Browsing Tag
Economic Growth
13 posts
CBN hosts stakeholder fair in Gombe to boost financial access and economic development
The Central Bank of Nigeria held a stakeholder fair in Gombe to promote financial inclusion and discuss how digital payment systems can stimulate economic growth.
World Bank: AI offers rapid growth potential for developing nations
A new World Bank report outlines how developing nations can leverage AI to bypass traditional development timelines, provided they secure the necessary infrastructure and institutional support.
Phillips Consulting Unveils 2026 State Performance Index to Track Governance Across Nigeria
Phillips Consulting has launched the 2026 State Performance Index, a data-driven report designed to evaluate governance, development, and administrative progress across all Nigerian states through a new Momentum Index framework.
Alert Microfinance Bank expands asset base to N50 billion despite economic hurdles
Alert Microfinance Bank has scaled its assets to N50 billion in three years, citing a strategic focus on financial inclusion and increased credit demand despite economic headwinds.
Experts Call for Reliable Power to Boost National Economic Development
Government officials and stakeholders gathered in Abuja to discuss shifting the focus of electrification toward sustainable economic productivity.
Nigeria’s external reserves reach $52 billion as net reserves surpass $40 billion
Central Bank Governor Olayemi Cardoso reports that Nigeria's external reserves have hit $52 billion, with net reserves exceeding $40 billion, driven by successful policy reforms.
UK economic output edges upward during leadership transition
The UK economy grew by 0.1 percent in May, supported by the services sector, as the nation prepares for Andy Burnham to take office as prime minister.
Federal Government Introduces Labor Reform Strategy, Calls for Private Sector Cooperation
The Nigerian government has launched a new labor reform initiative, urging private sector partners to collaborate on job creation and modernizing workplace standards to drive economic growth.
APC National Chairman Highlights Engineering as Essential for Nigerian Economic Progress
APC National Chairman Prof. Nentawe Goshwe Yilwatda states that Nigeria's economic transformation and industrial growth depend on placing engineering and technology at the heart of national development.
Mastercard Report Finds 81% of Nigerian Small Businesses Optimistic About Future Growth
A new report from Mastercard indicates that 81% of Nigerian small business owners are optimistic about the upcoming year, fueled by a strong emphasis on digital payment adoption and strategic growth planning.