The Nigeria Employers’ Consultative Association (NECA) says businesses across the country are yet to fully experience the expected benefits of the Federal Government’s ongoing economic reforms. Mr Adewale-Smatt Oyerinde, Director-General of NECA, said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja while assessing the administration’s economic performance. Oyerinde…
The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, said that the ongoing tax reforms were designed to build a global competitive, equitable and fiscally sustainable economy. Oyedele made the statement during the 28 annual tax conference of the Chartered Institute of Taxation of Nigeria (CITN), in Abuja on Tuesday. Theme:…
A policy group, the Independent Media and Policy Initiatives (IMPI), says President Bola Tinubu has turn around Nigeria’s economy by deploying economic tools. The group said this in a statement issued by its Chairman, Dr Omoniyi Akinsiju. Akinsiju said that it was the best way to wean the country off decades of profligacy. He said…
Governor Abba Yusuf of Kano State on Tuesday launched the disbursement of N104 million to 5,200 disadvantaged women across the state, providing each with N50,000 to support income-generating activities. The ceremony, held at Government House, Kano, is part of Yusuf’s broader programme to reduce poverty, enhance self-reliance, and improve the socio-economic status of women in…
Economic activities were largely disrupted in Enugu State on Monday as residents observed the #FreeNnamdiKanuNow protest declared by Omoyele Sowore, founder of Sahara Reporters. Correspondents of the News Agency of Nigeria (NAN), who monitored the situation, reported that all major markets in Enugu metropolis and across the state were shut. These include Aria Market, Ogbete…
Governor Abdullahi Sule of Nasarawa State has urged newly deployed members of Nigeria’s National Youth Service Corps (NYSC) to harness the economic opportunities within the state, particularly in agriculture and community development. Addressing the 2025 Batch B Stream II corps members at the Magaji Dan Yamusa Orientation Camp in Keffi on Tuesday, the governor—represented by…
Vice-President Kashim Shettima has declared that Nigeria has exited its phase of economic instability, assuring investors that “the most auspicious and convenient time to choose Nigeria as an investment destination is now.” Shettima stated this on Wednesday while declaring open the 2025 Bauchi State Investment Summit, in a speech delivered through his spokesperson, Stanley Nkwocha….
President Bola Tinubu says his administration has achieved 12 remarkable economic milestones in just over two years, driven by sound fiscal and monetary policies. Speaking during a televised broadcast marking Nigeria’s 65th Independence anniversary, the president said his reforms were now delivering tangible results. He said: “Under our leadership, our economy is recovering…
The Nigerian Stock Exchange has witnessed extraordinary gains since President Bola Tinubu took office, with the All-Share Index nearly tripling in just over two years, according to the Tinubu Media Support Group (TMSG). In a statement issued on Wednesday, the group credited the surge to sweeping economic reforms aimed at restoring investor confidence. “The ASI…
Vice-President Kashim Shettima has defended Nigeria’s current wave of economic reforms, describing them as “painful but inevitable” steps toward long-term recovery. Delivering the keynote address at the Nigerian Economic Society’s 66th Annual Conference in Abuja, Shettima said Africa must shift from “outdated explanations” of economic growth to a knowledge-based model that drives productivity. “President Tinubu…
