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IMF Warns Rising Prices Could Worsen Poverty In Nigeria Despite Economic Gains

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The IMF’s October 2026 World Economic Outlook warns that Nigeria’s improved macroeconomic stability has yet to ease poverty and food insecurity, even as the Fund raises its growth forecast to 4.2% for 2026.

Rabiu Urges Nigeria To Boost Local Manufacturing, Cut Import Depen

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Speaking at the 32nd Nigerian Economic Summit, BUA Group Chairman Abdul Samad Rabiu called on Nigeria to shift from being a consumer of imported goods to a manufacturing and export-driven economy, citing the cement industry as a model.

Manufacturers Kick Against New Excise Stamp Regulations, Cite Hidden Tax Burden

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The Manufacturers Association of Nigeria has warned that new Customs excise stamp regulations could impose a hidden compliance tax on industry.
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