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Tag: Nigeria Economy

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Tinubu Signs Sweeping Executive Order To Boost Federation Oil Revenue

President Bola Tinubu has signed a sweeping Executive Order mandating direct remittance of oil and gas revenues to the Federation Account, targeting revenue leakages and restructuring NNPC Limited’s deductions.

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.

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2027 Election: Tinubu Signs Peace Accord Amid Fresh Questions Over INEC Neutrality

Tinubu signs the 2027 peace accord and pledges peaceful elections as fresh concerns over INEC neutrality and public confidence emerge ahead of the presidential poll.

BOI Records Landmark ₦250bn Bond Success, Credits Tinubu’s Support

BOI praises President Tinubu after its ₦250bn Series 1 bond was oversubscribed within five working days, boosting long-term financing prospects for Nigerian businesses.

Adeleke Rejects ADC Claim, Says No Deal Behind Osun Re-Election Victory

Adeleke rejects ADC claims of an electoral deal, saying his Osun re-election victory was secured through the support of God, voters and political partners.

Anambra Takes Decisive Action, Orders Urgent Water Testing After Flooding

Anambra orders urgent water testing in flood-affected communities to detect contamination and prevent waterborne diseases after flooding and erosion.

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