Tax ID mandatory for all bank accounts from January 2026
The Nigerian government has announced that, starting from 1 January 2026, all Nigerians and non-residents will be required to obtain…
Category: Economy
Latest Nigeria economy news and analysis on inflation, naira exchange rate, fuel prices, business trends, and government policies. Follow real-time updates on Nigeria’s economic growth, cost of living, trade, and financial markets
Oando Plc boss calls for African-led solutions in energy, finance
Wale Tinubu, the Group Chief Executive of Oando Plc, is urging African nations to take charge of their own destiny…
Nigeria’s ₦54.99trn ‘budget of restoration’ implementation begins September
The Nigerian government’s 2025 budget, known as the “Budget of Restoration,” is on track to begin implementation by the end…
CBN unveils PSV 2028 to drive inclusive, innovative payment reforms
The Central Bank of Nigeria (CBN) has unveiled a new strategic framework, the Nigeria Payments System Vision 2028 (PSV 2028),…
Nigeria, Angola to sign 15 MoUs – Ojukwu
Nigeria and Angola are poised to strengthen their relationship by signing at least 15 new Memoranda of Understanding (MoUs) during…
Shettima: Tinubu’s bold reforms demonstrate political will
Vice President Kashim Shettima has stated that the courageous reforms being implemented by President Bola Tinubu’s administration are a testament…
Sanwo-Olu hails Lagos’ nomination as host city for IATF
Lagos State has been chosen to host the 2027 Intra-African Trade Fair (IATF), following an announcement by the African Export-Import…
NUPENG accuses Dangote refinery of attempting to reintroduce “slavery” ahead of planned strike
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has reaffirmed its decision to commence industrial action on Monday,…
SEC sets up 14-day fast-track desk for insurance recapitalisation approvals
The Securities and Exchange Commission (SEC) has established a dedicated desk to expedite approvals for insurance sector recapitalisation, with a…
Lagos to hold 2025 job fair to combat youth unemployment
The Lagos State Government has announced it will host its annual Job Fair on September 11, 2025, at the Blue…