Nigeria economy

Nigeria officially out of recession as GDP grows 0.55% in Q2

Nigeria is officially out of recession, according to growth data published by the country's National Bureau of Statistics (NBS) Tuesday.…

Nigeria’s tax agency generates N2.11trn in 7 months, targets improved tax ratio of 15% by 2020

The Federal Inland Revenue Service (FIRS) through tax collections generated N2.11 trillion as revenue from January to July 2017 as…

Nigeria naira outlook positive this week on 5.1% rise in FX reserve levels, CBN interventions

The Nigerian naira is projected to trade positive this week on growing reserves and central bank continued intervention, according to…

Fresh threat on Nigeria’s fragile economy in Niger Delta agitators’ planned attacks on oil installations

Trouble is brewing in the Niger Delta swamplands, home to oil, the mainstay of the Nigerian economy, as the Coalition…

Nigeria likely out of recession in Q2 but needs business confidence via single FX policy for growth sustainability – Poll

Nigeria and South Africa, Africa’s two biggest economies, have been projected to likely emerge from recession in the second quarter…

U.S. businesses canvass free-floating naira for more investment in Nigeria

United States businesses and companies would prefer a free-floating naira for them to invest and do more business in Nigeria,…

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