Browsing: Economy

The Central Bank of Nigeria (CBN) has directed all international money transfer operators (IMTOs) to open naira settlement accounts and…

The European Union Monday announced expansion of its strategic partnership with Nigeria, unveiling a €290 million investment package. The announcement was…

The Central Bank of Nigeria (CBN) has reiterated its resolve to drive inflation down to a single-digit range, underscoring its…

CBN directs Banks and fintechs to deploy anti-money laundering toolsanks and fintechs to deploy an anti-money laundering tool that detects…

In a move aimed at cleaning up the country’s tax system, the federal government has officially prohibited the collection of…

Nigeria’s gross external reserves have climbed to $50.45 billion as of February 16, 2026, the highest level recorded in 13…

The Central Bank of Nigeria has cut the interest rate by 50 basis points to 26.50 percent from 27 percent.…

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has stated that the new tax…

The Federal Airports Authority of Nigeria (FAAN) has launched 10 electric shuttle buses and 20 electric saloon cars into airport…

Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), says Nigeria needs to shift its focus from stabilisation to job…