Economy

The Nigeria Revenue Service (NRS) says new tax reforms have positioned the agency to generate N40.7 trillion in taxes and...

Governors of the five South-East states have pledged to contribute N5 billion each in support of the proposed N140 billion...

President Bola Tinubu has approved a fresh one-year extension of the ban on the export of raw shea nuts.  

At the 304th policy meeting held yesterday, the Monetary Policy Committee cut the policy rate by 50 basis points to...

The Federal Government has reaffirmed its commitment to developing Nigeria’s cassava bioethanol value chain as part of efforts to drive...

The Central Bank of Nigeria’s Monetary Policy Committee voted to cut the benchmark Monetary Policy Rate by 50 basis points...

The South-East Development Commission (SEDC) has requested legislative approval for a N140 billion 2026 budget as it unveiled plans to...

The Centre for the Promotion of Private Enterprise (CPPE) has expressed concern over the weak transmission of monetary policy adjustments...

Nigeria’s gross external reserves rose to $50.45 billion as of February 16, 2026, marking the highest level in 13 years, as the...

The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.5% from 27%.