Tag: Economy

PenCom Recovers N1.58bn from Defaulting Employers as Pension Assets Soar to N23tn

To safeguard the retirement savings of Nigerian workers, the National Pension Commission…

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Nigeria Sets Ambitious 7% Growth Target Amidst Economic Reforms, Minister Affirms

Nigeria is setting its sights on a significant economic expansion, aiming for…

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Nigeria Faces Widening Fiscal Deficit as Debt Burden Looms, IMF Warns

The International Monetary Fund (IMF) has issued a stark warning about Nigeria's…

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FG Launches Forensic Audit of NNPC Amid Leadership Shake-Up

Signaling a commitment to transparency and efficiency within Nigeria's crucial oil sector,…

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IMF Sounds Alarm on Nigeria’s Inflation: Projects 26.5% Average for 2025

Despite recent data suggesting a moderation in Nigeria's inflation rate, the International…

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Nigeria’s Manufacturers Bleed as Energy Crisis Drives Alternative Power Bills to N1.11 Trillion

The resilience of Nigeria's manufacturing sector is being severely tested as crippling…

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Nigerian Stock Market Dips Amidst Inflation Concerns

Nigeria stock market experienced a slight downturn last week, with the NGX…

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Banks Navigate Shifting Credit Landscape in Early 2025

A nuanced picture of Nigeria's credit market emerged in the first quarter…

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