Customs reaffirms CBN control of FX rates used for valuation
The Nigeria Customs Service (NCS) has clarified that it does not set or manipulate foreign exchange rates used for Customs valuation, stressing that all rates applied in import and export…
Tinubu hails Nigeria–UAE industrial deal as BUA signs MoU with Abu Dhabi ports, MAIR group
President Bola Tinubu has welcomed the signing of a strategic Memorandum of Understanding (MoU) between Nigeria’s BUA Group and UAE-based AD Ports Group and MAIR Group industrial and trade breakthrough.…
Otedola predicts naira to strengthen below ₦1,000/$ by year’s end
Billionaire investor Femi Otedola has projected that the naira could strengthen to below N1,000 to the dollar before the end of the year, attributing the optimism to the Dangote Petroleum…
Tinubu hails BOI over record ₦636bn loans to businesses in 2025
President Bola Tinubu has commended the Bank of Industry (BOI) for disbursing a record N636 billion in loans to businesses in 2025, describing the feat as validation of his administration’s…
World Bank praises Tinubu’s policies , says Nigeria now global benchmark for economic reforms
Nigeria has emerged as a global reference point for steady and credible economic reform leadership, the World Bank has said. Anna Bjerde, Managing Director of Operations at the World Bank,…
Coca-Cola plans fresh $1bn investment in Nigeria
The Coca-Cola Company has announced plans to invest an additional $1 billion in its Nigerian operations, a move expected to further strengthen its presence in the country and deepen longstanding…
Tinubu’s economic model to push Nigeria’s GDP growth higher in 2026 — Think Tank
The Independent Media and Policy Initiative (IMPI) has projected that Nigeria’s economy will record stronger growth in 2026 and beyond, attributing the outlook to the new economic model being implemented…
IMF raises Nigeria’s 2026 growth forecast to 4.4%
The International Monetary Fund (IMF) has revised its projection for Nigeria’s economic growth in 2026 upward to 4.4 per cent. The revised figure represents an increase from the earlier estimate…
Presidential Tax Reform Committee rebuts KPMG’s claims on new tax laws
The Presidential Fiscal Policy and Tax Reforms Committee has faulted a recent publication by KPMG on Nigeria’s new tax laws, describing much of the analysis as a misunderstanding of policy…
Tinubu hails historic NGX ₦100trn milestone, calls for more local investment
President Bola Tinubu has commended corporate Nigeria, citizens, and stakeholders in the capital market for surpassing the N100 trillion milestone on the Nigerian Exchange (NGX), describing the achievement as a…
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