Tag: Nigeria economy

CBN Blacklists Top Loan Defaulters, Bars Them from New Credit

The Central Bank of Nigeria (CBN) has moved to clamp down on…

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Naira Depreciates to N1,391 as Dollar Strengthens Globally

The Nigerian currency weakened to N1,391 per dollar at the official foreign…

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FG Unveils PenCom Board, Tasks Members on Pension Assets

The Federal Government has inaugurated the board of the National Pension Commission,…

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Petrol Price Hike Fears Rise as Crude Hits $114 Per Barrel

Petrol price hike fears are growing in Nigeria after crude oil surged…

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Nigeria Economy Resilient to Global Shocks, CBN Declares

Nigeria’s economy shows stronger resilience to global shocks, according to the Central…

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63% of Nigerians Fell Into Poverty After Fuel Subsidy Removal

A new study has revealed that about 63 percent of citizens in…

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Tinubu Nominates Lamido Yuguda as CBN Deputy Governor, Awaits Senate Confirmation

President has nominated as Deputy Governor of the (CBN), subject to confirmation…

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Middle East War Drives Transport Fare Hike, Generator Shutdowns Across Nigeria

  Rising global oil prices triggered by the ongoing Middle East conflict…

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CBN Withdraws N13.41 Trillion from Financial System as Liquidity Tightens in January 2026

Nigeria’s financial system experienced a significant liquidity squeeze at the start of…

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Oil Rally Nears $80 as Middle East Crisis Tests Nigeria’s Economy, Naira Slides to N1,375/$1

Escalating tensions involving Israel, Iran and the United States have pushed global…

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