Latest Economy News
Tinubu signs tax reform bills into law
President Bola Tinubu has signed the four tax reform bills into…
No final decision on $5bn oil-backed loan from Saudi Aramco — FG
The Federal Government, yesterday, said no final decision has been taken…
FG to concession major national projects to repay loans – Finance minister
The Federal Government says it is moving toward a self-financing infrastructure model…
Concerns mount over Tinubu’s $24bn loan request
Nigeria’s public debt is on track for a dramatic escalation as…
Nigeria’s debt service payments rise 49% in 4 months
Nigeria’s debt service payments rose by 49.2 percent year-on-year, YoY, to…
Again, CBN retains interest rate at 27.5 %
In line with expectations, the Monetary Policy Committee of the Central Bank…
Nigeria’s food imports surge 16% to $2.5bn
At the backdrop of the rising food insecurity caused by intensified…
Despite subsidy removal, NNPC’s FAAC remittance dropped by N500bn in 2024, says World Bank
The World Bank says revenue remitted by the Nigerian National Petroleum…
Nigeria’s inflation rate dips to 23.7%
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate…
EXPLAINER: Despite IMF loan repayment, Nigeria debts nears $230bn
Nigeria has fully repaid its $3.4 billion COVID-19 loan borrowed from the…
