Nigeria’s economy posted its strongest quarterly growth in ten years at the close of 2024, according to the World Bank. The country’s GDP grew by 4.6% year-on-year in the fourth quarter (Q4), driven by stronger fiscal performance, sustained reform efforts, and improved macroeconomic indicators. During a presentation on Monday, Alex Sienaert, the World Bank’s lead […]

Lagos State recorded a 45% increase in revenue in 2024, reaching N1.3 trillion—up from N895 billion in 2023. This was disclosed by the Commissioner for Finance, Abayomi Oluyomi, during a statement commemorating the second anniversary of Governor Babajide Sanwo-Olu and Deputy Governor Obafemi Hamzat’s second term in office. Speaking at the annual ministerial briefing on