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Chika Mbonu, an ARISE Business Analyst, stated that Nigeria's recent tariff adjustments are strategically designed to combat inflation and stimulate economic expansion by reducing the cost of essential imports across various sectors.
Nigeria has announced new fiscal policy measures for 2026, featuring significant reductions in import tariffs for approximately 30 items, including vehicles, sugar, and palm oil, aimed at stimulating economic growth and lowering costs.
Former President Goodluck Jonathan has asserted that Nigeria's democracy must demonstrate tangible economic progress to remain sustainable. He made these remarks while launching a research report advocating for stronger links between democratic governance and economic growth.
Alhaji Shehu Dikko, Chairman of the National Sports Commission, has highlighted the significant role of sports in fostering national unity, developing youth, and driving economic growth in Nigeria. He stated that sports effectively break down social barriers and are a key national asset under President Tinubu's administration.
The Bank of Japan has expressed concerns that escalating tensions in the Middle East could negatively impact economic growth due to rising oil prices and supply chain disruptions. Businesses are already reporting pressure from higher input costs and delivery delays.
Professor Epiphany Azinge, the Asagba of Asaba, has advocated for investment prospects in the Nigerian Exchange, aiming to position Asaba as a prominent economic center.
The Federal Government has introduced a new report designed to facilitate Micro, Small, and Medium Enterprises (MSMEs) in tapping into the $3.5 trillion African Continental Free Trade Area market by improving digital trade mechanisms.
Wale Edun, Nigeria's Minister of Finance, emphasizes the government's commitment to enhancing capital mobilization and private investment as key elements for fostering job creation and achieving a $1 trillion economy.
The Managing Director of ARCO Worldwide Services, Okosubide Mozimo, emphasizes the importance of drone technology for Nigeria's security and economic development during a recent partnership signing with NACETEM.
Experts have emphasized the necessity of implementing gender-inclusive reforms to drive Nigeria's economic progress. They point out that ongoing disparities in finance, employment, and leadership roles are hindering development.
The British Council has appealed to Nigerian alumni from UK institutions to leverage their expertise to promote innovation, economic growth, and social transformation through global networks of collaboration.
Bosun Tijani, Nigeria's Minister of Communications, claims that properly managing crises stemming from artificial intelligence can significantly enhance economic growth. He emphasized the importance of organizational preparedness and coordinated responses during a recent conference in Lagos.
President Bola Tinubu has urged the international community and industry leaders to increase investments in skills development aimed at creating job opportunities for Nigerian youth.
Entrepreneurs and industry leaders have called for enhanced support from governments and investors to promote women's economic empowerment in West Africa at the Zoho Women in Business Summit 2026. They emphasized the need for a broader definition of business success that transcends mere financial gain.
Traders in Yobe State have urged the government to enhance the local economy by offering financial support and incentives to small and medium enterprises. This appeal was made during the inauguration of the United Marketers Association in Potiskum.
