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Economy
Naira Strengthens to N1,337/$ Amid Global Peace Talks: What It Means for Nigeria’s…
The Nigerian Naira has shown signs of recovery, strengthening to N1,337 per U.S. dollar at the official foreign…
FG Launches GROW Fund to Empower 6,122 Young Entrepreneurs in Nigeria
The Federal Government of Nigeria has officially launched the GROW Fund, a financing initiative aimed at supporting…
Tinubu Advocates for Fairer African Financial System to End High Borrowing Costs
President Bola Tinubu has called for a more equitable global financial system, highlighting that African countries…
Nigeria’s Stock Market Rally Signals Strong Economic Growth, Says President Tinubu
President Bola Tinubu has highlighted the sustained rally in the Nigerian stock market as a clear reflection of the…
No Power, No Growth: Aliko Dangote Urges Urgent National Retreat to Fix Nigeria’s…
The President and Chairman of Dangote Industries Limited, Aliko Dangote, has warned that Nigeria cannot achieve…
Nigeria Tax Reform Committee Clarifies No 25% Levy on Construction or Bank Funds
The Presidential Fiscal Policy and Tax Reforms Committee has dismissed circulating claims of a 25 per cent tax on…
NRS Launches E-Invoicing for Medium-Sized Businesses to Boost Tax Transparency
The Nigeria Revenue Service (NRS) is introducing a major digital shift for medium-sized enterprises with its new…
Dangote Group Invests $400 Million in Equipment to Expand Refinery and Boost…
Dangote Group has taken a major step to accelerate its industrial ambitions, signing a $400 million agreement with…
65% of Nigerians Demand Lower Interest Rates Ahead of CBN MPC Meeting
As the Central Bank of Nigeria prepares for its 304th Monetary Policy Committee (MPC) meeting on February 23–24,…
Dangote Local Production Drive Gains Momentum at Kaduna Trade Fair
Stakeholders at the 47th Kaduna International Trade Fair received a clear message about Nigeria’s industrial future…
Nigeria’s Capital Importation Hits Six-Year High of $16.7bn in First Nine Months…
Nigeria’s capital importation surged to a six-year high, attracting a total of $16.7 billion in the first nine…
Tax Reforms to Modernise Nigerian Economy – Iyabo Masha Ahead of G-24 Meeting
Nigeria tax reforms will play a central role in modernising the economy and strengthening public finances,…
Dollar Inflows Surge to $3 Billion in January, Boosting Hopes for Nigerian…
Nigeria may be on the verge of easing its high interest rates as improved foreign exchange (FX) liquidity…
World Bank Endorses Nigeria’s Bank Recapitalisation to Boost Private Sector Growth
The World Bank has applauded the Central Bank of Nigeria’s (CBN) ongoing banking sector recapitalisation, calling…
Nigeria’s 15% Minimum Effective Tax Rate Reshapes Investment Strategy for Large…
Nigeria has officially introduced a 15 percent Minimum Effective Tax Rate (ETR) for large domestic companies and…
Nigeria Revenue Service Sets Ambitious N40.7 Trillion Revenue Target for 2026
Nigeria Revenue Service (NRS) has unveiled an ambitious revenue target of N40.711 trillion for 2026, marking a 44%…
Nigeria Records $21 Billion Capital Inflows in 10 Months as Investor Confidence…
Nigeria’s capital importation surged to $21 billion within the first ten months of 2025, marking a 75% increase…
African Families Struggle as Cost of Living Soars: Only 1 in 10 Nigerians Earn…
Across Africa, families are feeling the squeeze as the cost of living climbs, leaving households financially…
Nigeria’s Capital Importation Soars to $21 Billion in 10 Months of 2025, Signaling…
Nigeria witnessed a significant surge in capital inflows, recording approximately $21 billion in the first 10…
Nigeria Revenue Service Sets Ambitious N40.7 Trillion Target After N28.3 Trillion…
The Nigeria Revenue Service (NRS) has announced a record-breaking revenue collection of N28.3 trillion in 2025,…
NEC Calls for Unity and Delivery-Focused Reforms in Nigeria’s $1 Trillion Economy…
Nigeria’s drive to become a $1 trillion economy took center stage yesterday as the National Economic Council (NEC)…
SEC Urges Nigerian Civil Servants to Invest in Capital Market for Wealth and…
Nigeria’s Securities and Exchange Commission (SEC) has called on civil servants to actively engage in the capital…
Nigeria Records $10.83bn Trade Surplus in 2025 Amid Rising Exports
Nigeria achieved a trade surplus of $10.83 billion in the first nine months of 2025, as exports of $44.06 billion…
World Bank Warns of Digital Job Risks Amid Weak Regulation in Developing Countries
The World Bank has issued a cautionary note about the rising trend of digital jobs, highlighting both the…
Nigeria Must Reduce Debt Reliance, Says Wale Edun, Urges Stronger Domestic Revenue…
Nigeria must reduce its dependence on borrowing and build a stronger domestic revenue base to secure long-term…
CBN Approves $150,000 Weekly FX Sales to BDCs to Boost Naira Stability
The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in…
Nigeria to Deploy 22 New Cargo Scanners by Q3 2026 to Boost Trade Modernisation
Nigeria’s trade modernisation drive is set to gain fresh momentum as the Trade Modernisation Project (TMP) Limited…
Nigeria’s Economic Growth Slows Amid Weak Industrialisation and Job Deficit,…
Nigeria’s economic growth is facing significant headwinds as weak industrialisation, limited investment, and…
NCDMB Champions Africa-Wide Collaboration to Boost Oil and Gas Growth
The Nigerian Content Development and Monitoring Board (NCDMB) has called for stronger Africa-wide collaboration to…
Nigeria’s Economic Stability at Risk: CBN Warns of Excess Liquidity and 2027…
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has raised concerns over the potential impact of excess cash…