nigerian economy

The Digest: The World Bank has advised the Nigerian government to consolidate its economic reforms by enforcing strict fiscal discipline, increasing taxes, and ensuring full transparency in public finance. Key Points: The Bank recommended a forensic audit of the Nigerian National Petroleum...

The Digest: The Federal Government has challenged the World Bank's recent report stating that 139 million Nigerians live in poverty, arguing the statistic is a "modelled global estimate" that doesn't reflect the country's current economic reality. Key Points: The President's media aide...

The Digest: In a speech marking Nigeria's 65th year, President Bola Tinubu declared the nation has "turned the corner," asserting his reforms have yielded concrete economic progress despite widespread public hardship. He framed the journey as a necessary sacrifice, acknowledging the "temporary...

The Digest: Nigeria’s headline inflation rate has declined for the fifth month in a row, dropping to 21.12% in August 2025, down from 21.88% in July, according to the latest data from the National Bureau of Statistics (NBS). The continued slowdown, driven by falling food prices, offers a sign...