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FG Spends N611.7bn on Dollar Bond Service in March – DMO

The Federal Government spent N611.71bn in March 2025 to service its first-ever domestic US Dollar-denominated bond.

Money Supply Declines by 0.25%, CBN Discloses

Nigeria’s broad money supply declined for the second time this year, falling slightly to N119.01tn in May 2025, according to fresh data from the Central Bank of Nigeria (CBN).

Nigerians Earning N800,000 or Less Annually Now Exempt from Income Tax

The chairman of the senate committee on appropriations, Solomon Adeola, says Nigerians earning N800,000 or less annually will no longer pay personal income tax under the new tax reform laws signed by President Bola Tinubu.

CBN Reports $3.73bn Current Account Surplus for Nigeria in Q1 2025

‎‎CBN Reports $3.73bn Current Account Surplus for Nigeria in Q1 2025 ‎ ‎ ‎The Central Bank of Nigeria (CBN) has reported a current account surplus of $3.73 billion for the first quarter of 2025, citing growth in non-oil and gas exports as key drivers. The figure reflects...

Nigeria, Conflict-Affected Economies Face Growing Extreme Poverty Crisis – World Bank 

Nigeria, Conflict-Affected Economies Face Growing Extreme Poverty Crisis - World Bank    The World Bank has warned that extreme poverty is growing rapidly in Nigeria and 38 other economies affected by conflict and instability, worsening hunger and pushing development goals further out of reach. The bank made...

Nigeria, Others Top Africa’s $95bn Remittance Inflows

Nigeria, Others Top Africa's $95bn Remittance Inflows   Nigeria, Egypt, and Morocco have been listed as the highest recipients of the $95bn remittance into the African continent in 2024. This was revealed in the State of Africa’s Infrastructure Report 2025 published by the Africa Finance Corporation. The report...