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The Business NG - July 28, 2025

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In this issue

BusinessNG Editorial Focus – July 28, 2025
Nigeria’s Fragile State Tag: A Wake-Up Call

The IMF and World Bank’s classification of Nigeria as a Fragile and Conflict-Affected State is a searing indictment of years of leadership failure, insecurity, and economic mismanagement. This isn’t just a bureaucratic label—it signals increased global scrutiny and risks to investment and international partnerships.

With violence stretching from the Northeast to the Niger Delta, institutional decay, and a faltering economy overly reliant on oil, Nigeria’s systemic vulnerabilities have come to a head. The government must now treat this designation as a wake-up call.

The path forward demands urgent reforms: security overhaul, economic diversification, anti-corruption enforcement, and inclusive governance. Investors will not wait forever. If Nigeria fails to act decisively, this “fragile” label could become permanent—and costlier.

Reps Push Bill to Ban Public Officials from Private Schools, Hospitals

A bill seeking to bar Nigerian public officials and their families from patronising private schools and hospitals has sparked widespread debate across the country, reigniting conversations about the rot in public education and healthcare.

1 mins

IMF Flags Nigeria as Fragile State, Warns of Deepening Crisis

Nigeria's classification in July 2025 as a Fragile and Conflict-Affected State by the International Monetary Fund (IMF) and the World Bank marks a sobering moment in the nation's history.

1 mins

FX Woes Knock Nigeria Out of Africa's Top 3 Economies Despite GDP Surge

The National Orientation Agency (NOA) has said Nigeria's economy is growing steadily in naira terms, but volatile foreign exchange rates are distorting its true strength on the global stage.

1 mins

Bank Boom: Nigeria Hits 320 Million Active Accounts

Nigeria's banking sector is booming, with the number of active bank accounts soaring to an unprecedented 320 million as of March 2025, according to new data released by the Nigeria Inter-Bank Settlement System (NIBSS).

1 mins

Read all Stories from The Business NG

The Business NG Description:

Publisher: Tuns-Media-&-Comm-Enterprise

Category: Newspaper

Language: English

Frequency: Weekly

The BusinessNG, a leading business news publication across Nigeria and WestAfrica With a strong team of 30 staff members and a weekly print circulation of over 10,000 copies, we are poised for growth and report all political relating to business news at all level