Tag: Nigerian Economy
Tinubu Says Security, Economic Reforms Will Bring Prosperity
President Bola Tinubu has said his administration is restructuring Nigeria's security institutions and implementing economic reforms that he believes will deliver long-term prosperity, despite...
Nigeria’s Economy Faces Fresh Threat from Iran-US Crisis
Rising tensions involving Iran and the United States are beginning to create fresh concerns for Nigeria's economy, with economists and industry experts warning that...
Nigeria Earns N20.2 Trillion From Crude Oil Exports in Early 2026
The figure represents one of the highest short-term earnings in recent years, underscoring the central role of oil in Africa’s largest economy. Nigeria, a...
Dollar to Naira Hits N1,366 as Nigeria Battles Currency Pressures
On May 8, 2026, the Nigerian naira traded at about N1,366 per dollar in the official market, while parallel market rates ranged between N1,395...
Nigeria’s Stock Market Sees Jump in Foreign Funds, But Capital Flight...
LAGOS, Nigeria (FN), Foreign portfolio inflows into the Nigerian Exchange surged by seventy-eight percent in the first quarter of 2026, reaching three hundred ninety-three...
CBN Sets New Cash Withdrawal Limits for Individuals and Businesses Starting...
Nigeria’s Central Bank has announced sweeping changes to cash withdrawal rules that will take effect on January 1, 2026, marking a decisive step toward...
Civil Society Groups Defend Sachet Alcohol Ban as Industry Warns of...
LAGOS — As Nigeria moves to enforce a ban on alcohol sold in sachets and small bottles, civil society organizations are rallying behind regulators,...
