
PRESIDENT Bola Tinubu has signed an executive order creating a coordinated regulatory framework for virtual assets and cryptocurrencies, with the Central Bank of Nigeria (CBN), the...

The Central Bank of Nigeria (CBN) will continue to strengthen its supervision of banks despite the successful completion of the banking sector recapitalisation exercise, Olayemi Cardoso,...

Nigeria’s foreign exchange buffers have strengthened sharply since the current administration’s economic reforms began, with net reserves increasing to about $40 billion from roughly $3 billion,...

Nigeria’s net foreign exchange reserves have risen from about $3 billion at the start of the country’s economic reforms to around $40 billion, reflecting a significant...

Nigeria is lagging behind comparable economies on nearly every major measure of shared economic prosperity, according to an assessment by global audit and advisory firm KPMG,...

For years, many small businesses in Nigeria operated outside the conventional tax system because they kept little or no accounting records, making it difficult for tax...

CHIEF of Staff to President Bola Tinubu, Mr Femi Gbajabiamila, has filed a N15 billion defamation suit against the fake Director-General of the Presidential Foreign Intervention...

MEMBERS of the US House of Representatives have approved an amendment that would increase the withholding of US assistance to Nigeria from 50 percent to 100...

THE Nigerian government has completed the evacuation of 1,490 citizens from South Africa following a surge in xenophobic attacks targeting foreign nationals in the country. The...

Nigeria’s inflation story is no longer about whether prices are rising or falling. It is increasingly about persistence. Headline inflation eased marginally to 15.91 percent in...