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Net FX Reserves Hit $23.11bn in 2024, Says CBN
Net FX Reserves Hit $23.11bn in 2024, Says CBN
Nigeria’s net foreign exchange reserves rose significantly to $23.11bn at the end of 2024, marking the...
NESG Calls for VAT Hike to Sustain Govt Revenue
NESG Calls for VAT Hike to Sustain Govt Revenue
The Nigeria Economic Summit Group has warned that the Federal Government could face revenue shortfalls if...
Latest News
W’Bank to Approve Nigeria’s $632m Loan Request
The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile.
Revenue-Generating Agencies Owe FG N9.3tn, NEITI Says
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that revenue-generating agencies currently owe the government a total sum of N9.3tn in unremitted liabilities.
NASS Recovers Additional $14m from Oil Companies
The National Assembly’s House of Representatives Public Accounts Committee has recovered an additional $14.2m (N21.4bn) from four oil and gas companies.
NNPCL, Dangote and the Crude Supply Mess, By Umar Farouk...
NNPCL, Dangote and the Crude Supply Mess
By Umar Farouk Bala
For a brief moment, Nigerians dared to hope. Fuel supplies had stabilized, and prices, after...
Tinubu’s Promising Revolution in Infrastructure Development, By Chinedu Moghalu
Tinubu’s Promising Revolution in Infrastructure Development
Chinedu Moghalu
Pull Quote: The bold vision of President Tinubu is indeed central to the country’s infrastructure renewal, but...
Artificial Intelligence Through the Eyes of Kashifu Inuwa, By Fatimah Yusuf...
Artificial Intelligence Through the Eyes of Kashifu Inuwa
By Fatimah Yusuf Usman
In a world where artificial intelligence is often portrayed as a force threatening to...
Economic Confidential
LATEST ARTICLES
CBN Deepens Fight Against Forex Speculators as Naira Slides
CBN Deepens Fight Against Forex Speculators as Naira Slides
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank remains resolute...
CBN: Empowering Nigerian Youths Through Credit Access and Capacity Building, by Rahma Olamide Oladosu
CBN: Empowering Nigerian Youths Through Credit Access and Capacity Building, by Rahma Olamide Oladosu
As part of its own contribution to the empowerment of Nigerian...
Local Refineries may Import $1.4bn Crude Monthly
The Dangote Petroleum Refinery and some modular refineries in Nigeria may spend about $8.56bn to import an estimated 122,400,000 barrels of crude oil.
Benin, Togo owe Nigeria $8.8m Electricity Debt – NERC
Benin Republic and Togo owe Nigeria $8.84m for the electricity consumed in the fourth quarter of 2024. The Nigerian Electricity Regulatory Commission (NERC) revealed.
Naira-for-Crude Deal Could Isolate Nigeria from Global Markets – Depot Owners
The Executive Secretary of the Depot and Petroleum Products Marketers Association of Nigeria, Olufemi Adewole has condemned the sale of crude oil in naira.