Economy
Federation Accounts Allocation Committee Approves N7.895bn for NEC Secretariat Despite Widespread Funding Concerns
The Federation Accounts Allocation Committee (FAAC) has approved the disbursement of ₦7.895 billion for the operations of the National Economic...
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Nigeria’s Pension Assets Hit N28 Trillion in January 2026 Amid Steady Growth
Nigeria’s pension industry started 2026 on a steady trajectory, with total assets under management (AUM) rising to ₦28.04 trillion in...
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Investors Bid N2.34 Trillion at Latest Nigerian Treasury Bills Auction, Doubling Offer
Investors submitted bids totaling ₦2.34 trillion at the latest Nigerian Treasury Bills (NTB) primary market auction conducted by the Debt...
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Credit to Nigerian Manufacturers Falls 20% in 2025 Despite CBN Interest Rate Easing
Nigerian deposit money banks disbursed a total of N60.35 trillion in credit to the manufacturing sector during the first nine...
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Nigeria Strengthens Fisheries Sector to Create Jobs for Women and Youth
The Federal Government is intensifying collaboration with fisheries stakeholders and development partners to expand fish farming, increase trade, and create...
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SEDC Unveils Plan to Grow South-East Economy to $200bn in 10 Years
The South East Development Commission has unveiled an ambitious economic blueprint aimed at expanding the South-East economy from an estimated...
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CBN Adds $3.5bn Worth of Gold to Nigeria’s Foreign Reserves
The Central Bank of Nigeria (CBN) has strengthened the country’s foreign reserves with the addition of $3.5 billion worth of...
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World Bank Warns of Looming Youth Employment Crisis in Developing Economies
The World Bank Group has sounded the alarm over a potential employment crisis in developing economies, warning that millions of...
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IMF Warns Middle East Conflict Could Disrupt Global Economy
The International Monetary Fund (IMF) has raised concerns over the escalating conflict in the Middle East, cautioning that the war...
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Nigeria Records N2.28 Trillion VAT Revenue in Q3 2025, Surging 28% Year-on-Year
The Federal Government of Nigeria generated N2.28 trillion from Value Added Tax (VAT) in the third quarter of 2025, marking...
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