Latest Economy News
CBN owes N29.72bn of un-refunded TSA collections – Reps
Nigeria's House of Representatives Committee on Public Accounts says it has recovered…
Niger State Assembly confirms $14.4m Saudi investment plan
Niger State House of Assembly has cleared the air on the alleged…
Staple Food Prices Fall Year-on-Year Despite Monthly Increases
The prices of several staple food items declined significantly in April 2026…
CBN Launches Nigeria New Payment System Vision 2028
The Central Bank of Nigeria (CBN) is charting a new course for…
CBN moves to reduce reliance on cash by 2028
Central Bank of Nigeria, CBN, has unveiled Payments System Vision 2028 to…
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…