The Federal Ministry of Finance has noted recent analysis and public commentary which, citing the World Bank's October 2026 Nigeria Development Update, claims that...
By BLAISE UDUNZE
What makes Nigeria’s fiscal situation particularly troubling is the contradiction between the government’s growing financial obligations and citizens’ expectation that public revenue...
The Central Bank of Nigeria (CBN) says Nigeria’s banking sector raised N4.65 trillion in fresh capital through its recapitalisation exercise, while headline inflation declined...
The Minister of Finance, Taiwo Oyedele says Nigeria is targeting seven per cent economic growth, above the International Monetary Fund’s (IMF) projections.
Oyedele, who doubles...
The Federal Government has ruled out restoring fuel subsidy and multiple exchange rates, reaffirming its commitment to economic reforms in spite of concerns from...
The Developing Eight Organisation for Economic Cooperation has set a target of increasing trade among its member countries to $500bn by 2030, highlighting Nigeria’s...
Petroleum marketers have rejected government-imposed N1,350 price caps on petrol, insisting that market forces, competition and improved distribution efficiency should determine prices in Nigeria’s...
Nigeria's inflation rate fell more than expected in September as headline inflation slowed to 14.63% from 15.39% in August, the National Bureau of Statistics...
Nigeria's gross foreign-exchange reserves jumped by about $3.7 billion in a single trading day to $58.8 billion, the highest level since 2008. The central...
