The Nigerian naira is poised for a significant test as markets reopen on Monday, following a week packed with key ...

Nigeria’s tax system is not conducive to economic growth due to multiple taxes and taxing agencies, says Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reform.Speaking ...

According to the report, Nigeria’s headline inflation dropped to 24.48 per cent in January 2025 following the rebasing of the CPI by the National Bureau of Statistics, NBS. This represents a decline ...

The Central Bank of Nigeria (CBN) has set its sights on reducing inflation to a single digit in the medium to long term, ...

The CBN Governor announced the decision on Thursday, stating all parameters were unanimously held as committee assessed the ...

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...

The CBN has raised interest rates by a cumulative 16 percentage points since 2022 to curb decades-high inflation and ...

Amid drop in Nigeria’s inflation, the Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November ...

The Central Bank of Nigeria (CBN) has decided to maintain the Monetary Policy Rate (MPR) at 27.50%, citing improvements in ...

The Nigerian President, Bola Tinubu, announced in early February 2025 that he plans to increase the 2025 budget expenditure from N49.7trn ($33.1bn), which was initially presented to the National ...

Nigeria has filed an $81.5 billion lawsuit against Binance, claiming the cryptocurrency exchange operated without a license ...

Nigeria has sued Binance for $81.5 billion, including $79.5 billion for economic losses and $2 billion in back taxes.