The PDP has endorsed the G-100 initiative, a coalition of 100 opposition figures seeking to build a united front against the APC ahead of the 2027 elections.
The CBN auctions N4.73 trillion in OMO bills to reduce liquidity and boost the naira's value, drawing strong investor demand amid rising yields close to 20%.
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 $3.42bn despite rising crude oil and refined petroleum exports, as remittances provide vital external support.
Nigerian banks introduce a 10% withholding tax on foreign currency deposit interest from January 1, 2026, amidst President Tinubu's tax reforms for a fairer system.
Femi Otedola shared his thoughts on the economic reforms of President Tinubu, as he disclosed that First Bank has met the N500 billion recapitalisation requirement.
The naira appreciates 6.5% in 2025, led by CBN reforms and improved FX liquidity, yet structural vulnerabilities keep economists cautiously optimistic.
Nigeria's economic recovery strengthened in December 2025, with 32 of 36 subsectors growing, while the naira ended the year weaker despite CBN interventions.
Federal Government denied plans to monitor bank accounts for tax; small businesses earning below ₦12 million exempt from income tax under new reforms.
In 2025, South Sudanese pound and Ethiopian birr faced severe declines, revealing economic fragility and inflation's impact on everyday life across Africa.
The naira weakens to ₦1,445.68/$ despite CBN's dollar sales, while Nigeria's external reserves rise to $45.45bn, highlighting ongoing currency stability challenges.
Economy
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