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Economy
CBN and NEXIM Strengthen Partnership to Boost Non-Oil Exports and FX Earnings in…
The Managing Director and Chief Executive of the Nigerian Export-Import Bank (NEXIM), Mr. Abba Bello, has held…
FG borrows N2.69tn from bond market in Q1 2026 as investor demand surges
The Federal Government raised a total of N2.69tn from the domestic bond market in the first quarter of 2026,…
UK Targets £9 Billion Investment Push in Nigeria and Africa as BII Expands…
The United Kingdom has unveiled plans to channel £9 billion in fresh capital into Nigeria and other African…
Investors Shift to State-Led Power Deals in Nigeria’s Electricity Market
Investors are quietly changing how they approach Nigeria’s long-struggling electricity sector, opting for state-led…
Oyedele’s Fiscal Expertise Will Strengthen Nigeria’s Economy Amid Fiscal…
Plateau State Governor, Caleb Mutfwang, has praised the appointment of Taiwo Oyedele as a key economic figure in…
Nigeria Debt Crisis Deepens as Servicing Costs Hit N15.81tn, Sparks Fiscal…
Nigeria’s growing debt burden is once again raising alarm across economic and policy circles, as rising debt…
Tinubu: CBN Clears Airline Debts to Strengthen Nigeria–UK Aviation Ties and Boost…
President Bola Ahmed Tinubu has said that the Central Bank of Nigeria’s (CBN) move to clear outstanding financial…
FAAC Shares N2.03 Trillion as VAT Revenue Declines Again in March
Nigeria’s Federation Account Allocation Committee (FAAC) has disbursed a total of N2.03 trillion among the federal…
Nigeria-UK Relations to Boost Investment Opportunities, Tinubu Assures British…
President Bola Tinubu has reaffirmed that Nigeria’s relationship with the United Kingdom will continue to unlock…
Nigeria Tax Reform 2025: Stakeholders Address Key Challenges in New Tax System at…
The Chartered Institute of Taxation of Nigeria (CITN) has announced that key stakeholders will converge in Abuja…
Poor Infrastructure Continues to Weigh Down Intra-African Trade and Regional…
Poor and in some cases completely missing infrastructure continues to hold back intra-African trade and slow down…
Tinubu Reshuffles Cabinet, Names Taiwo Oyedele as Finance Minister in Major…
President Bola Ahmed Tinubu has carried out a significant but described “minor” cabinet reshuffle, removing Wale…
African Economies Show Resilience Amid Global Tensions, PMI Data Reveals
Africa’s private sector began 2026 on a stronger note, with most economies showing resilience despite mounting…
Pension Returns Catch Up with Inflation in Nigeria After Seven Years, Signalling…
For the first time in seven years, pension returns in Nigeria are beginning to match inflation, offering a…
Lagos Tax Filing Deadline, Aviation Crisis, and Policy Shifts: Key Nigeria…
Nigeria’s business landscape is set for a pivotal week as several major developments unfold between April 20 and…
Top 10 African Countries with the Cheapest Diesel Prices in April 2026: Niger…
Across Africa, diesel prices in April 2026 reveal a sharp divide between countries able to keep fuel affordable and…
FG Borrows N100bn from Unclaimed Funds Trust Account as Domestic Debt Hits…
Nigeria’s Federal Government has raised N100 billion from the Unclaimed Funds Trust Account, a pool of…
Nigeria tax reform shifts burden to consumption as FG cuts import duties, raises…
Nigeria is undergoing a major shift in its fiscal strategy as the Federal Government moves away from heavy reliance…
IMF Endorses CBN Recapitalisation as Nigeria’s Banking Buffers Strengthen…
The International Monetary Fund (IMF) has backed Nigeria’s recent bank recapitalisation exercise, praising the…
FG Refutes Claims of Hidden Spending, Says World Bank Report Misinterpreted
The Federal Government has pushed back against claims suggesting there is “hidden spending” within Nigeria’s…
Naira Strengthens to N1,348 Per Dollar Amid US–Iran Tensions and FX Market…
The Nigerian naira continued its steady recovery on Monday, strengthening to N1,348 per US dollar in the official…
CBN Says Economic Reforms Shield Nigeria From Severe Global Shock Impact
The Central Bank of Nigeria (CBN) has stated that its recent economic reforms have played a key role in shielding…
Nigeria Targets $2.3 Trillion Infrastructure Investment Gap with PPP Push
Nigeria is ramping up efforts to close its massive infrastructure deficit, estimated at $2.3 trillion…
Nigeria Revenue Service to Launch Rev360 Platform to Transform Tax Administration
The Nigeria Revenue Service (NRS) has announced plans to launch its next-generation revenue administration…
Afreximbank profit rises to $1.15bn as assets hit N56.7trn in 2025 financial…
The African Export-Import Bank (Afreximbank) has reported strong financial results for the 2025 fiscal year,…
NNPCL Faces ₦210 Trillion Audit Query as Nigerian Senate Demands Full…
The Nigerian Senate has intensified its oversight of the Nigerian National Petroleum Company Limited (NNPCL),…
Nigeria Not Seeking IMF Loan — Wale Edun Dismisses Borrowing Speculation
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has firmly stated that the…
N1.8tn Contractor Debt Payments in Nigeria: Reps Signal Imminent Release of Funds
There are strong indications that contractors owed by the Federal Government for capital projects may soon begin…
2026 fiscal policy eases imports, tightens energy burden
Nigeria’s economy is entering 2026 with a mixed outlook as new fiscal policy measures ease import duties on…
Nigeria Taxpayer Base Surges to 100 Million Amid Compliance Concerns Over Revenue…
Nigeria’s taxpayer register has expanded dramatically from 10 million to 100 million, marking one of the most…