Tag: Nigeria economy

PenCom Unveils Awabah to Bring Pension Coverage to Nigeria’s Informal Workforce

The National Pension Commission (PenCom) has taken a major step toward expanding

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Bank of Industry Gets CBN Approval to Launch Non-Interest Banking Operations

The Bank of Industry (BOI) has secured regulatory approval from the Central

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Nigeria’s Money Supply Hits N124.4trn as Deposits Surge

Nigeria’s money supply climbed to N124.41 trillion at the end of 2025,

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Lagos Leads as State Budgets Rise 45% to N36.98tn in 2026

Lagos State has emerged as the country’s biggest sub-national spender, with a

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Naira Strengthens to N1,450/$ at Parallel Market, Gains for Third Straight Day at Official Window

The Nigerian naira appreciated to N1,450 per US dollar in the parallel

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We Will Not Reverse Reforms, Tinubu Assures World Bank

President Bola Tinubu has reaffirmed his administration’s commitment to Nigeria’s ongoing economic

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Naira Strengthens at Official Market as February Trading Opens on Positive Note

The Nigerian naira opened trading in February 2026 on a stronger footing,

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More than Half of Nigerian CEOs Confident of Revenue Growth in 2026

More than half of Nigeria’s top chief executives are optimistic about revenue

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Naira Ends Week at N1,421.9/$ Despite Global Dollar Weakness

The naira closed the week slightly weaker at the official foreign exchange

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FG Targets Lower Debt Servicing Costs Through Inflation Control

The Federal Government has indicated that cooling inflation in Nigeria could pave

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