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Economy
Investor Confidence Drives Nigeria’s Foreign Inflows to $14bn in 2025
Nigeria’s foreign investment landscape received a significant boost in 2025, with combined foreign portfolio…
NGX Crosses N100 Trillion Market Cap as Equities Rally 1.74% in 2026 Kickoff
The Nigerian Exchange (NGX) began 2026 on a high note, with investor optimism and broad-based buying lifting the…
Business Confidence in Nigeria Soars Amid Insecurity and High Taxes
Nigerian businesses are stepping into 2026 with renewed optimism, according to the December 2025 Business…
Nigeria’s Business Activity Expands for 12th Month Amid Rising Caution
Nigeria’s business activity continued its growth streak for the twelfth month in a row in December 2025, according…
FG Adopts Capital De-Risking Strategy to Drive Private-Sector Growth in 2026
The Federal Government has announced a major policy shift toward capital de-risking and private sector–led growth…
Nigeria’s Current Account Surplus Set to Reach $18.81 Billion in 2026 – CBN…
Nigeria’s current account balance is set to strengthen significantly in 2026, with the Central Bank of Nigeria…
Nigeria’s Rising Debt Driven by Exchange Rate Shifts, Not New Borrowing – Budget…
Nigeria’s soaring debt figures are largely the result of exchange-rate revaluation of existing foreign-currency…
Nigeria’s Private Sector Growth Strengthens as PMI Hits 53.5 in December
Nigeria’s private sector concluded 2025 on a strong note, driven by rising customer demand and steady business…
Bank of Ghana Tightens International Money Transfer Rules to Protect Consumers and…
The Bank of Ghana (BoG) has unveiled new regulations for International Money Transfer Operators (IMTOs), signaling…
Nigeria’s Manufacturing Sector Set to Grow 3.1% in 2026, Driving 10.2% of GDP
After a challenging 2025 marked by consecutive quarterly declines of up to 1.25% in real growth, Nigeria’s…
Tax reforms spark tension as shipping lines plan hikes
Tension is building within Nigeria’s maritime sector following the implementation of sweeping tax reforms that took…
2025 Economic Gains Fail to Ease Manufacturers’ Pain as Costs, Policies Bite
Despite the Federal Government’s optimism over economic “gains” recorded in 2025—most notably easing inflation and…
Nigeria’s Oil Revenue Falls Short by N16.2tn Despite Higher Production in 2025
Nigeria’s oil revenue fell sharply short of government projections in the first half of 2025, recording a N16.2tn…
FIRS Confirms NIN Automatically Serves as Tax ID for Nigerians
The Federal Inland Revenue Service (FIRS) has officially confirmed that the National Identification Number (NIN)…
Lawmakers May Suspend January 2026 Tax Reform Over Alleged Gazetted Alterations –…
Nigeria’s planned January 2026 rollout of new tax reform laws could be suspended, following allegations of…
Why Investors Chose Dollar Over Naira Investments Despite Signs of Economic…
Despite recent signs that Nigeria’s economy may be turning a corner, many investors are still cautious. According…
World Bank Set to Approve $500m Loan to Boost MSMEs in Nigeria
The World Bank is expected to approve a $500 million loan for Nigeria on Friday as part of a major push to improve…
NEPAD Reaffirms Commitment to Africa’s Trade Growth under AfCFTA
The NEPAD Business Group Nigeria (NBGN) has reaffirmed its commitment to driving private sector–led economic…
CBN Survey Predicts Business Confidence in Nigeria to Hit 52.8 Points by Mid-2026
Nigeria’s business environment is set for a boost over the next six months, with confidence among businesses…
PenCom Extends Pension Recapitalisation Deadline to June 2027
The National Pension Commission (PenCom) has extended the deadline for pension industry recapitalisation to June…
World Bank Set to Approve $500m Loan to Boost MSME Financing in Nigeria
The World Bank is expected to approve a $500 million loan for Nigeria today (Friday, December 19, 2025), aimed at…
Tinubu Sends N43 Trillion Budget Repeal and Re-enactment Bill to National Assembly…
President Bola Tinubu has formally transmitted the Appropriation, Repeal, and Re-enactment Bill 2 of 2024 to…
SMEDAN Seeks CBN Licence for Microfinance Bank as FG Targets One Million New Small…
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has applied to the Central Bank of Nigeria…
CBN Governor Olayemi Cardoso Highlights Nigeria’s Economic Reforms to US Investors
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, engaged senior business leaders and…
Dollar to Naira exchange rate today, December 17, 2025
The Nigerian Naira showed mixed movements across the foreign exchange market on Wednesday, December 17, 2025,…
Dangote Group Appoints Ex-CBN Director Mahmud Hassan as Group Chief Economist
Dangote Group has strengthened its economic advisory team with the appointment of renowned economist and former…
CBN Approves 82 BDC Licenses: Forex Traders Expect More Approvals Soon
Retail forex traders in Nigeria, known as Bureau De Change (BDC) operators, are optimistic that the Central Bank of…
FG Set to Forfeit N1.4 Trillion in 2026 Through 5% Corporate Tax Cut to Boost…
The Federal Government of Nigeria is set to give up approximately N1.4 trillion in revenue in 2026 by reducing the…
Nigeria, France Seal Tax Administration Deal to Power Digital Reforms Ahead of…
Nigeria has taken another major step toward modernising its tax system as the Federal Government signed a…
CBN Revokes Licences of Non-Compliant BDCs After New Rules Deadline
The Central Bank of Nigeria has formally revoked the licences of all legacy Bureau De Change operators that failed…