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Tax-Exempted Firms Inject N2.53tn into Nigerian Economy – FG
Tax-Exempted Firms Inject N2.53tn into Nigerian Economy - FG
The Federal Government has revealed that the 107 companies which it granted tax exemptions collectively invested...
World Bank Forecasts 3.6% Economic Growth for Nigeria
World Bank Forecasts 3.6% Economic Growth for Nigeria
The World Bank has projected that Nigeria’s economy will grow by 3.6 per cent in 2025, building...
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Latest News
Hajj 2025: CBN Approves Cash-Based BTA for Pilgrims
The Central Bank of Nigeria (CBN) has approved a cash-based Basic Travel Allowance (BTA) for Nigerians performing the 2025 Hajj.
FEPSAN Assures Farmers of Quality Fertilizers Ahead of Planting Season
As preparations intensify for the 2025 farming season, the Fertilizer Producers and Suppliers Association of Nigeria (FEPSAN) has assured Nigerian farmers of timely access to high-quality and affordable fertilizers.
Nigeria’s Revenue at Risk Amid Global Tension – IMF Warns
The International Monetary Fund (IMF) has warned the Federal Government to remain vigilant in the face of mounting global trade tensions.
Tackling Implications of New US Tariffs the CBN Way, By Zekeri...
The Central Bank of Nigeria (CBN) has taken decisive steps to cushion the impact on the country’s foreign exchange (FX) market, amid growing concerns over naira depreciation and macroeconomic instability.
ECOWAS Develops Framework to Manage Mali, 2 Others’ Exit from Bloc
The Council of Ministers of the Economic Community of West African States (ECOWAS) has commenced deliberations in Accra, Ghana, to develop a strategic response to the withdrawal of Mali, Burkina Faso, and Niger from the regional bloc.
Cardoso’s Shock Therapy: Why Nigeria Needs These Reforms, by Rahma Olamide Oladosu
Cardoso’s Shock Therapy: Why Nigeria Needs These Reforms, by Rahma Olamide Oladosu
By any measure, Nigeria’s financial system has been walking a tightrope for years. A...
Economic Confidential
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LATEST ARTICLES
Why ICAN Honored Olowo of FRC, By Abubakar Yusuf
Why ICAN Honored Olowo of FRC
By Abubakar Yusuf
In 2022, Dr. Rabiu Onaolapo Olowo, then Lagos State Commissioner for Finance, received international recognition for his...
China Halts U.S. LNG Imports Amid Trade War
Since early February, China has stopped receiving liquefied natural gas (LNG) from the United States, with the last tanker arriving on February 6 in Fujian province, according to the Financial Times.
Nigeria Partners UK on Gas Sector Framework
The Federal Government has taken a step towards strengthening its gas sector regulatory framework through a partnership with the United Kingdom’s Office of Gas and Electricity Markets.
Despite CBN Efforts to Tame Inflation, Money Supply Surges by 24%
Nigeria’s broad money supply (M3) jumped 24 percent to an all-time high of N114.2 trillion in March 2025, defying the Central Bank of Nigeria (CBN)’s ongoing monetary tightening efforts aimed at reining in inflation.
Aggregate Forex Inflows Fall to $9.63bn
Nigeria’s total foreign exchange inflows fell to $9.63bn in January 2025, down from $10.17bn in December 2024, according to the latest Economic Report released by the Central Bank of Nigeria (CBN) on April 17.
