Duke Canvasses Strategic Policy Adjustments To Fuel Subsidy, Economy
News Investigators/ The presidential candidate of People’s Redemption Party (PRP), Donald Duke, has stressed the need for exploring strategic alternatives to the current fuel subsidy framework and broader economic policies to help support sustainable…
Stock Market Sheds N2.1tn as Investors React to CBN’s Revised Open Market Operation Framework
*Equities sustain eight-day losing streak as investors take profit The Nigerian stock market lost about N2.1 trillion in market capitalisation last week as investors reacted to the Central Bank of Nigeria’s (CBN) revised Open Market Operations (OMO)…
Tinubu Minister Blasts Nigerians for Attacking World Bank Over Nigeria’s Loans
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has criticised Nigerians who attacked the World Bank on social media over the financial institution’s decision to continue lending to the country. Oyedele said the backlash…
FEC Approves $1.25bn Facility to Boost Investment, Job Creation
The Federal Executive Council (FEC) has approved a $1.25 billion financing facility to support economic reforms aimed at stimulating private sector investment, strengthening competitiveness and accelerating job creation in Nigeria. The facility is being…
Tinubu govt finally gives breakdown of fuel subsidy removal savings
The President Bola Ahmed Tinubu-led administration has finally unveiled a breakdown of the N15.8 trillion in savings from fuel subsidy removal and gains of other reforms over the last three years. The Minister of Finance, Taiwo Oyedele, disclosed this at…
FAAC Disburses Record Highest N3.007tn To FG, States, LGs For July
The Federation Account Allocation Committee, FAAC, has approved the disbursement of N3.007 trillion to the Federal Government, state governments and local government councils as revenue for July 2026. The decision was reached at the FAAC meeting held in…
Financial Illiteracy Deepens Economic Hardship In Nigeria, Says Financial Consultant
Financial illiteracy is worsening the economic difficulties confronting many Nigerians by leaving individuals and families poorly equipped to manage inflation, unemployment, rising living costs and unexpected financial emergencies. This was the key…
NIMENA Opens Call For Research Papers On Blue Economy, Marine Engineering
The Nigerian Institute of Marine Engineers and Naval Architects (NIMENA) has opened a call for research papers for upcoming editions of its two academic journals, the Journal of Blue Economy and Sustainable Energy Development (JBESED) and the African…
Digital Payments Vital To Financial Inclusion, Economic Growth – CBN
The Central Bank of Nigeria (CBN) has reiterated its commitment to promoting digital payment channels as tools for deepening financial inclusion, stimulating economic growth and accelerating national development. Mr l. Olayemi Cardoso, the CBN Governor,…
Nigeria’s headline inflation drops to 15.43% in July, as oil prices near $90 amidst Trump’s threat
Nigeria’s headline inflation has fallen to 15.43 per cent in July 2026, a figure that represents a 0.48 percentage-point decline from the 15.91 per cent recorded in June. This was contained in the Consumer Price Index (CPI) report released…