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FG Reviews Trade, Investment Strategies Amid US Tariff Threat, Aims to Boost Economic Competitiveness

FG Reviews Trade, Investment Strategies Amid US Tariff Threat, Aims to Boost Economic Competitiveness

by Favour Owonibi | May 26, 2025 | Economics, NEWS

‎The Federal Government has begun a review of Nigeria’s trade and investment strategies along with infrastructure planning with a view to improving the nation’s economic competitiveness. ‎ ‎The review was done during the weekend at an Economic Management Team (EMT)...
FG Inaugurates New AMCON Board to Boost Asset Recovery and Investor Confidence

FG Inaugurates New AMCON Board to Boost Asset Recovery and Investor Confidence

by Favour Owonibi | May 26, 2025 | Business/Finance, Economics, NEWS

‎The Federal Government has inaugurated the new Board of Directors of the Asset Management Corporation of Nigeria (AMCON), ‎ ‎The Finance Minister and Coordinating Minister of the Economy, Mr Wale Edun, inaugurated the Board in his office in Abuja during the weekend ‎...
CBN Retains Interest Rate at 27.5%, Cites Easing Inflation and Need for Economic Stability

CBN Retains Interest Rate at 27.5%, Cites Easing Inflation and Need for Economic Stability

by Favour Owonibi | May 21, 2025 | Business/Finance, Economics, NEWS

The Central Bank of Nigeria (CBN) has retained all monetary policy parameters, including the benchmark interest rate at 27.5%, This developmeny came following the Monetary Policy Committee (MPC) meeting held on 19th to 20th of May CBN Governor Olayemi Cardoso...
CBN Governor Cardoso Declares Nigerian Economy Stable, Cites Rising Investor Confidence

CBN Governor Cardoso Declares Nigerian Economy Stable, Cites Rising Investor Confidence

by Favour Owonibi | May 21, 2025 | Business/Finance, Economics, NEWS

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared the Nigerian economy stable, citing improved investor confidence over the past 18 months. Cardoso made the remarks on Tuesday during a press briefing following the 300th Monetary Policy...
FG Launches Innovation Committee to Cut Food Imports by 50%, Boost Economy

FG Launches Innovation Committee to Cut Food Imports by 50%, Boost Economy

by Samuel | Apr 18, 2025 | Economics, NEWS

The Federal Government has taken a bold step to reduce Nigeria’s dependence on food imports by inaugurating an Interministerial Committee on Research and Innovation. Vice President Kashim Shettima, who launched the committee at the State House in Abuja, tasked members...

CBN Debunks Fake Circular on Introduction of N5,000 and N10,000 Notes — Labels Viral Document “Fake,” Urges Public to Rely on Official Channels for Accurate Info

by Peace Araga | Apr 4, 2025 | Business/Finance, Economics, Local, NEWS

The Central Bank of Nigeria (CBN) has dismissed claims that it is introducing N5,000 and N10,000 banknotes, labeling a circulating document on the matter as “fake.” In a statement shared on its official X (formerly Twitter) handle, the CBN refuted the...
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