Banks’ Recapitalisation Key to Achieving $1trn Economy — CBN   The Central Bank of Nigeria (CBN) has reiterated that the ongoing recapitalisation of commercial banks is central to achieving the Federal Government’s ambition of building a $1 trillion economy by 2030. The...

NGX Enhance Islamic Finance Inclusion, Transparency   The Nigerian Exchange Limited (NGX) is on a mission to enhance market inclusion and transparency within the Islamic finance sector. This, according to a press statement by the NGX on Friday, reaffirming its leadership position...

50 Exemptions and a Billion Questions for Nigeria’s Tax Future, by Adebisi Adams Oyeshakin The new tax reform in Nigeria is not just about who will pay—it is also about who will not. In a move that blends compassion with...

FX Reserves Set to Hit $45bn with Eurobond Boost – Report   Nigeria’s foreign exchange reserves are projected to rise to $45bn by the end of 2025, driven by strong investor confidence following the country’s successful $2.3bn Eurobond issuance, according to...

NUPRC Predicts Significant Increase in Nigeria's Oil Output   The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe, has expressed optimism that Nigeria’s crude oil output will soon witness a significant boost following the completion of a...

FG Unveils New Strategy to Address Food Shortage   The Federal Government has unveiled new agricultural reforms aimed at ending hunger, boosting food production, and reducing post-harvest losses estimated at over $10bn annually, in line with President Bola Tinubu’s Renewed Hope...