The NNPCL introduces the Utapate crude oil blend to the global market at the Argus European Crude Conference, spotlighting its potential to enhance Nigeria’s oil revenue
Naira weakens to N1750/$ at the black market amid dollar demand pressure, while official markets see a slight recovery to N678.6/$
Nigeria’s Federal Government approves the Medium-Term Expenditure Framework (2025–2027), proposing a N47.9 trillion budget for 2025
NBS is set to release Nigeria’s October inflation data, with projections indicating a rise to 33.29% as Exchange rate fluctuations continues
President Tinubu, at the All Nigerian Editors’ Conference, discusses Nigeria’s economic rebound and reform strategies
With food insecurity in Nigeria set to affect 33 million by 2025, economic hardship, climate change, and conflict aggravate the crisis.
In 2024, Nigerian states allocated a massive N243.2 billion to debt charges, with Ondo State leading at N64.6 billion
Financial experts back Nigeria’s proposed 25% income tax for the wealthiest, calling it a key step toward economic recovery and fairer wealth distribution
CBN reassures the public that old N200, N500, and N1,000 naira notes will remain legal tender indefinitely contrary to claims of expiration by December 31, 2024.
Nigeria’s fiscal deficit reaches N4.3trn in Q2 2024, driven by surging debt service costs and recurrent expenditures, despite increased revenue from exchange rate gains and improved tax efficiency.
