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    Home » Economic News » Page 2

    Category: Economic News

    Top 10 Most Indebted African Countries by Debt-to-GDP Ratio Spark Debate Online

    A recently circulated ranking highlighting the 10 most indebted African countries by total debt-to-GDP ratio has triggered heated discussions across social media platforms, particularly among…

    Victor Adeyemi March 4, 2026
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    Tinubu Says Criticism Over Fuel Subsidy Removal Was ‘High Voltage,’ Insists Nigeria Is Better Off

    President Bola Tinubu has acknowledged the intense criticism that trailed his administration’s decision to remove fuel subsidy, describing the backlash as “high voltage,” while insisting that Nigeria…

    Victor Adeyemi March 4, 2026
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    Nigeria’s Economy Records 4.07% GDP Growth in Q4 2025 — NBS

    Nigeria’s economy recorded a real GDP growth rate of 4.07 per cent year-on-year in the fourth quarter (Q4) of 2025, marking an improvement from the…

    Victor Adeyemi February 28, 2026
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    PENGASSAN Urges Tinubu to Reverse Executive Order on Oil Revenue Remittance

    The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has formally appealed to Bola Tinubu to withdraw and review a controversial executive order that removes the power…

    Victor Adeyemi February 20, 2026
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    Nigeria Records ₦1.76tn Revenue Gap After Repeatedly Missing OPEC Production Quota

    Nigeria’s oil sector recorded an estimated ₦1.76 trillion in potential revenue losses after failing to consistently meet its crude oil production quota set by the…

    Victor Adeyemi February 18, 2026
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    Enugu State Records ₦406.7 Billion Internally Generated Revenue in 2025, Targets ₦870 Billion in 2026

    The Enugu State Government has announced a historic leap in its Internally Generated Revenue (IGR), recording a total of ₦406.77 billion in 2025, a dramatic…

    Victor Adeyemi February 9, 2026
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    Low VAT Figures Do Not Equate to Low Economic Contribution: Rethinking the South East Nigeria Narrative

    Recent public discourse comparing Value Added Tax (VAT) contributions across Nigeria’s regions has generated misleading conclusions about economic productivity and value. In several instances, higher…

    Victor Adeyemi February 1, 2026
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    Naira Strengthens to ₦1,394 per Dollar as Global Dollar Weakness and Rising Reserves Boost Confidence

    The Nigerian naira recorded a notable appreciation against the United States dollar during midweek trading, strengthening to ₦1,394/$ at the Nigerian Foreign Exchange Market (NFEM).…

    Victor Adeyemi January 31, 2026
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    IMF Says Nigeria’s Macroeconomic Reforms Are Yielding Results as Growth Outlook Improves

    The International Monetary Fund (IMF) has expressed growing confidence in Nigeria’s economic reform programme, stating that recent macroeconomic adjustments are beginning to deliver tangible results…

    Victor Adeyemi January 22, 2026
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    Nigeria’s Inflation Rises to 15.15% in December as Economic Pressures Persist

    Nigeria’s inflation rate rose to 15.15 percent in December 2025, up from 14.45 percent recorded in November, according to the latest Consumer Price Index (CPI)…

    Victor Adeyemi January 16, 2026
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