Latest Economy News
NACC Decries New 14% US Tariff, Warns of Threat to Nigeria’s AGOA Duty-Free Trade Benefits
The Nigerian-American Chamber of Commerce (NACC) has expressed concern over the United…
Nigeria Seeks $10.5m World Bank Loan to Modernize CBN’s Tech and Payment Systems
Nigeria has approached the World Bank for a $10.5 million loan. This…
Nigeria Secures Over $1 Billion in World Bank Funding for Key Development Program
Nigeria has secured significant financial commitments aimed at boosting its economy and…
Central Bank of Nigeria Dismisses False Report of New Banknotes
The Central Bank of Nigeria (CBN) has firmly refuted a report circulating…
SEC Gets Power to Jail Ponzi Scheme Promoters, Impose ₦40 Million Fine
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has…
Senate Confirms Prof. Melvin Ayogu as CBN Board Director
The Senate on Tuesday confirmed the appointment of Professor Melvin Damian Ayogu…
Senate May Approve Tax Reform Bills Today
There are indications that the Senate is set to pass President Bola…
Naira Depreciates by 1.2% as FX Concerns Grow
The Nigerian naira faced renewed pressure at the official foreign exchange window…
