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Tag: Nigeria Economy

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CBN Boosts BDC Liquidity With Fresh $150,000 Weekly FX Approval

CBN approves weekly access of up to $150,000 for licensed BDC operators in the Nigerian Foreign Exchange Market, with strict compliance and transparency rules.

Strong Naira Rally Extends Gains At Official FX Market

The Naira appreciated to N1,351.02 at the official FX market, extending recent gains amid improved liquidity and sustained Central Bank interventions.

Revenue Surge Pushes Federation Account Inflow To N35 Trillion In 2025 – AGF

Revenue inflows into Nigeria’s Federation Account rose sharply to ₦35 trillion in 2025, as the Accountant-General attributes the growth to fiscal reforms and renewed efforts to close revenue leakages.

World Bank Hails Nigeria As Global Model Of Credible Leadership

The World Bank says Nigeria’s reforms have positioned the country as a global reference for credible leadership, citing policy consistency, investor confidence and economic resilience.

Uzodimma Presents ₦1.43trn Appropriation Bill for Imo 2026 Budget

Governor Hope Uzodimma has presented a ₦1.43 trillion Appropriation Bill to the Imo State House of Assembly, outlining ambitious capital spending plans aimed at driving economic growth and infrastructure development in 2026.

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Tinubu Appoints Arinola Ogbara-Banjoko To Bolster Board Of Commodity Exchange

President Bola Tinubu has appointed Arinola Ogbara-Banjoko as a Non-Executive Director on the Board of the Nigeria Commodity Exchange, a move aimed at strengthening commodity trading and expanding market opportunities for farmers and investors.

Kebbi Hails Tinubu For Historic Sokoto-Badagry Highway Gains

The Kebbi State Government has praised President Bola Tinubu for reviving and advancing the long-awaited Sokoto-Badagry Super Highway project, describing it as a transformative infrastructure initiative capable of boosting trade, agriculture and regional economic growth.

Tough Crackdown Begins In Enugu State As Government Enforces N500,000 Fine For One-Way Driving

The Enugu State Government has commenced strict enforcement of a N500,000 fine against motorists caught driving against traffic as authorities intensify efforts to curb accidents and restore discipline on roads across the state.

Senate Clash Deepens As Akpabio, Oshiomhole Battle Over New Leadership Rules

Tension erupted in the Senate as Senate President Godswill Akpabio and Senator Adams Oshiomhole openly disagreed over newly amended leadership rules restricting eligibility for presiding offices to lawmakers with uninterrupted two-term service.

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