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Nigeria records stronger GDP growth, 3.98% expansion in Q3 2025
Nigeria’s economy expanded by 3.98 percent (year-on-year) in real terms during Q3 2025, according to data released on Monday by…
OPEC+ maintains Nigeria’s crude quota at 1.5mbpd through December 2026
The Organisation of the Petroleum Exporting Countries (OPEC) and its cuts partners, including Russia, have upheld Nigeria’s crude…
Dangote Refinery vows to deliver 50 million litres of petrol daily
'Dangote Petroleum Refinery' has outlined plans to provide the market with 50 million litres of Premium Motor Spirit (PMS)…
‘We apologise for any inconvenience,’ FIRS announces temporary…
The Federal Inland Revenue Service (FIRS) has announced a temporary shutdown of its information technology (IT) systems.…
CBN directs banks, other financial institutions to withdraw non-compliant…
The Central Bank of Nigeria (CBN) has directed banks, payment service banks (PSB), and other financial institutions (OFI) to…
Nigeria’s VAT revenue increased by 32% to N2.06trn in Q2 2025 –…
The National Bureau of Statistics (NBS) says the aggregate value added tax (VAT) stood at N2.06 trillion in the second quarter…
Nigeria’s FX market now more transparent with $500m daily turnover —…
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the country’s foreign exchange (FX) market is now…
Why we can’t introduce new economic intervention schemes for now…
The Central Bank of Nigeria (CBN) says it cannot introduce new intervention programmes because N4.69 trillion of past…
16 banks have met CBN’s capital requirements — Cardoso
The Central Bank of Nigeria (CBN) has announced that 16 banks have now fully satisfied the regulatory capital requirements.…
CBN retains interest rate at 27%
The Monetary Policy Committee of the Central Bank of Nigeria has kept the benchmark interest rate unchanged at 27 per cent,…