Latest Economy News
Nigeria’s GDP grows by 3.89% in Q1 2026
Nigeria’s Economy Recorded Stronger Growth In The First Quarter Of 2026, With…
CBN Retains Nigeria’s Interest Rate at 26.5% Amid Inflation Concerns
For another policy cycle, Nigeria’s monetary authorities have opted for caution, as…
Nigeria begins implementation of unified tax ID system
Nigeria Revenue Service, NRS, in collaboration with the Joint Revenue Board, has…
We’ll use pension funds for housing projects, Minister-Designate Darma tells Senate
The Senate has confirmed the nomination of Muttaqha Rabe Darma as Minister…
Tinubu Seeks Approval To Borrow $516.3m for Sokoto-Badagry Super Highway
President Bola Tinubu has requested Senate approval to secure $516.3 million in…
FAAC Allocation Rises On Higher Revenue
Nigeria’s three tiers of government have shared over two trillion naira from…
FG Denies “Hidden Spending”, Defends FAAC Deductions
The Federal Ministry of Finance has dismissed claims of hidden spending and…
$500m Boost Positions Nigeria As Aviation Investment Hub
About $500 million has been invested by the Federal Government in upgrading…
Afreximbank Backs $4bn Dangote Refinery Deal
African Export Import Bank, Afreximbank has taken the lead in a $4…
World Bank funds N20bn research on Nigeria’s digital economy
Federal Government has launched the National Digital Economy Research Clusters with Nigerian…
Nigeria’s New Personal Income Tax Deadline In Focus
Nigeria’s March 31 Personal Income Tax deadline is here—and it’s serving as…
CBN Issues New FX Directive for Money Transfer Operators
Nigeria’s foreign exchange market may be heading for greater transparency as the…