Latest Economy News

EU-Nigeria Partnership: Deputy House Of Reps Speaker Says Economic Future Is Robust

Nigeria's economic future is secured because of its robust diplomatic and economic…

NNPC Ltd, First E&P Achieve 20,000bpd Production at OML 85

As part of efforts to boost Oil Production in the country, the…

FG to Double Tax Revenue within 4years

The Federal Government has expressed its readiness to double tax revenue in…

Reforming Monetary Policy: CBN commits to boosting foreign exchange liquidity

The Central Bank of Nigeria has traded up to a billion dollars…

Cost of healthy diet in Nigeria rises by almost 100% in one year – NBS

The cost of basic food items that meet minimum nutrient requirements has…

CBN Unveils New Minimum Capital Requirements For Banks…Gives 24 months To Recapitalise

The Central Bank of Nigeria (CBN) has unveiled a new minimum capital…

Food Production : FG Commissions Farm Housing Units, Empowerment Centres In Borno

In a bid to reduce poverty and boost food production, the federal…

Hike in price of Aviation fuel threatens domestic operations

Airline Operators of Nigeria, AON, has raised alarm that the continuous increase…

Senate Summons CBN Governor On State Of Economy , Free Fall Of Naira

The Senate on Wednesday through its committee on Banking , Insurance and…

CBN pays $2bn To Clear FX Backlog, sanctions await market Defaulters

The Central Bank of Nigeria (CBN) says it paid approximately $2 billion…

2024 Budget : FG told to remove N512 billion worth of ‘non-priority ‘ items

Lead Director of the Centre for Social Justice, Eze Onyekpere, has called…

Nigeria will meet 1.7 million bpd in oil production in the 2024 budget – Lokpobiri

The Minister of State, Petroleum Resources, Senator Heineken Lokpobiri, says Nigeria will…