…point where the difficult reforms introduced in recent years had sought to restore macroeconomic stability. She, however, cautioned against treating economic stabilisation as the ultimate goal, saying its benefits must translate into improved living standards. According to her, the success of reforms should be measured…
…in implementing economic reforms and explored strategies to move the economy from macroeconomic stability to sustained growth, increased private investment and stronger domestic revenue generation. According to a statement, yesterday, by Efe Oviakporie, Head of Information and Public relations of the Federal Ministry o…
…into tangible benefits for households,” she said. Oyedele, however, emphasised that macroeconomic stability remained a necessary foundation for achieving these development objectives. “Macroeconomic stability is not a bad policy objective. It is actually the foundation of economic growth,” he said. “If a country does n…
…management and promoting non-oil growth. The minister also pledged to translate macroeconomic stability into shared prosperity through food security, job creation, human development and support for small businesses. (NAN) The post Fitch upgrades Nigeria’s outlook to positive, affirms ‘B’ rating appeared first on Vangua…
…uncertainty as major barriers to investment in Nigeria, despite signs of improving macroeconomic stability.In its 2026 Investment Climate Statements on Nigeria, the department said the country's business environment reflected the effects of "painful but necessary" structural reforms introduced by President Bola Tinubu'…
…assessment of Nigeria’s investment environment, which acknowledged improvements in macroeconomic stability while identifying persistent security, governance and regulatory challenges. The report noted that Nigeria’s investment framework generally permits 100 per cent foreign ownership in most sectors, although certain…
…unification, fiscal restructuring and bank recapitalisation, had helped restore macroeconomic stability and improve investor confidence. However, he said stability alone would not transform the economy. “Stabilisation is necessary; it is not sufficient. The question before Nigeria has therefore shifted from restoring s…
…2027 and 2028. The World Bank attributed the projected improvement to strengthening macroeconomic stability, improved investor confidence and a gradual recovery in private investment. It said: “Economic activity in Nigeria is projected to strengthen from 4.0 percent in 2025 to 4.3 percent in 2026, before edging up to 4…
…working with fiscal authorities, had implemented reforms aimed at strengthening macroeconomic stability, restoring investor confidence and supporting sustainable growth. According to her, businesses are better positioned to plan, invest and expand when inflation moderates, exchange rates are relatively stable and the f…
…stronger foreign reserves to Nigerians facing economic hardship, Keyamo argued that macroeconomic stability was crucial to attracting the foreign investment required to create jobs and develop infrastructure.See more Punch stories on Google.Add Punch on Google He stated, “People say, ‘What will foreign reserves do for…
…need to translate into household-level benefits, saying the next phase was to convert economic stability into better livelihoods. Tinubu’s Independence Day address therefore placed renewed emphasis on the gap between economic recovery at the macro level and the lived experience of households, with the President acknowl…
…can see the change. Each has concluded that our reforms have strengthened Nigeria’s economic stability and resilience,” he said. Tinubu added that the private sector had responded to the reforms, while foreign direct investment continued to rise. The post Independence Day: Nigeria was like cancer patient on morphine, u…
…regulators, not around them. Payments touch the very core of national and continental economic stability. So, we engage early, we listen carefully, and we co-create where possible. We see regulation not as a brake, but as a guardrail that protects consumers, builds confidence and ultimately expands the market we all se…
…development spending, while its broader reform agenda aims to boost revenue and restore economic stability over time.Lagos ranked Nigeria's most indebted stateEarlier, Legit.ng reported that Nigeria's 36 states and the Federal Capital Territory (FCT) owed a combined domestic debt of N4.59 trillion as of June 30, 2026.T…
…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…