Share Nigeria is targeting to increase revenue as a percentage of GDP to 15 percent by 2023 from the current level of 6 percent, through a new growth plan, according to Zainab Ahmed, minister of finance, budget and national planning. This is as the government is looking to grow its income stream. Analysts say that this ambitious revenue target would require the government’s blood, sweat and tears if it must be achieved.
Nigeria’s headline inflation rate dropped to 20.12% in August 2025, marking its fifth consecutive month of decline from 21.88% in...
Across Africa, central banks are wielding high Monetary Policy Rates (MPRs) as a weapon against persistent inflation, currency volatility, and...
The Central Bank of Nigeria (CBN) maintained its key monetary policy instruments at the July 2025 Monetary Policy Committee (MPC)...
Nigeria’s export sector received a significant lift with the launch of the third phase of the UK-Nigeria Standards Partnership Programme,...
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