Peionews

Nigerian economy

IMF Projects Nigeria’s Inflation to Fall to 14.7% in 2027

By Elizabeth Ugbo Nigeria’s annual average inflation rate could decline to 14.7 per cent in 2027 from 23.0 per cent…

Fuel Subsidy Return Could Trigger Capital Flight, Weaken Naira — FG Warns

By Elizabeth Ugbo The Federal Government has warned that reintroducing fuel subsidy could trigger capital flight, weaken the naira and…

Tinubu Welcomes 4.43% GDP Growth, Assures Nigerians of Stronger Economic Performance

By Elizabeth Ugbo President Bola Ahmed Tinubu has welcomed Nigeria’s 4.43% GDP growth in Q2 2026, reported by the National…

Tinubu Urges NLNG to Turn Gas Flaring Into Economic Benefit for Nigerians

By Elizabeth Ugbo President Bola Ahmed Tinubu on Wednesday urged the Nigeria Liquefied Natural Gas (NLNG) Board to reduce gas…

CBN Reaffirms Standard and Commemorative ₦100 Notes Remain Legal Tender

By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has reaffirmed that both the standard ₦100 banknote and the commemorative…

Tinubu Urges Afreximbank to Drive Africa’s Industrialisation Through Strategic Investments

By Elizabeth Ugbo President Bola Ahmed Tinubu on Tuesday urged the African Export-Import Bank (Afreximbank) to mobilise Africa’s human, financial…

Sunday Dare Defends Grassroots Empowerment, Faults Adelakun’s Criticism of Economic Policies

By Elizabeth Ugbo Special Adviser to President Bola Tinubu on Media and Public Communication, Sunday Dare, has strongly criticised columnist…

Tinubu Appoints Kunle Elebute as FRCN Board Chair to Strengthen Corporate Governance

By Elizabeth Ugbo President Bola Ahmed Tinubu has appointed Kunle Elebute as the Chairperson of the Governing Board of the…

CBN Redeploys Four Deputy Governors in Major Management Reshuffle

By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has redeployed its four Deputy Governors in a major management reshuffle…

Fuel Subsidy Removal Saved Nigeria From Bankruptcy – Tinubu

By Elizabeth Ugbo President Bola Ahmed Tinubu on Friday said the removal of fuel subsidy saved Nigeria from imminent bankruptcy…