – Where Will the Jobs Come From?

The goal is not simply more jobs, but better jobs: work that comes with fair wages, dignified conditions, and pathways to advancement.

New Era for Guinness Nigeria: Can Tolaram Maintain the Rebound in a Fragile Economy?

The numbers coming out of Guinness Nigeria Plc are impressive enough to invite celebration, especially amid deep economic headwinds.

Nigeria’s Business Crossroads: Turning Economic Potential into Productive Prosperity

The country possesses one of Africa’s largest consumer markets, a huge and youthful population, abundant agricultural resources, substantial oil and gas reserves, a rapidly expanding digital economy, a vibrant entrepreneurial culture and an increasingly sophisticated financial sector.

Uber’s Exit: A Warning Bell for Nigeria’s MSME Economy

Uber has described the decision as the outcome of a review of its evolving business priorities and investment focus across Africa.
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Latest News

Lack Of Love Not Enough – Akwa Ibom Court Rejects Divorce Petition After 43-Year Marriage

An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
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