Nigeria’s Current Account Surplus Jumps 256% to $4.98bn on Strong Oil Exports, Lower Fuel Imports
Nigeria’s current account surplus surged by 255.7 per cent quarter-on-quarter to $4.98bn in the first quarter of 2026, driven by ...
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Tag: #NigeriaEconomy
FG Denies Plans to Introduce New Taxes on Telecoms, Fuel Products Amid IMF Report Backlash
The Federal Government has dismissed reports suggesting that it is considering new taxes on telecommunications services and petroleum products following ...
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CBN Offers N450bn Treasury Bills as Borrowing Strategy Shifts Amid Revised Q2 Funding Plan
The Central Bank of Nigeria (CBN) has announced the offer of N450 billion worth of Nigerian Treasury Bills (NTBs) for ...
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FG Releases N2.68tn for Roads, But N54.93tn Budget Faces Massive Implementation Gap
The Federal Government has released about N2.68 trillion for the construction, rehabilitation, and maintenance of roads and bridges across Nigeria ...
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Nigeria’s Inflation Climbs to 15.93% in May as Businesses Cite Middle East Tensions, Energy Costs
Nigeria’s headline inflation rate rose to 15.93 per cent in May 2026, marking the third consecutive monthly increase in the ...
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Naira Edges Higher Against Euro Amid Improved FX Stability and CBN Policy Support
The Nigerian Naira recorded a slight appreciation against the Euro in the fourth trading session of the week, according to ...
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Nigeria’s VAT Revenue Rises to N2.42 Trillion in Q1 2026 as Non-Oil Sectors Strengthen
Nigeria’s Value Added Tax (VAT) collections rose to N2.42 trillion in the first quarter of 2026, reflecting a 17.06% increase ...
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Enoh Calls for Stronger Corporate Governance to Drive Investment, Industrial Growth
The Minister of State for Industry, Trade and Investment, John Enoh, has called for stronger corporate governance and institutional credibility ...
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CBN Governor Cardoso Wins Central Bank Governor of the Year Award in London
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has received the Central Bank Governor of the Year ...
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FG Raises ₦4.678bn from June 2026 Savings Bond as Investor Demand Strengthens
The Federal Government of Nigeria has raised ₦4.678 billion through its June 2026 Savings Bond issuance, reflecting increased participation from ...
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