Tag: Nigeria Economy

The Federation Account Allocation Committee (FAAC) has shared a total of N2.3 trillion among the Federal Government, the 36 state governments, and ...

Sterling HoldCo has secured shareholder approval for a $400 million capital raise, marking a significant step in the company’s efforts ...

The Federal Government has denied reports claiming it plans to introduce new taxes on telecommunications services and petroleum products, describing ...

The International Monetary Fund (IMF) has revealed that more Nigerians are turning to U.S. dollar-backed stablecoins and digital payment platforms ...

The recent peace agreement between the United States and Iran could bring positive changes to Nigeria’s economy after months of ...

Nigeria's cooking gas marketers are preparing for large-scale imports of liquefied petroleum gas (LPG) following a dramatic 140 percent increase ...

Nigeria’s fuel market may soon witness a fresh round of price reductions after Dangote Refinery announced a major cut in ...

The Central Bank of Nigeria (CBN) has directed banks, payment service providers, and other regulated financial institutions to ensure that ...

Dangote Industries Limited has secured a $600 million financing agreement with the African Finance Corporation (AFC) to support a major ...

The Central Bank of Nigeria (CBN) has introduced a new benchmark rate framework designed to enhance transparency, improve price discovery, ...