Business & Economy

In a strategic move reflecting confidence and stability, the Central Bank of Nigeria (CBN) has chosen to maintain the monetary policy rate at 27.50%. This decision underscores the bank’s commitment …

It was an audacious move when President Bola Ahmed Tinubu transmitted four tax reform bills to the National Assembly on October 3, 2024. The Tax Reform Bills include: Nigeria Tax …

The launch of the Nigeria Foreign Exchange Code (FX Code) marks a significant milestone in the country’s journey towards a more transparent and accountable foreign exchange market. This landmark initiative …

As we navigate the complex and evolving economic landscape, the Central Bank of Nigeria’s commitment to improving communication, fostering dialogue, and collaborating on critical issues shaping monetary policy is more …

In 2024, the Central Bank of Nigeria (CBN) experienced a pivotal transformation under the innovative leadership of Governor Yemi Cardoso. Faced with a myriad of economic challenges that have hindered …

The Year 2024 has been flogged to death! With 2025 now underway, it’s clear that this year will be crucial for Nigeria and Nigerians. To ensure a game-changing year, the …

By Stephen K. Dieseruvwe Delta State being an oil producing state in Nigeria receives from the 13 per cent derivation fund as a benefit transfer scheme as stipulated in Section …

The Central Bank of Nigeria (CBN) announced a significant yet nuanced rise in the Monetary Policy Rate (MPR) by 25 basis points, elevating it from 27.25% to 27.50%. While this …

The International Financial Inclusion Conference (IFIC) 2024 took place on November 12–13 in Lagos, Nigeria, assembling global stakeholders to delve into the transformative potential of financial inclusion. Focusing on the …

The International Financial Inclusion Conference (IFIC) 2024 took place on November 12–13 in Lagos, Nigeria, assembling global stakeholders to delve into the transformative potential of financial inclusion. Focusing on the …

Under its current management, the Central Bank of Nigeria (CBN) has launched a series of robust initiatives to fortify Nigeria’s foreign exchange (forex) reserves and enhance confidence in the naira, …

Nigeria’s tax reform is underway with four Executive Bills currently before the National Assembly. These bills are the ‘Nigeria Tax Bill’, which replaces existing tax law with a modern framework; …

The latest increase in the pump price of petrol by the Nigerian National Petroleum Company Limited (NNPCL), has struck a devastating blow to millions of Nigerians already struggling under the …

The latest increase in the pump price of petrol by the Nigerian National Petroleum Company Limited (NNPCL), has struck a devastating blow to millions of Nigerians already struggling under the …

There is no hiding place for Nigerians as they grapple with different difficult circumstances of everyday subsistence. Frustration and despair intrude into Nigeria’s daily survival procedure unhindered. It seems alien …

In a bid to further combat inflation and stabilize the economy, the Central Bank of Nigeria (CBN) recently raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% …