Economy
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Major job loss looms as shipping firms move to shut down operations over tariff crisis
There are indications that the ongoing tariff crisis in the Nigerian shipping sub-sector has escalated, with some shipping firms considering…
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Middle East Crisis: FG rejects petrol price control amid global oil uncertainty
•Finance Minister, Wale Edun The federal government has said it will not step in to control petrol prices despite…
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Tinubu nominates Lamido Yuguda as CBN deputy governor
•Lamido Yuguda President Bola Tinubu has nominated a former Director-General of the Securities and Exchange Commission, Lamido Yuguda, as…
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Nigeria’s foreign reserves hit $50bn as CBN reforms boost investor confidence
The Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso has revealed that Nigeria’s gross and net foreign reserves improved…
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Nigeria’s external reserves hit 13-year high at $50.45bn
Nigeria’s gross external reserves has climbed to $50.45 billion as of February 16, 2026, the highest level in 13 years.…
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Nigeria’s public debt hits N153.29trn after N900bn increase in Q3 2025 — Debt Management Office
Nigeria’s total public debt reached N153.29 trillion as of September 30, 2025, according to the latest data from the Debt…
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Nigeria’s debt to World Bank surges to $18.7bn, ranks 3rd largest borrower
Nigeria’s debt to the World Bank’s concessional lending arm, the International Development Association (IDA), rose to $18.7 billion as of…
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Nigeria leads charge on global tax, monetary reform, others as G-24 holds technical group meeting in Abuja
The Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24), Dr Iyabo Masha, has outlined…
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No tax burden on land sales, building purchases — FG clarifies
•Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele The Chairman of the Presidential Fiscal Policy and Tax…
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Informal sector pension gap threatens long-term economic security — PenCom
•PenCom boss, Omolola Oloworaran The National Pension Commission (PenCom) has again expressed worry over a large chunk of informal…
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