Economy

Latest Economy News

Tinubu’s Economic Adviser Defends Naira’s Local Strength: $1 Still Gets You a Meal in Nigeria

Despite the naira’s continued slide against the U.S. dollar, President Bola Tinubu’s…

Oluwadara Akingbohungbe

Nigeria’s Vice President Links Low Tax Revenue to Culture of Hidden Wealth

Vice President Kashim Shettima has pointed to widespread wealth concealment as a…

Oluwadara Akingbohungbe

Nigerian Naira Depreciates to ₦1,600 Against US Dollar in Official Market

The Nigerian naira experienced a significant depreciation today, falling to ₦1,600 per…

Oluwadara Akingbohungbe

NCS Rolls Out B’Odogwu System to Transform Trade Facilitation Nationwide

The Nigeria Customs Service (NCS) has taken a major step toward modernizing…

Oluwadara Akingbohungbe

NACC Decries New 14% US Tariff, Warns of Threat to Nigeria’s AGOA Duty-Free Trade Benefits

The Nigerian-American Chamber of Commerce (NACC) has expressed concern over the United…

Oluwadara Akingbohungbe

Nigeria Seeks $10.5m World Bank Loan to Modernize CBN’s Tech and Payment Systems

Nigeria has approached the World Bank for a $10.5 million loan. This…

Genesis Obong

Nigeria Secures Over $1 Billion in World Bank Funding for Key Development Program

Nigeria has secured significant financial commitments aimed at boosting its economy and…

Oluwadara Akingbohungbe

Central Bank of Nigeria Dismisses False Report of New Banknotes

The Central Bank of Nigeria (CBN) has firmly refuted a report circulating…

Oluwadara Akingbohungbe