Economy

The Central Bank of Nigeria has introduced new regulations for the BVN system, setting 18 as the minimum age for registration while tightening security on instant payments, mobile banking, and dormant accounts.

​In a well-deserved recognition of his impact and advocacy, Ambassador Umanu Elijah has been…

Nigeria’s Senate confronts the federal government’s economic team over the N58.47 trillion 2026 budget, raising concerns about oil revenue projections, debt levels and capital project implementation.

The Central Bank of Nigeria says diaspora remittances now average $600 million monthly following recent financial reforms. CBN Governor Olayemi Cardoso stated that Nigeria is targeting $1 billion in monthly inflows to strengthen foreign exchange reserves and economic stability.

CBN Governor Olayemi Cardoso says ongoing reforms are strengthening Nigeria’s financial system, stabilising the economy, and restoring investor confidence.

The Conference of Registered Political Parties has threatened to sue Edo Governor Monday Okpebholo over plans to launch a state-owned airline, calling the project wasteful and misplaced.

Petrol prices rise to as high as ₦900 per litre after Dangote Refinery increased its ex-depot price from ₦699 to ₦799, affecting Lagos and Edo stations.

China posts a record $1.2 trillion trade surplus in 2025 as shifting US trade policies drive countries to strengthen economic ties with Beijing.

Chevron Nigeria confirms hydrocarbon discovery at the Awodi-07 well in the western Niger Delta under its joint venture with NNPC.

Shell says President Tinubu’s leadership has restored investor confidence, inspiring plans to invest up to $20 billion in Nigeria’s energy sector.