Economy
Nigeria’s External Reserves Drop by $731m in April Despite CBN’s Optimistic Outlook
Nigeria’s external reserves recorded a notable decline in April 2026, falling from $49.18 billion at the start of the month...
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CBN Strengthening Policies to Build Resilient Economy – Usoro
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to building a resilient economy capable of supporting the aspirations...
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LCCI Raises Alarm as Inflation Rises to 15.38%, Calls for Urgent Economic Reforms
The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern over the latest inflation data released by the National...
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Oyedele Pledges Continuity as Finance Minister, Vows to Sustain Economic Reforms
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has reaffirmed his commitment to sustaining ongoing economic...
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FG Borrows N2.69tn from Bond Market in Q1 2026 as Investor Demand Surges
The Federal Government borrowed N2.69tn from the domestic bond market in the first quarter of 2026, buoyed by strong investor...
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Economic Reforms Showing Early Stability Signs – Nigeria’s UN Envoy
Nigeria’s Ambassador and Permanent Representative to the United Nations, Jimoh Ibrahim, has said that the economic reforms introduced by President...
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CBN’s OMO Sales Jump 426% to N18.79tn in Q1 2026
Nigeria’s monetary authorities significantly intensified money market interventions in the first quarter of 2026, as the Central Bank of Nigeria...
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Nigeria Plans N700 Billion Domestic Bond Sale Amid Sustained High Interest Rates
The Federal Government, through the Debt Management Office (DMO), plans to raise N700 billion from the domestic debt market in...
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CBN Elevates Diaspora Remittances as Core Pillar of Nigeria’s FX Stability Strategy
CBN Governor, Olayemi Cardoso, has redefined diaspora remittances as a strategic pillar of Nigeria’s foreign exchange stability, saying the country...
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Nigeria’s Debt Servicing Rises to N15.81tn in 2025 Amid Surge in Domestic Interest Payments
Nigeria’s total debt servicing climbed to N15.81tn in 2025, representing a N2.98tn increase from N12.83tn recorded in 2024, according to...
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