RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Nigeria Ranks 116th in 2025 Good Governance Index, Falls Short of Africa’s Top Five

Stephen Akudike by Stephen Akudike
August 29, 2025
in Economy
Reading Time: 1 min read
A A
0
Key Takeaways From President Tinubu Speech.
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

Nigeria has been ranked 116th out of 180 countries in the 2025 Chandler Good Government Index (CGGI), highlighting persistent governance challenges, according to the Chandler Institute of Governance (CIG). The index, a global measure of government effectiveness, evaluates nations across seven pillars, with Nigeria struggling in most areas, missing the top five African performers: Mauritius, Rwanda, Botswana, Morocco, and South Africa.

The CGGI report places Nigeria at 110th in Leadership and Foresight, 112th in Robust Laws and Policies, 114th in Strong Institutions, 89th in Financial Stewardship, 114th in Attractive Marketplace, 112th in Global Influence and Reputation, and 120th in Helping People Rise. Despite a relatively stronger showing in Financial Stewardship, Nigeria’s low rankings underscore the need for reforms to bolster public institutions and governance frameworks. Among 28 African nations ranked, only Tanzania and Rwanda showed significant progress since 2021, while Nigeria’s position declined.

AlsoRead

Seplat Agrees to Sell 10% Stake in NNPC Joint Venture for $281.6 Million

Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026

Nigeria’s FX Market Hits Record $4.4 Billion Weekly Turnover 

The report notes mixed regional trends, with Africa’s average score for Strong Institutions improving, but Financial Stewardship, Global Influence, and Helping People Rise declining amid rising debt burdens and fiscal constraints. Nigeria’s governance struggles contrast with its economic gains, including a 67.12% surge in capital importation to $5.64 billion in Q1 2025 and a 39.98% year-to-date gain in the Nigerian Exchange. However, naira volatility (N1,560/$1 in the parallel market) and 21.88% inflation in July highlight ongoing challenges.

In a related development, Nigeria saw a slight improvement in Transparency International’s 2024 Corruption Perceptions Index, ranking 140th out of 180 countries, with a score of 28.00, its highest since 2016. This suggests incremental progress in tackling public sector corruption, but the CGGI ranking emphasizes the broader governance reforms needed to align with Africa’s top performers and sustain economic momentum.

 

Tags: FG
Previous Post

Nigeria Allocates N136 Billion in Medium-Term Bonds Amid Strong Investor Demand

Next Post

Nigerians Lose Millions to Failed USSD Transactions, Threatening Financial Inclusion

Related News

Seplat Energy revenue grows by 29.8% in 2022

Seplat Agrees to Sell 10% Stake in NNPC Joint Venture for $281.6 Million

by Akpan Edidong
July 31, 2026
0

Seplat Energy Plc has entered a legally binding agreement to dispose of a 10% working interest in its joint venture...

FG Secures $1.95 Billion in World Bank Loans Amidst Debt Concerns

Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026

by Victoria Attah
July 28, 2026
0

Corporate borrowers and state-backed entities paid coupon rates as high as 20% to access Nigeria’s debt capital market in the...

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Nigeria’s FX Market Hits Record $4.4 Billion Weekly Turnover 

by Jide Omodele
July 28, 2026
0

Nigeria’s foreign exchange market recorded its highest weekly turnover of 2026, with total transactions in the FX Spot and Derivatives...

US Imposes 12.5% Tariff on Nigerian Exports Over Forced Labour Concerns

by Victoria Attah
July 27, 2026
0

The United States has imposed a 12.5% tariff on most Nigerian exports following a Section 301 investigation that concluded Nigeria...

Next Post
CBN Introduces New ATM Withdrawal Charges, Scraps Free Withdrawals at Other Banks

Nigerians Lose Millions to Failed USSD Transactions, Threatening Financial Inclusion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Seplat Energy revenue grows by 29.8% in 2022

Seplat Agrees to Sell 10% Stake in NNPC Joint Venture for $281.6 Million

July 31, 2026
Seplat Energy Nigeria Offers Internship Opportunity to Nigerian Undergraduate Students.

Seplat Posts 74% Pre-Tax Profit Jump to N790bn, Declares Record US$0.12 Dividend

July 31, 2026

Popular Story

  •  FBN Holdings Achieves N1 Trillion Market Cap Milestone

    First HoldCo Approves 60% Dividend Payout Policy After Record Half-Year Profit Surge

    0 shares
    Share 0 Tweet 0
  • 31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • World Bank: Trade Restrictions Caused 9% of the Rise in Food Prices

    0 shares
    Share 0 Tweet 0
  • NGX Loses N1.005 Trillion in Single Session as Two-Day Sell-Off Hits N1.65 Trillion

    0 shares
    Share 0 Tweet 0
  • Seplat Posts 74% Pre-Tax Profit Jump to N790bn, Declares Record US$0.12 Dividend

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>