Former Obidient Movement director of mobilisation, Morris Monye, comments on Nyesom Wike’s alleged plan to position his son for the Rivers State governorship.
Federal Government denied plans to monitor bank accounts for tax; small businesses earning below ₦12 million exempt from income tax under new reforms.
Nigeria's economy faces a tighter foreign exchange market and rising living costs in 2026, with digital finance growing amid challenges in consumer protection.
The CBN's $7.53 billion intervention stabilised the naira, noting a 7.14% gain in 2025, reversing past deficits with a $4.60 billion balance of payments surplus.
Applications are now open for the FGN–ALAT Digital Skillnovation Programme, empowering young Nigerians with vital digital skills for entrepreneurship.
Nigeria's current account surplus narrows to $3.42bn despite rising crude oil and refined petroleum exports, as remittances provide vital external support.
Nigerian banks introduce a 10% withholding tax on foreign currency deposit interest from January 1, 2026, amidst President Tinubu's tax reforms for a fairer system.
Femi Otedola shared his thoughts on the economic reforms of President Tinubu, as he disclosed that First Bank has met the N500 billion recapitalisation requirement.
The naira appreciates 6.5% in 2025, led by CBN reforms and improved FX liquidity, yet structural vulnerabilities keep economists cautiously optimistic.
Nigeria's economic recovery strengthened in December 2025, with 32 of 36 subsectors growing, while the naira ended the year weaker despite CBN interventions.
Apply for YEIDEP Batch B and receive grants of ₦50,000 to ₦500,000 to support youth entrepreneurship in Nigeria, empowering young innovators and boost inclusion.
Economy
Load more