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Economy
64 posts
Nigeria Emphasizes Local Revenue Growth as Key to Development
Nigeria's finance officials and international partners discuss why sub-national fiscal capacity is essential for achieving national development goals.
Nigeria Uncovers Vast Mineral Deposits in Kaduna, Invites Global Investors
Nigeria has identified significant high-grade deposits of gold, platinum, nickel, and other critical minerals in Kaduna State, leading to a new push for international mining investment.
Cross River Customs Intercepts Contraband Valued at N273 Million
Nigeria Customs in Cross River has seized N273.68 million worth of prohibited goods, including vegetable oil and used tyres, following intensified enforcement operations.
Mahdi Shehu Criticizes Nigerian Government’s Revenue-Driven Tax Policies
Mahdi Shehu argues that the Nigerian government's focus on aggressive revenue generation is worsening economic hardship and undermining long-term national development.
Central Bank Governor Cardoso Starts Naira Ambassadors Initiative
CBN Governor Olayemi Cardoso has introduced the Naira Ambassadors Club to encourage young students to handle the national currency with care and responsibility.
Nigeria’s Net Foreign Exchange Inflow Declines by 24 Percent
The Central Bank of Nigeria reported a 24 percent monthly decline in net foreign exchange inflow, dropping to $6.92 billion in February 2026 due to reduced capital activity.
Naira Has Reached Its Appropriate Market Price, Presidency Claims
Bayo Onanuga, a presidential aide, claims that foreign exchange reforms have allowed the naira to settle at its true market value despite current fluctuations.
A Decade After the Vote: Assessing the Economic Toll of Brexit
A decade after the Brexit vote, data indicates that the UK economy has sustained lasting damage due to increased trade friction, investment stagnation, and bureaucratic hurdles for exporters.
President Tinubu promotes Nigeria’s digital-ready workforce to global investors
President Bola Tinubu has emphasized the strength of Nigeria's tech-savvy youth as he welcomed a commitment from Mastercard to help digitize millions of local small businesses.
Public Sector Workers Seek 400% Salary Hike Amid Economic Crisis
Civil servants under the JNPSNC have requested a 400 percent rise in the N70,000 minimum wage to cope with Nigeria's ongoing economic hardship.