Tuesday, February 25, 2025

Economy

Nigerian govt proposes N26 trillion budget for 2024

The federal government has announced a proposal to spend N26.01 trillion ($34 billion) in 2024 based on oil price benchmark of $73.96 and an...

Nigeria inflation at 26.7% in September – fastest in 20 years

The National Bureau of Statistics says Nigeria’s headline inflation rate increased to 26.72 percent in September, the highest in 20 years. The NBS disclosed this...

Nigeria’s N150 billion sukuk more than four times oversubscribed

Nigeria’s Debt Management Office said on Friday it has concluded a N150 billion sukuk that was oversubscribed more than four times. A sukuk is an Islamic financial...

Textile, maize importers can get forex as CBN unbans 43 items (See full list)

The Central Bank of Nigeria has lifted a ban on 43 items that were previously restricted from accessing forex, a bank spokesperson said on...

Nigerian businesses under burden of over 60 taxes, govt says

The Nigerian government says the country seeks to cut the number of taxes at the federal, state and local government levels from about 62...

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