Tinubu Approves N250,000 Grant for Outstanding MSMEs

President Bola Tinubu has approved an unconditional grant of N250,000 for each outstanding Micro, Small, and Medium Enterprise (MSME) exhibiting at the Expanded National MSME Clinic in Katsina State. Vice-President…

Nigeria Hits 96% of OPEC Quota in August

Nigeria’s upstream oil sector recorded a year-on-year increase in output, averaging 1.63 million barrels per day (bopd) of crude oil and condensates in August 2025, up from 1.58 million bopd…

CBN Launches Strategic Roadmap for Payment System Vision 2028

The Central Bank of Nigeria, CBN, says it has commenced the development a new strategic framework for the country’s payments ecosystem with the launch of the Nigeria Payments System Vision…

Why CBN Will Sustain Monetary Tightening Policy – Cardoso

Central Bank of Nigeria (CBN) will sustain its current monetary tightening policy to protect stability in the nation’s financial system, the apex bank governor Olayemi Cardoso said yesterday. He explained…

CBN Establishes New Unit to Tackle Financial Crime

The Central Bank of Nigeria has announced the creation of a dedicated Compliance Department aimed at enhancing oversight of non-prudential risks across the country’s financial system. This new unit reflects…

Contractors Protest Unpaid N4trn Capital Projects Arrears

Local contractors under the All Indigenous Contractors Association of Nigeria, on Wednesday, staged a protest at the Headquarters of the Ministry of Finance in Abuja, to demand payment for capital…

Lagos to Lead Nigeria into $1 Trillion Future

Lagos Governor, Babajide Sanwo-Olu, has pledged that the state will remain at the forefront of Nigeria’s drive to achieve a $1 trillion economy by 2030, through innovation, technology, and strategic…

Nigeria Records N20.59trn Revenue in 8 Months

The Presidency on Wednesday announced that Nigeria recorded its strongest fiscal performance in recent history, mobilising N20.59 trillion in revenues between January and August 2025. According to the figures, the…

Rising inflation, others endanger $1tn GDP plan — Afrinvest

Investment research and advisory firm Afrinvest has cast doubt on President Bola Tinubu’s ambitious projection that Nigeria’s economy would quadruple to $1tn by 2030, citing inflation, low oil output, and…