Economy
FG Reaffirms Commitment to Crude-for-Naira Initiative Despite Temporary Halt
FG Pledges Continuation of Crude-for-Naira Initiative to Support National Economy The Federal Government has reassured Nigerians that the Crude-for-Naira initiative...
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Nigeria May Soon Exit FATF Grey List Following New Digital Assets Regulation in ISA 2025
Nigeria may soon exit the Financial Action Task Force (FATF) grey list, following the inclusion of digital assets regulation in...
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Nigeria Records $6.83 Billion Balance of Payment Surplus in 2024, Signaling Economic Revival
Nigeria Achieves $6.83 Billion Balance of Payment Surplus in 2024, Indicating Economic Recovery Nigeria has recorded a balance of payments...
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Nigerian Manufacturers Earn N494.2 Billion from Export in Q4 2024 Despite Exchange Rate Volatility Challenges
Nigeria’s manufacturing sector saw a remarkable surge in export earnings in the fourth quarter of 2024, generating N494.2 billion, a...
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Aliko Dangote Foundation Launches N16 Billion Food Intervention Project to Aid One Million Nigerians
The Aliko Dangote Foundation (ADF) has officially launched its 2025 Annual National Food Intervention Project, valued at N16 billion, aimed...
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Russia Turns to Cryptocurrencies for Oil Trade Amid Sanctions
Russia turns to cryptocurrencies, such as Bitcoin and Tether’s USDT, to navigate its foreign oil trade, particularly with China and...
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NESG Appoints Olusegun Alebiosu, Mohamad Darwish and Wole Adeniyi as Board Members strengthening its Leadership
The Nigerian Economic Summit Group (NESG) has announced the appointment of three leaders, Mr Wole Adeniyi, Mr Mohamad Darwish, and...
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CBN Warns Against Fake Claims of Uncredited Foreign Currency Transfers
The Central Bank of Nigeria (CBN) has issued a strong warning against the increasing number of fraudulent claims made by...
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Nigeria’s Macroeconomic Environment Now Investor-Friendly, Says Finance Minister Wale Edun
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has declared that Nigeria's macroeconomic environment is now...
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FG Plans Massive Borrowing and Debt Servicing Allocation in 2025-2027 Fiscal Strategy
The Federal Government of Nigeria has unveiled its 2025-2027 Medium-Term Expenditure Framework and Fiscal Strategy Paper, outlining a substantial shift...
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