30-May-2026
Economy News
 
Nigeria's Tinubu Says Reforms Stabilising Economy Despite Hardship
30-May-2026

Nigerian President Bola Ahmed Tinubu said on Friday his economic reforms stabilised the country and revived investor confidence, despite a steep cost-of-living squeeze on households three years into his presidency. Tinubu, who is seeking re-election in January, cited a near fivefold surge in the stock market to a record 250,000 points, rising market capitalisation and increased infrastructure spending, including more than 2,700 km (1,678 miles) of roads under construction or rehabilitation, and ongoing rail upgrades.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-29/nigerias-tinubu-says-reforms-stabilising-economy-despite-hardship