The International Monetary Fund (IMF) has projected that global public debt will exceed 100 percent of the world’s gross domestic product (GDP) by 2029, its […]
Category: Economy
CBN Reassures Foreign Investors of Economic Stability Backed by Rising Reserves, Strong FX Inflows, and Ongoing Reforms
The Central Bank of Nigeria (CBN) has reassured foreign investors of a stable, reform-driven economy, supported by growing external reserves, improved foreign exchange inflows, and […]
‘Worst Is Over’: Tinubu Says Economic Reforms Gaining Traction in 65th Independence Address
President Bola Tinubu, in his speech to Nigerians marking the country’s 65th Independence Day, assured citizens that the painful economic reforms are beginning to yield […]
NAICOM Raises Alarm Over $2bn Annual Outflow from Multinationals’ Overseas Health Insurance in Nigeria
The National Insurance Commission (NAICOM) has expressed concern over the 2bn dollars that leaves Nigeria annually as multinationals provide health insurance for their employees outside […]
FAAC shares 2.23trn Naira August revenue to FG, states, LGs, up 11.2 percent from July
The Federation Account Allocation Committee (FAAC) said 2.225 trillion Naira was shared among the Federal Government, states, and local government councils as August 2025 revenue. […]
Thailand’s baht hits four-year high, up 8% against the U.S. dollar, pressuring exports and tourism.
Thailand’s currency has surged to a four-year high, rising 8% against the u.s. Dollar this year, creating major challenges for exports and tourism two pillars […]
Nigeria Secures $18.2 Billion Investment Commitments in Oil and Gas Sector
Nigeria has secured investment commitments worth eighteen point two billion dollars following sweeping reforms in its oil and gas industry. The Nigerian upstream petroleum regulatory […]
Tax Reform Committee: No Bank, Pension or Investment Access Without Tax ID from Jan 2026
The Presidential Fiscal Policy and Tax Reform Committee has confirmed that beginning January 1, 2026, taxable persons without a Tax Identification Number will be unable […]
SOUTH AFRICAN RAND TRADED STEADILY AGAINST THE DOLLAR, AS INVESTORS LOOKED AHEAD TO KEY INFLATION FIGURES .
The south african rand traded steadily against the dollar on friday as investors looked ahead to key inflation figures and a central bank meeting next […]
NIMC Hits 120 Million Enrolments, Targets Full Coverage by 2025
The National Identity Management Commission says over 120 million Nigerians have been enrolled in the National Identity Database, as it ramps up efforts to register […]