Economy
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Despite over $42bn in forex, Nigeria sets N15.09tn for debt servicing in 2026
The Senate, Monday, revealed that N15.09 trillion will be expended to service national debt, with aggregate revenue to fund government’s…
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Marine & Blue Economy Minister approves digitalisation of fish import, eyes economic growth
The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, CON, has approved the digitisation of Nigeria’s fish import licensing…
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Tax reforms will reposition Nigeria among world’s top economies — Engr Hashim
A Harvard University alumnus and Chief Executive Officer of Cubical Vertex Solutions Limited, Engr Abdullahi Hashim, has stated that the…
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Capital flight drains Nigeria of $77.7bn over last decade, weakens her economic growth – Report
A new report by Global Financial Integrity (GFI), a United States-based think tank, has revealed that Nigeria lost a total…
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FG, states, LGs share N1.969trn in December 2025 revenue
A total sum of N1.969 trillion, December 2025 federation account revenue has been shared to the Federal Government, states and…
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CBN admits regulatory friction, unveils roadmap to cut fintech bottlenecks
The Central Bank of Nigeria (CBN) has acknowledged that regulatory friction, high compliance costs and slow approval timelines are constraining…
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Tax Rule: Banks barred from debiting customers’ accounts without consent
•Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele The Presidential Fiscal Policy and Tax Reforms Committee has…
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States get N6.73trn from Federation Account in 11 months
Figures from the Federation Account Allocation Committee (FAAC) for 11 months of last year show a substantial surge in funds…
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CBN sets new ATM deployment policy
The Central Bank of Nigeria (CBN) has established New Minimum Standards for ATM Deployment, Operations, Maintenance, and Security. The…
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Nigeria’s inflation figures don’t reflect reality – Experts lament
Nigeria’s inflation data has continued to spark debate, with economists questioning whether the official figures truly capture the cost-of-living pressures…
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