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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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Mbah Approves Massive Recruitment Of Over 6,500 Smart School Teachers

Governor Peter Mbah approves the recruitment of over 6,500 academic and administrative staff across Enugu State to power 267 Smart Green Schools.

Government Action Triggers Suspension Of Enugu Traditional Ruler Over Communal Crisis

The Enugu State Government suspends Igwe Christopher Nyia of Obeagu Ugwuaji following allegations of gross misconduct and communal unrest.

ADC Victory: David Mark Hails Appeal Court Judgment Restoring Party’s Status

ADC National Chairman David Mark has described the Court of Appeal judgment overturning the party's deregistration as a victory for democracy, constitutionalism and the rule of law in Nigeria.

President Tinubu Promises Economic Prosperity As Security Reforms Target National Recovery

President Bola Tinubu assures Catholic Bishops of national recovery, highlighting security architecture restructuring and economic stabilization efforts.

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