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Quick Summary: Vice President Kashim Shettima says Nigeria’s economy is rebounding due to President Bola Tinubu’s bold reforms, including the removal of fuel subsidy and restoration...
Quick Summary: Central Bank of Nigeria reduces interest rate by 50 basis points to 26.50%, retains key monetary parameters to support economic stability. The Central Bank of...
Quick Summary: Petroleum marketers predict a nationwide reduction in petrol prices after imported fuel becomes cheaper than Dangote Refinery’s gantry rate of ₦799 per liter. Petroleum...
Quick Summary: Corporate Affairs Commission removes over 400,000 inactive firms to boost transparency, investor confidence, and Nigeria’s business credibility. The Corporate Affairs Commission (CAC) has removed more than 400,000...
Quick Summary: Nigerians and investors express outrage over renewed enforcement of 10% Withholding Tax on savings interest, with experts calling for clarity and policy sensitivity. Nigerians...
Summary: On January 5, 2026, the Naira firms at ₦1,510/$1 in the NAFEM window thanks to CBN liquidity boosts and backlog clearances, with parallel rates at ₦1,600-₦1,620/$1 amid Dangote Refinery gains. The first full week of 2026 was supposed to be...
Summary: President Tinubu officially launches the ₦58.18 trillion 2026 budget on January 5, enforcing strict discipline, ending the era of overlapping budgets, and demanding measurable results from...
Quick Summary: Finance Minister Wale Edun assures global investors that Nigeria’s economy remains stable and reform-driven despite recent anti-terror operations in Sokoto, highlighting growth, inflation control,...
Quick Summary: The Labour Party criticizes Ogun State’s ₦1.669 trillion 2026 budget, warning that its reliance on loans could deepen debt and threaten long-term financial sustainability. he Ogun...
Quick Summary: Bukola Saraki emphasizes that Nigeria’s economic reforms must prioritize citizen welfare, inclusive growth, and governance transparency to achieve lasting prosperity. Nigeria’s ongoing economic overhaul stands at...