The International Monetary Fund say it welcomes the December Consumer Price Index (CPI) inflation figures released by the Nigerian Bureau of Statistics (NBS), which show an easing of inflation. Laraba Bonet, Office Manager, Resident Representation of Nigeria in a statement
President Bola Tinubu this Tuesday announced that Nigeria will co-host Investopia with the United Arab Emirates (UAE) in Lagos in February, an initiative aimed at attracting global investors and accelerating sustainable investment inflows. Bayo Onanuga, Special Adviser to the President
The global economy is proving more resilient than anticipated despite persistent trade tensions and policy uncertainty, according to the World Bank’s latest Global Economic Prospects report. Global growth is projected to remain broadly steady over the next two years, easing
Former Minister of Finance, Mrs Kemi Adeosun has backed the ongoing tax reforms, noting that tax compliance had historically been weak, particularly among wealthy individuals and large corporations in Nigeria. Adeosun made this disclosure during an interview on Channels Television’s
Former Minister of Finance, Mrs. Kemi Adeosun, has revealed that she resigned as a minister from the cabinet of President Muhammadu Buhari in September 2018 to protect the Office of the Minister of Finance. Adeosun made this known on Friday
The Budget Office of the Federation has reaffirmed the integrity of Nigeria’s newly enacted Tax Reform Acts, cautioning against what it described as governance by speculation and unverified claims following allegations of post-passage alterations. The Budget Office in a statement
The Central Bank of Nigeria (CBN) has reported a further strengthening of domestic economic activity in December 2025, as the Composite Purchasing Managers’ Index (PMI) maintained its position above the 50-point expansion threshold. A statement by the Bank’s Acting Director
The World Bank has approved the Fostering Inclusive Finance for MSMEs in Nigeria (FINCLUDE) project, a $500 million financing package to Nigeria. The operation according to the bank comprises a $400 million International Bank for Reconstruction and Development (IBRD) loan
The Federal Government, States and the Local Government Councils have shared a total sum of N1.928 trillion, being November 2025 Federation Account Reevenue at the December 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja. The N1.928
The Federal Competition and Consumer Protection Commission (FCCPC) has announced an expansion of the scope of existing investigation into pricing templates behind rates charged for tickets by some airlines on some domestic routes following public inquiries, with a view to
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