Economy
National Assembly Approves Tinubu’s Request to Raise $2.35bn for Budget Deficit and Eurobond Refinancing
The National Assembly has approved President Bola Tinubu’s request to raise a total of $2.347 billion from the international capital...
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Manufacturers Warn of Fragile Recovery as Sector Credit Drops to N7.72tn
The Manufacturers Association of Nigeria has raised alarm over a 9.5 per cent decline in credit to the manufacturing sector,...
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CBN Reports Decline in Money Supply as Monetary Tightening Continues
The Central Bank of Nigeria (CBN) has reported a decline in the country’s money supply for September 2025, reflecting the...
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FIRS Orders 10% Withholding Tax on Short-Term Securities Interest
The Federal Inland Revenue Service (FIRS) has issued a directive requiring banks, stockbrokers, and other financial institutions to deduct a...
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Nigeria Faces Potential Revenue Shortfall as Global Oil Prices Dip
Nigeria and other oil-dependent economies may face reduced revenue as crude oil prices dropped again on Wednesday, marking the third...
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States Could Earn Over N4tn Annually from 2026 as VAT Reforms Take Effect — Oyedele
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has projected that Nigerian states could...
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Rice Prices Fall Sharply Across Lagos Markets, Consumers Relieved
The price of rice has dropped significantly across major Lagos markets, providing much-needed relief for consumers but sparking concern among...
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FIRS Generates N22.59tn in Nine Months, Surpasses Annual Target by 115%
The Federal Inland Revenue Service (FIRS) has recorded a major revenue milestone, generating ₦22.59 trillion between January and September 2025,...
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CBN Releases $1.26bn for Fuel Imports Despite Dangote Refinery Output
The Central Bank of Nigeria (CBN) has disbursed a total of $1.259 billion to oil sector players for the importation...
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LCCI Urges FG to Review 4% Export Levy, Expand Exempted Product List
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to review the four per cent...
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