Nigeria’s economy recorded stronger growth in the second quarter of 2026, with real GDP expanding by 4.43% year-on-year. The improvement points to growing momentum across several parts of the economy, particularly services, agriculture and the oil sector. However, businesses continue to contend with infrastructure challenges, high operating costs and pressure on household purchasing power. Why it matters: Faster economic growth could create more opportunities for businesses, investors and entrepreneurs if the improvement can be sustained.
Read MoreTinubu Presidency Spends N37.6bn on Travel-Related Expenses in Three Years – Report
The Presidency has reportedly spent about N37.6 billion on travel-related expenses between June 2023 and April 2026, according to an analysis of government spending records. The figure, put at approximately N37.64 billion, reportedly covers expenses linked to presidential travels, logistics, foreign exchange transactions and other costs associated with the Presidential Air Fleet. According to the report, the expenditure was recorded in different periods since President Bola Ahmed Tinubu assumed office in May 2023. The breakdown showed that about N9.19 billion was spent between June and December 2023, while spending…
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