…schemes, and the CREDICORP credit initiative as investments meant to “translate macroeconomic stability into microeconomic prosperity.” Yilwatda asked Nigerians to weigh the choice ahead of 2027 between consolidating the reforms or reversing them, declaring: “For the All Progressives Congress, the answer is clear. We c…

…reserves climb to $53.3 billion, marking a positive outlook for Nigeria's economic stabilityPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a…

…of subsidy will not bring down the prices of commodities. It will simply distort the economic stability of our country," he said.What Sani wants insteadRather than returning to subsidies, Sani called for investment in domestic refining, pointing to the Dangote Refinery as evidence that local refining was achievable. He…

…I said at the beginning, we can give to them is that they are getting a handle on macroeconomic stability. So, for example, the volatility we have with foreign exchange rate is quieter because they are abiding by market principles for foreign exchange policy."Then you look at inflation. Inflation, even though they use…

…Idris said. He urged Nigerians to assess the reforms from the perspective of long-term economic stability, arguing that the country needed to sustain policies aimed at building a stronger, more productive and financially sustainable economy. The minister’s position comes amid renewed calls in some quarters for the rest…

…presidential ambition gone completely awry, exposing a man willing to burn down national economic stability for a fleeting headline.” On what he described as a chronicle of political duplicity, he said: “Let us refresh the collective memory of the Nigerian electorate, which Atiku so cynically presumes to be short. Duri…

…country was at a critical crossroads, with citizens demanding opportunities, security, economic stability, infrastructure, quality education, healthcare and accountable leadership. According to her, the YPP would seek to build a political institution where young Nigerians, women, professionals and communities could par…

…market trustReforms must directly benefit ordinary Nigerians through job creation and economic stabilityPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.The Citizens Forum…

…oil markets, allowing Nigeria to reclaim market share lost to Angola and Libya. “Economic stability follows predictability. When crude flows are secure, refineries can plan feedstock intake with assurance. Export commitments can be met without fear of sudden shortfalls. Gas-to-power projects can operate without recurre…

…per cent year-on-year to ₦147.2 trillion. However, the report warned that improved macroeconomic stability had not yet translated into stronger household welfare. Food inflation rose to 17.52 per cent in June from 16.96 per cent in May, while the cost of a healthy diet increased by 4.68 per cent year-on-year to ₦1,589…

…has said the marginal decline in Nigeria’s headline inflation reflects improved macroeconomic stability. However, he noted that the high cost of living persists despite the decline in inflation to 14.53 per cent in July from 15.91 per cent in June, according to the National Bureau of Statistics, NBS, Consumer Price Ind…

…in headline inflation to 15.43 percent in July could be a positive sign of emerging macroeconomic stability but should not be mistaken for a fall in the cost of living. According to him, the disinflation recorded in the last two months was driven by a combination of factors, including exchange-rate stability and tight…

…evaluated under the updated criteria. Emphasizing that fiscal openness is fundamental to economic stability, market confidence, and corruption prevention, the State Department concluded:"Transparency provides citizens a window into government budgets and those citizens, in turn, hold governments accountable. It underpi…

…to protecting the lives and property of Nigerians and restoring peace, confidence and economic stability to the communities,” he said. In Benue State, the new 5 Division, with its headquarters expected in Makurdi, is intended to strengthen military operations against long-standing security challenges, including communa…

…cent, describing it as the right balance between curbing inflation and maintaining macroeconomic stability. However, he predicted that the apex bank could begin easing interest rates within the next two meetings of the Monetary Policy Committee. “In my own opinion, we are still striking the right balance, but I don’t s…

…leadership of the CBN Governor are producing measurable gains, including improved macroeconomic stability, easing inflation and increased confidence in the foreign exchange market. According to her, headline inflation declined marginally from 15.93 per cent in May to 15.91 per cent in June 2026, while both food and cor…

Anambra State Governor, Prof. Charles Soludo, on Monday said Nigeria’s improving macroeconomic stability had created fresh investment opportunities, urging state governments to work together to drive economic growth and create jobs. Speaking at the Delta State Economic and Investment Summit in Asaba, Soludo said the co…

…pressures, according to a report by Business Insider Africa.Strong currencies offer economic stabilityA stable currency provides governments and businesses with significant economic advantages. Countries with stronger currencies spend less in local currency when importing fuel, machinery, pharmaceuticals and industrial…

…Okonjo-Iweala said countries that improve their business climate, maintain macroeconomic stability and attract investment would be better positioned to benefit from the ongoing diversification of global supply chains. She said Nigeria should continue implementing broad-based macroeconomic reforms while taking a careful…

…the Central Bank of Nigeria’s recent reforms, urging the country to sustain macroeconomic stability while exercising caution in debt management. The Governor of the Central Bank of Nigeria, Olayemi Cardoso, said Africa must move beyond being a consumer of technology and become a producer of AI-driven solutions. “Africa…

…comes as the CBN continues its efforts to contain inflation while maintaining macroeconomic stability through a restrictive monetary policy.Economists have cautioned that sustained growth in liquidity could complicate the apex bank’s fight against inflation by increasing the amount of money available for spending acros…

…at the “World Bank would help drive international action on poverty, climate change and economic stability, as well as global challenges including food insecurity and energy price shocks.” The Foreign Secretary also confirmed that international development and tackling the climate and nature crisis would remain priorit…

…stressing that investor confidence, infrastructure development, job creation and economic stability depended on the continuity of well-designed policies rather than abrupt reversals. Expressing optimism about the government’s economic direction, he said more Nigerians would experience the benefits of the reforms as the…

…committee's decision to keep all policy parameters steady was aimed at preserving macroeconomic stability while giving earlier measures more time to work through the economy.The maximum lending rate is the ceiling interest rate banks apply to borrowers considered higher credit risks. Prime lending rates, which are lowe…

…Monetary Fund as it pursues ongoing fiscal and macroeconomic reforms aimed at restoring economic stability, strengthening public finances and supporting long-term growth. The commitment was made at a farewell dinner in Abuja held in honour of the outgoing IMF Resident Representative in Nigeria, Dr Christian Ebeke, acco…