Nigeria’s Food Inflation Drops To 19.59 Percent.
The National Bureau of Statistics (NBS) has disclosed that food inflation in Nigeria has dropped to 19.59 percent in September 2026, from 20.16 percent recorded - Read more
Federal Government Urged To Attract UAE Funds For Power Grid
Energy experts have urged the Federal government to attract investments from the United Arab Emirates to upgrade electricity infrastructure and improve power supply. The call - Read more
Federal Government Targets Doubling Livestock Sector’s 32 Billion Dollars Contribution.
President Bola Tinubu says Nigeria is targeting more than doubling the livestock sector’s estimated 32-billion-dollar annual contribution to the economy.
DMO Opens Subscription For November 2025 FGN Savings Bond Offer
The Debt Management Office (DMO) has announced the opening of subscriptions for the November 2025 edition of the federal government of Nigeria savings bond.
Tinubu Vows Full Support As Dangote Refinery Targets World’s Largest Capacity At 1.4 MB/D
President Bola Tinubu has reaffirmed his administration’s commitment to supporting the Dangote refinery’s planned expansion from 650 thousand barrels per day to 1.4 million barrels - Read more
CBN Pumps $1.25bn Into Fuel Import, Others
The Central Bank of Nigeria (CBN) has released a total sum of 1.259 Billion dollars to oil sector players for the importation of petroleum products - Read more
Nigeria, Denmark Sign MOU On Digital Transformation, Innovation
The Federal Government, through the Ministry of Communications, Innovation and Digital Economy, has signed a Memorandum Of Understanding (MOU) with Denmark to strengthen collaboration on - Read more
Finance Minister Advocates National Single Window For Economic Stability.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that the implementation of the national single window project will play a pivotal - Read more
Federal Government Threatens To Disconnect Gencos From National Grid Over Infractions.
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has threatened to disconnect power-generating companies from the national grid if they fail to implement - Read more
FG’s Revenue Jumps 40% To N6.9tn In Four Months
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the reforms introduced by President Bola Tinubu’s administration have effectively - Read more
Nigeria’s Net Reserve Hits $23bn, Highest In Over Three Years — CBN
Nigeria’s net foreign exchange reserve as of the end of 2024 stood at 23.11 Billion Dollars, the highest level in over three years, reflecting a - Read more
IMF Downgrades Nigeria’s Economic Growth Forecast For 2024 To 3.1%
The International Monetary Fund (IMF) has cut its forecast for Nigeria’s economic growth in 2024 to 3.1 percent.
Nigeria's Inflation Hit New 28-Year High In June, May Have Peaked
Nigeria’s inflation figure has reached a new height, hitting 34.19 percent for June 2024.