Nigeria's Economic Triumphs and Fiscal Reforms at 65th Independence Day
Nigeria celebrated its 65th Independence Day anniversary with notable achievements in economic growth and fiscal reforms. The country's external reserves grew from 37 billion to 42 billion Naira, while headline inflation decreased by 20 percent.
The Central Bank cut interest rates for the first time in five years, reflecting improved macroeconomic stability. Significant fiscal reforms, including landmark tax bills, have boosted revenue and reduced leakages.
Infrastructure projects, such as the Lekki-Calabar road, have become visible symbols of progress. Nigeria's economy is recovering fast, with tangible results seen in the second quarter of 2025.
The International Air Transport Association (IATA) also recognized Nigeria's efforts in resolving airline fund repatriation issues.
Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.
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