Tony Elumelu, Chairman of Heirs Holdings, has called for a significant increase in Nigeria’s oil production to support economic diversification, infrastructure development, and national growth. Speaking...
Nigeria’s treasury bills auction on February 19, 2025, attracted N2.41 trillion in total bids, reflecting strong but slightly reduced demand compared to N3.22 trillion at the...
Minister of Foreign Affairs, Yusuf Tuggar, has called for urgent global economic reforms at the G20 Foreign Ministers’ Meeting in Johannesburg, South Africa. Tuggar highlighted the...
State governments in Nigeria have set a tax revenue target of approximately N3.12tn for the 2025 fiscal year, representing a significant increase from the N2.01tn targeted...
The Federal Government has reiterated its commitment to actively exploring non-oil revenue sources to reduce dependence on crude oil earnings and strengthen the economy. Speaking at...
According to the latest data from the Central Bank of Nigeria (CBN)’s Monthly Economic Report, Nigeria’s consumer credit outstanding surged by 26.29% to N4.42 trillion in...
The Corporate Affairs Commission (CAC) has alerted business owners, clubs, associations, and NGOs to its Administrative Proceedings Committee (APC). The APC has the authority to impose...
The Nigerian government is in discussions with the World Bank to secure new loans exceeding $500 million to enhance education and nutrition initiatives. Details from the...
The Central Bank of Nigeria (CBN) has introduced new guidelines limiting Bureau de Change (BDC) operators to purchasing a maximum of $25,000 per week from a...
The Federal Government has announced plans to issue bonds totaling N758bn to clear outstanding pension obligations. This covers debts accrued under the old Defined Benefit Scheme...