Nigeria economy

President Bola Tinubu signed a landmark Executive Order (EO) today. This order strips the Nigerian National Petroleum Company Limited (NNPCL) of its power to retain large oil and gas revenues.By ending NNPCL’s revenue deductions, Tinubu aims to boost the...

Nigeria, Africa’s fourth-largest economy in 2025, is poised to climb to third place in 2026, according to the International Monetary Fund (IMF). Data from the IMF’s World Economic Outlook (October 2025 edition) shows Nigeria’s gross domestic product (GDP) at current...