August 4, 2025

Economic Reforms

General

Nigerian Billionaires Navigate Economic Highs and Lows During Buhari’s Eight-Year Tenure

LAGOS – July 17, 2025  Nigeria’s richest individuals experienced varying fortunes during the eight-year administration of former President Muhammadu Buhari, as the country underwent significant economic reforms, currency challenges, and shifting investment landscapes between 2015 and 2023. The period was defined by two economic recessions, fluctuating oil prices, strict foreign exchange policies, and infrastructural investment

Read More
General World

Kogi Govt Fast-Tracks Reforms Under $750m World Bank SABER Programme to Boost Business Climate

Lokoja, Kogi State – June 29, 2025  The Kogi State Government has reaffirmed its commitment to accelerating key economic reforms under the $750 million World Bank-backed State Action on Business Enabling Reforms (SABER) programme, as part of efforts to improve the ease of doing business across Nigeria. Speaking on the development, a senior government official

Read More
Democracy Day Politics

Tinubu Reaffirms Commitment to Democratic Ideals, Economic Reforms at National Assembly’s Democracy Day Session

President Bola Ahmed Tinubu, GCFR, delivered a compelling address to a joint session of Nigeria’s National Assembly on June 12, 2025, commemorating the nation’s 26th Democracy Day. His speech underscored the enduring spirit of Nigeria’s democratic journey, paid tribute to its heroes, and outlined the administration’s commitment to economic reforms and national unity. Standing before

Read More
Economy General

British Envoy Applauds Nigeria’s Economic Reforms, Calls Country a Rising Investment Hub

The British High Commissioner to Nigeria, Dr. Richard Montgomery, has commended Nigeria’s ongoing economic reforms, describing them as crucial foundations for positioning the country as a fast-rising destination for global investment. Speaking during a diplomatic engagement in Abuja, Montgomery noted that the bold policy decisions taken by the Nigerian government are already sending positive signals

Read More
Economy Policy update

Nigeria Worse Off Than in 1960, AfDB President Warns, Urges Urgent Economic Reforms

The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has sounded a grave warning over the state of Nigeria’s economy, declaring that the country is experiencing a deeper regression than many citizens and policymakers realise. Speaking during the 20th anniversary dinner of investment firm Chapel Hill Denham in Lagos, Dr. Adesina revealed that

Read More