FG adopts new debt strategy ..with stricter fiscal benchmarksNigeria has introduced a new policy framework to enhance the management of its public debt, with the Debt Management Office (DMO) announcing the approval of the MRead More
Finance and Economy
His Reforms Are In Order - WTO-DG, Okonjo-Iweala Hails Tinubu's Economic StridesWe think that the President and his team-and we just exchanged with him- have worked hard to stabilise the economy and you cannot improve an economy Read More
Lagos Got 58.5% of Electronic Money Transfer Levy in June*Revenue hits N183.7bn in H1 *Stamp duty, EMTL rose to N221bn in six months*FIRS begins electronic invoicing, fiscal system for large taxpayersLagos State received 5Read More
Naira stable as external reserves hit eight-month high of $40.15bn The naira has maintained relative stability across the foreign exchange (FX) markets as Nigeria’s external reserves rebounded to an eight-month high of $40Read More
Cocoa Overtakes Crude-Oil As Nigeria's Major Export To Belgium In 2024 « Amid the rise in cocoa production and export in Nigeria, shipments of the product to Belgium in 2024 overtook crude oil, Nigeria’s main export productRead More
Olugbemi. Adeyinka Ogunleye
We should be ramping up Cocoa Production like Cassava, especially in the South West. The Ooni of Ife, embarked on a project in this regard ~2yrs ago, planting 1000 Cocoa trees. I will take up this challenge with planting my first 100 Cocoa trees in the next 3-6months.
VAT Revenue Rises By 84% To N6.7trnRevenue generated from Value Added Tax, VAT, rose by 84.6 per cent year-on-year, YoY, to N6.72 trillion in 2024 from N3.64 trillion in 2023.A Quarter-on-Quarter (QoQ) details of data from the NRead More
₦100k In 2025 Cannot Buy What ₦8k Could Buy In 2006LET'S MAKE SENSE OF THISJan 2006 CPI = 67.4Dec 2024 CPI* = 867.8CPI means Consumer Price IndexInflation rate between 2006 & 2024 is 1,187%What is the purchasing power of ₦8,Read More
Trade minister reveals Nigeria is exploring alternative markets as US tariffs takes effectNigeria is expanding its trade partnerships beyond the United States in response to the recent imposition of a 15 percent import tariff byRead More
FG should have sold refineries to Dangote - Rewane.Foremost Economist and Chief Executive Officer of Financial Derivatives Company (FDC), Mr. Bismark Rewane, has said the Federal Government should have sold the government-owned Read More
Q1 2025: Capital importation rises by 67% to $5.64bn – NBS Capital importation into Nigeria rose by 67.12 percent in the first quarter of 2025 to $5.642 billion when compared to $3.376 billion recorded in Q1 2024, a reportRead More
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Finance, Investment and Economic matters
Finance, Investment and Economic matters
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