Tag: Economy

CBN Extends FX Sales to BDCs Until May 30th to Ease Retail Demand

The Central Bank of Nigeria (CBN) has extended the lifeline for Bureau…

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Nigerian Businesses Remain Confident Despite Slight Growth Moderation

Nigerian businesses are weathering the storm, maintaining a strong confidence in the…

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US-China Trade War: Nigeria Caught in the Crossfire of a Global Scramble

The escalating trade war between the United States and its major trading…

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Nigerian Non-Oil Exports Surge 20.77% in 2024, Reaching $5.456 Billion

Nigeria's non-oil export sector experienced a remarkable surge in 2024, with earnings…

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Oil Markets Roil as Trump’s Tariffs Trigger Supply Chain Fears

Global oil markets experienced significant turbulence on Monday, with crude futures sharply…

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Nigerian Tax Reform: A Balancing Act Between Revenue and Relief

The Federal Government is embarking on a bold tax reform aimed at…

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Nigeria to Hike Electricity Tariffs: A Necessary Evil?

The Nigerian government plans to increase electricity tariffs in the coming months…

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Nigeria Clears $7bn Forex Backlog, Boosting Investor Confidence

The Central Bank of Nigeria (CBN) has announced that it has cleared…

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