Economy

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has criticized Nigeria’s tax system, describing...

The African Forum on Research and Innovation (FARI) is the ECOWAS forum dedicated to the promotion of science, Technology, and...

The International Finance Corporation (IFC) has announced a significant equity investment of up to $50 million in Lagos Free Zone...

Four Nigerian banks—Zenith Bank, Access Holdings, FCMB Group, and Fidelity Bank—have rejected a total of N4.8 billion in investor subscriptions...

The Nigerian government has introduced the Contactless Passport Renewal System across Europe, allowing Nigerians in the diaspora to renew their...

The World Bank has called on Nigeria’s Federal Government to eliminate obstacles hindering private sector expansion, emphasizing that targeted reforms...

The Federal Government of Nigeria is engaging the World Bank for two new loans totaling $580 million, set for approval...

Nigeria’s exchange rate saw a remarkable surge in January 2025, appreciating by N63.72 to close at N1,474.78 per dollar on...

The Central Bank of Nigeria (CBN) has reiterated its confidence that the naira will stabilize as investor confidence strengthens. CBN...

Domestic investors in Nigeria’s equities market reached a record high in 2024, executing transactions worth N4.73 trillion—far surpassing foreign investors’...