Economy

The Central Bank of Nigeria (CBN) has initiated a re-validation process to verify foreign exchange (FX) claims worth $2.4 billion...

The International Monetary Fund (IMF) has given the green light to an $8 billion reform and financing package aimed at...

The Lagos State government has announced plans to raise the minimum wage for civil servants to N85,000, surpassing the federal...

Nigeria's crude oil production has fallen by 27,000 barrels per day (bpd), according to a new report released by the...

The Federal Government is planning to introduce a 25% personal income tax on Nigerians earning over N100 million annually, according...

The World Bank has commended the efforts of Central Bank of Nigeria (CBN) Governor Yemi Cardoso, highlighting that his monetary...

The Nigerian naira hit a historic low in the parallel market, closing at N1,700 per U.S. dollar on October 14,...

The Federal Government of Nigeria has proposed a significant reform in its tax collection process, allowing taxpayers the option to...

On October 11, 2024, the Nigerian naira weakened against the U.S. dollar, closing at N1,641.27 in the official Investor and...

Foreign capital inflows from BRICS countries into Nigeria surged by 189% in the first half of 2024, reflecting Nigeria's growing...