Economy
NRS Sets N40.7 Trillion Revenue Target for 2026 Fiscal Year
The Nigeria Revenue Service (NRS) has set a revenue target of N40.7 trillion for the 2026 fiscal year, covering taxes,...
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States Back Tinubu’s Executive Order 9, Stress Fiscal Governance Over Revenue Gains
The Forum of State Commissioners of Finance has expressed support for President Bola Tinubu’s Executive Order 9, describing the policy...
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FG – Nigeria Needs 10–12% Annual Growth to Achieve $1tn Economy
The Federal Government has said Nigeria must record sustained annual economic growth of between 10 and 12 per cent over...
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FG Boosts Cassava Bioethanol Value Chain to Drive Industrial Growth and Economic Stability
The Federal Government of Nigeria has reaffirmed its commitment to developing the cassava bioethanol value chain as part of efforts...
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Central Bank of Nigeria: Banks Raise N4.05 Trillion as Recapitalisation Deadline Nears
Banks have raised a total of N4.05 trillion under the ongoing recapitalisation programme of the Central Bank of Nigeria, with...
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New Tax Laws Will Drive Nigeria’s Transition to Modern Economy — Iyabo Masha
The Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, Iyabo Masha, has said Nigeria’s new...
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CBN Cuts Benchmark Interest Rate to 26.5% Amid Easing Inflation
The Central Bank of Nigeria (CBN) on Tuesday reduced its Monetary Policy Rate (MPR) to 26.5 percent, marking the second...
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Nigeria Customs Service Launches Full Automation of Trade Licences and Permits
The Nigeria Customs Service (NCS) has commenced full automation of trade licence and permit applications for importers, Customs brokers, ship...
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Ondo Signs MoUs for Deep Seaport, Fertiliser Plant at Investment Summit
The Ondo State Government has signed Memoranda of Understanding with two investors for the development of a deep seaport in...
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Naira Weakens as FX Inflows Drop, BDCs Yet to Access Dollars from Banks
The naira on Monday weakened across multiple segments of Nigeria’s foreign exchange (FX) market as weekly inflows declined, while Bureau...
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