Tinubu Orders Stricter Regulation of Stablecoin Operations President Bola Tinubu has directed financial and capital market authorities to monitor the increasing use of stablecoins and digital currencies in Nigeria, cautioning that the shift away from traditional banking systems presents emerging challenges that must be proactively...

Tinubu's Reform Agenda Yields Results as $20M PepsiCo-DP World Facility Launched in Lagos The Federal Government has reaffirmed its commitment to economic reforms and private sector–driven growth as PepsiCo and DP World unveiled a $20 million production facility in Lagos, signalling renewed investor confidence in...

Edun, Cardoso Vow Stronger Fiscal, Monetary Coordination The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, have pledged to strengthen coordination between fiscal and monetary authorities to consolidate Nigeria’s...

FG, US Strengthen Partnership to Boost Economy - Edun The Federal Government has reiterated its dedication to enhancing trade and investment ties with the United States as part of its broader strategy to drive economic growth and development. This commitment was made during a meeting between...

Edun Hails Rebasing, Q1 2025 GDP Growth as Catalyst for Sustained Economic Takeoff The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has welcomed the release of Nigeria’s rebased 2024 Gross Domestic Product (GDP) figures alongside a 3.13% year-on-year growth estimate...

Structural Hurdles Delay Direct Transfers to LGAs, Says Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured that the Federal Government is working towards the full implementation of the Supreme Court ruling on local government autonomy, but structural issues...