Naira Gains Ground at N1,540/$ in Parallel Market Amid Rising Reserves
The Nigerian naira has shown resilience in the parallel market, appreciating to N1,540 per dollar on July 14, 2025, from...
Muhammadu Buhari’s Legacy: Nigeria’s Economic Struggles in Retrospect
In the annals of Nigeria’s post-independence history, few figures have cast as long a shadow as Muhammadu Buhari, whose death...
IMF Applauds Nigeria’s Tax Agency for Major Reforms, Pledges Continued Support
The International Monetary Fund (IMF) has praised the Federal Inland Revenue Service (FIRS) for significant strides in enhancing Nigeria’s tax...
Lagos Court Freezes Afex Commodities’ Accounts Over N17.8 Billion Debt to GTBank
A Federal High Court in Lagos has ordered the freezing of Afex Commodities Exchange Limited’s bank accounts across 60 financial...
Nigeria Challenges New US, UAE Visa Restrictions as Diplomatic Tensions Rise
Nigeria’s Federal Government has voiced strong objections to tightened visa policies imposed by the United States and the United Arab...
Nigeria Targets $32.8 Billion to Electrify 300 Million Africans by 2030
Nigeria’s Federal Government has launched an ambitious plan to secure $32.8 billion in investments to provide electricity to 300 million...
U.S. Imposes Additional 10% Tariff on Nigeria for BRICS Partnership
In a move that has heightened global trade tensions, U.S. President Donald Trump announced on July 6, 2025, that Nigeria...
BDC Operators Explore Mergers and Acquisitions to Meet CBN’s N2 Billion Capital Requirement
Bureau De Change (BDC) operators in Nigeria, represented by the Association of Bureau De Change Operators of Nigeria (ABCON), are...
Nigeria’s Fiscal Deficit to Reach 4.7% of GDP in 2025, IMF Warns
Nigeria’s fiscal deficit is projected to climb to 4.7% of Gross Domestic Product (GDP) in 2025, according to the International...
IMF Endorses CBN’s Tight Monetary Policy to Tackle Nigeria’s Inflation
The International Monetary Fund (IMF) has expressed strong support for the Central Bank of Nigeria’s (CBN) stringent monetary policies aimed...
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