Tag: Nigeria economy

Budget Office Clarifies ₦246bn NEDC Allocation Is Not for Salaries

.The Budget Office of the Federation has dismissed widespread claims that the…

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FG Plans ₦500bn Green Bond in 2026 for Climate Financing

The Federal Government has announced plans to raise ₦500 billion through the…

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Global Leaders Back Uzodimma’s Push to Transform Imo into Investment Powerhouse

A powerful assembly of world leaders, top global executives, and major development…

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CBN Removes Cash Deposit Limits, Raises Weekly Withdrawal Threshold to N500,000

The Central Bank of Nigeria has lifted long-standing cash deposit limits and…

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Cardoso Unveils Strategic Priorities for 2026, Rules Out Deficit Financing

The Central Bank of Nigeria (CBN) has unveiled its policy direction for…

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CBN Holds Interest Rate at 27% Amid Stable Inflation in Nigeria

The Central Bank of Nigeria (CBN) has maintained its monetary policy rate…

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Nigeria’s Slow, Costly Business Climate Drains Up to $20bn Annually, Experts Warn

When President Bola Tinubu unveiled his ambitious economic reforms in 2023, many…

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Nigeria’s External Reserves Hit $46.7 Billion

Nigeria’s external reserves have increased to $46.7 billion as of November 14,…

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Naira Holds Steady at ₦1,448/$1 as FX Liquidity Improves

The naira maintained relative stability on Tuesday as improved liquidity in the…

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Cardoso Applauds S&P Upgrade, Calls Central Bank Nigeria’s Beacon of Economic Stability

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has…

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