EconomyFeaturedPowered by oil boom, Nigerian economy expands at its fastest pace in five yearsInternational Finance Business DeskSeptember 2, 2026September 2, 2026 by International Finance Business DeskSeptember 2, 2026September 2, 2026 Real GDP grew 4.43% in the three months through June, accelerating from 3.89% in the Q1, according to the Nigeria's National Bureau of Statistics... Read more
FeaturedUtilitiesMore than 40% of Nigerians now benefit from 20 hours of daily electricity supplyIFM CorrespondentOctober 14, 2024 by IFM CorrespondentOctober 14, 2024 Most developed nations achieved reliable, functional, and affordable electricity as a fundamental step... Read more
EconomyFeaturedWe ended petrol subsidy to save Nigeria from bankruptcy: President Bola TinubuIFM CorrespondentMay 2, 2024May 1, 2024 by IFM CorrespondentMay 2, 2024May 1, 2024 President Bola Tinubu expressed his happiness over Nigeria's youthful population, which he believes is full of energy and determined to use technology and education to take control of their own destiny... Read more
CurrencyFeaturedNaira’s value falls further as parallel market exchange rates widenIFM CorrespondentOctober 13, 2023October 12, 2023 by IFM CorrespondentOctober 13, 2023October 12, 2023 In 2023, the naira experienced its worst-ever performance on the illicit market, reaching 1,000 to the dollar... Read more