Tinubu Signs Landmark Nigerian Insurance Industry Reform Bill into Law
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill, 2025 into law, marking a significant milestone in ...
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Tag: #NigeriaEconomy
IMF Raises Nigeria’s 2025 Growth Forecast to 3.4%, Urges Structural Reforms
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast upward, projecting a 3.4% GDP growth in 2025 and ...
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Nigeria’s Economy on Steady Course Despite Global Shocks — CBN Governor
As global headwinds continue to pressure financial markets, the Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, ...
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Nigeria Loses $18bn Yearly to Illicit Financial Flows — FIRS Chairman
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has revealed that Nigeria loses $18 billion ...
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CBN Governor Warns of Inflation Risk from Rising FAAC-Induced Liquidity
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed concern over mounting inflationary risks tied to rising ...
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CBN Injects $4.1bn into FX Market in H1 2025 to Defend Naira
The Central Bank of Nigeria (CBN) injected a total of $4.1 billion into the foreign exchange (FX) market in the ...
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FG Targets N360bn from Q3 2025 Bond Sales
The Federal Government of Nigeria, through the Debt Management Office (DMO), has unveiled plans to raise up to N360 billion ...
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World Bank Again Classifies Nigeria as Lower-Middle Income Economy in 2025/2026 Report
For yet another year, the World Bank has classified Nigeria among the Lower-Middle Income Economies (LMIEs) in its 2025/2026 country ...
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Nigeria’s Currency in Circulation Hits N5.015 Trillion in May 2025
The total currency in circulation (CIC) in Nigeria rose to N5.015 trillion in May 2025, according to the latest data ...
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Nigeria Posts $3.73bn Current Account Surplus in Q1 2025 on Strong Export Growth
Nigeria recorded a current account surplus of $3.73 billion in the first quarter of 2025, reflecting improved trade performance driven ...
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