Nigeria moved into a net lending position of $320 million in the third quarter of 2025, marking a sharp turnaround…
Browsing: ECONOMY
Nigerian banks will begin charging a ₦50 stamp duty on electronic transfers of ₦10,000 and above from January 1, 2026,…
Nigeria posted an overall Balance of Payments (BOP) surplus of $4.60 billion in the third quarter of 2025, reversing the…
CBN Nigeria’s economic activity recorded its strongest momentum in nearly five years in December 2025, as the Composite Purchasing Managers’…
The Central Bank of Nigeria (CBN) has shared its economic plans for 2025. It shows a mix of hope and…
Nigeria’s foreign direct investment (FDI) inflows surged to $720 million in the third quarter of 2025, marking a sharp rebound…
Nigeria’s external reserve is projected to rise to $51.04 billion in 2026, supported by stronger oil earnings, foreign exchange (FX)…
Nigeria’s public debt is projected to rise to 34.68 per cent of Gross Domestic Product (GDP) by the end of…
Billionaire businessman Femi Otedola has sold his majority stake in Geregu Power Plc for N1.088 trillion, marking a major shift…
The Federal High Court in Abuja has declined to grant an application seeking to restrain the Central Bank of Nigeria…