Nigeria Economy
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Latest News
Food Prices Record Slight Decline in Abuja Markets
Prices for staple foods, particularly rice, are starting to slightly decline in a number of markets for residents of the…
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Latest News
Trump’s New Tariff Threat Puts Nigeria’s Fragile Economy at Risk
The United States President Donald Trump’s recent warning to impose a 10% tariff on nations who are part of the…
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Naira Cards Now Active for Global Use as Nigerian Banks Lift Longstanding Ban
Two Nigerian commercial banks have announced the resumption of international transactions on naira cards. United Bank of Africa (UBA) and…
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Lawmakers Vow to Enforce 5% User Charge on Petroleum Products
As required by the Federal Roads Maintenance Agency (FERMA) Act of 2007, the House of Representatives has reaffirmed its commitment…
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Taiwo Oyedele Opens Up on Personal Sacrifices Behind Nigeria’s Tax Reform
Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has revealed the personal and emotional sacrifices he…
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Tinubu Govt Set to Sign 30 MoUs as Nigeria-Brazil SDM Begins in Abuja
With the start of the second session of the Nigeria-Brazil Strategic Dialogue Mechanism (SDM) in Abuja on Tuesday, June 24,…
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Latest News
CBN Pumps $41m into Forex Market as Naira Stays Strong, Oil Prices Climb Amid Mideast Tensions
The naira was stable at around ₦1,549 per dollar as of Thursday thanks to a $41 million injection from the…
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CREDICORP: Nigeria Needs N183trn for Effective Consumer Credit – Nwagba
Nigeria will require over N183 trillion in credit to successfully develop the nation towards an efficient consumer credit facility, according…
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Dangote Targets Overhaul of Downstream Oil Operations in Nigeria
Nigeria’s downstream oil industry is about to undergo a “shakeup,” according to Aliko Dangote, the president of the Dangote Group…
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Former EFCC Chairman Bawa Exposes $450 Million Loss to Petrol Subsidy Fraud
According to Abdulrasheed Bawa, the former chairman of the Economic and Financial Crimes Commission (EFCC), Nigeria lost $450 million as…
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