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.
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
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.
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.
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.
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.
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.
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.