Tag: Nigerian Economy

Nigeria recorded a current account surplus of $4.98 billion, underscoring the pivotal role of crude oil exports in supporting the ...

Nigeria’s maritime sector has received a major boost as the Tin Can Island Port and the Lagos Port Complex in ...

The Central Bank of Nigeria (CBN) has issued an exposure draft outlining significant revisions to the regulatory framework governing Financial ...

The International Monetary Fund (IMF) has urged Nigeria to broaden its tax base by introducing excise duties on telecommunications services ...

Nigeria’s importation of used vehicles continued at a substantial pace despite intensified enforcement efforts, with the value of imported vehicles ...

FCMB Group Plc has reported a profit before tax (PBT) of ₦202.1 billion for the 2025 financial year, underscoring the ...

Nigeria's Company Income Tax (CIT) collections recorded a significant decline in the first quarter of 2026, underscoring growing pressure on ...

Nigeria’s oil industry has received a significant boost following the addition of new crude streams that have collectively contributed approximately ...

Cornerstone Insurance Plc has commenced a significant corporate restructuring initiative aimed at separating its life and non-life insurance businesses, marking ...

The Nigeria Customs Service (NCS) has intercepted smuggled vegetable oil products valued at approximately N1.3 billion, underscoring the agency's intensified ...