Latest Economy News

Food importation won’t continue, says President Tinubu

President Bola Tinubu has strongly reaffirmed his administration’s stance against importing food

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CBN orders banks to follow forex policy reforms

The Central Bank of Nigeria has directed banks to strictly comply with

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Nigeria earned N2.33tn from VAT, CIT in Q4 2023 – NBS

Nigeria’s economy witnessed a significant influx of revenue from Value Added Tax

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FG plans fresh Eurobond borrowing in June

The Federal Government has enlisted the expertise of leading global investment banks,

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Why expatriates compete with Nigerian market women, men – CPPE

Melvin Onwubuke     The Center for the Promotion of Private Enterprise

Alade Abayomi ADeleke Alade Abayomi ADeleke

Inflation causes decline in private sector productivity, employment – PMI

By Melvin Onwubuke   The Purchasing Managers’ Index of the Stanbic IBTC

Bisola David Bisola David

Lagos, Niger partner on food production and supply

Melvin Onwubuke   The Governors of Lagos, Babajide Sanwo-Olu and Niger state,

Alade Abayomi ADeleke Alade Abayomi ADeleke

Nigeria needs more stringent measures to secure macroeconomic stability – Fitch

By Melvin Onwubuke Fitch Ratings Inc. has highlighted the need for Nigeria

Bisola David Bisola David

Naira rises against dollar, hits seven-day high

For the third day in a row, the naira and dollar increased

Bisola David Bisola David

Naira devaluation worsens Nigeria’s debt woes

Nigeria's foreign debt has significantly increased as a result of the naira's

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Senate probes CBN officials over N30tn loan

By Melvin Onwubuke   The Senate has announced that, it will question

Bisola David Bisola David

CBN sells 1yr OMO bills at record 21.5%

Melvin Onwubuke The Central Bank of Nigeria sold a historical N1.056 trillion

Alex Omenye Alex Omenye