FG debunks ‘hidden spending’ claims, clarifies FAAC deductions
Abdullateef Fowewe Nigeria’s Federal Ministry of Finance has dismissed claims of hidden spending and diversion of federation revenue, describing recent...
Economy
FG approves import duty cuts to curb inflation
Abdullateef Fowewe The Federal Government has approved significant reductions in import duties on vehicles, food items, and raw materials to...
Edun leads Nigeria’s delegation to IMF/World Bank Spring Meetings
Abdullateef Fowewe The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is leading the country’s delegation to...
Market cap climbs to N131tn as NGX extends weekly gains
Nike Popoola The market opened for four trading days this week as the Federal Government declared Monday April 6, 2026,...
NICA Nigeria, LPCMC UK, internationalizes Nigerian credit management professionals
Nike Popoola The National Institute of Credit Administration (NICA), chartered, established by Act of Parliament No. 26 of 2022, is...
Afreximbank unveils $10bn Gulf Crisis Response Programme to support Africa, CARICOM
Nike Popoola To counter the severe economic shocks triggered by the escalating conflict in the Middle East, the Board of...
Nigeria achieves oil export milestone with first Cawthorne crude shipment to India
Abdullateef Fowewe Nigeria has launched its first-ever export of Cawthorne crude oil to India, signaling a push to diversify its...
Nigeria’s foreign reserves hit $49.83bn
Nike Popoola Nigeria’s gross foreign reserves stood at $49.83bn as of the end of March 17, 2026 , figures obtained...
Nigeria’s foreign reserves hit $49.83bn
Nike Popoola Nigeria’s gross foreign reserves stood at $49.83bn as of the end of March 17, 2026 , figures obtained...
NGX rallies 1.39% as market capitalisation climbs to N129tn
Nike Popoola The market opened for three trading days this week as the Federal Government declared Thursday March 19 and...