Tag: Nigeria Economy
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OPL 245 Settlement: Nigeria’s Economy Set To Soar Under Tinubu’s Leadership
The Attorney-General, Lateef Fagbemi, says the resolution of OPL 245 will strengthen Nigeria’s economy, attract investment, and enhance fiscal stability, praising President Bola Tinubu’s leadership.
Power Reform: Tinubu Inaugurates Committee For New Grid Asset Management Company
President Bola Tinubu has inaugurated an 11-member committee to facilitate the establishment of the Grid Asset Management Company Limited (GAMCO) aimed at improving power generation, transmission and grid management in Nigeria.
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.
