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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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Labour Party Applauds Court Of Appeal Decision Affirming Senator Nenadi Usman’s Leadership

Labour Party has welcomed the Court of Appeal ruling affirming that only its recognised national leadership under Sen. Nenadi Usman can authorise litigation on behalf of the party, reinforcing its legal authority and institutional integrity.

ECOWAS Push: Region Renews Fight Against Financial Crimes

ECOWAS has reaffirmed its commitment to combating money laundering, terrorism financing and other financial crimes, calling for stronger regional cooperation to safeguard financial integrity and security across West Africa.

FG Distributes 80,640 Bags Of Fertilisers To 20,160 South-East Farmers

Fertiliser distribution under the Federal Government's Renewed Hope Farm Input Support Programme has reached 20,160 registered smallholder farmers across Imo, Enugu, Anambra and Ebonyi, strengthening food security ahead of the 2026 wet season.

Police Arrest Eight-man Robbery, Cyber Fraud Syndicate In Gombe

Police in Gombe have arrested eight suspects linked to a robbery and internet fraud syndicate accused of stealing mobile phones, accessing victims' bank accounts and carrying out multiple fraudulent transactions across the state.

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