FG earned N5.04tn from oil in 11 months – CBN
Between January and November last year, the Federal Government made about N5.04tn from the sale of oil, figures obtained from the Central Bank of...
Transport Costs Surge In Nigeria As Airfares And Okada Rides Drive Up February Spending
Nigerians paid more for transportation in February 2026 as rising airfares and motorcycle (Okada) fares pushed overall commuting costs higher, according to the National...
“Naira Devaluation Over, Reforms Strengthening Currency” – Cardoso
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Thursday declared that the era of persistent naira devaluation is over, saying...
IMF Says South Africa May Overtake Nigeria As Africa’s Biggest Economy
The International Monetary Fund (IMF) has disclosed in its forecast that South Africa may topple Nigeria as Africa’s biggest economy. According to the IMF World...
Yahaya Bello Lauds Buhari For Recognising Kogi As Oil Producing State
Gov. Yahaya Bello of Kogi has expressed the state government’s appreciation to President Muhammadu Buhari recognizing it as one of the Oil-producing states. This is...
Africa’s Economic Policies Rely On Borrowed Concepts — Moghalu
Kingsley Moghalu, the president of the African School of Governance and a former deputy governor of the Central Bank of Nigeria, has criticized Africa's...
South African President Ramaphosa Appoints Okonjo-Iweala Head Economic Advisory Council
South Africa's President Cyril Ramaphosa has reportedly appointed Dr. Ngozi Okonjo-Iweala as the Head of the country’s Economic Advisory Council. ABN TV reports that South...
Cardoso Reaffirms Commitment To Enhance Financial Stability
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to shaping global regulatory frameworks for stablecoins and other digital assets, emphasizing that innovation...
President Buhari Suspends Proposed Removal Of Petrol Subsidy Indefinitely
President Muhammadu Buhari has approved the suspension of the planned removal of petroleum products subsidy until further notice. This was disclosed to State House Correspondents...
Dollar To Naira Exchange Rate Today, March 2, 2026
The Nigerian Naira began the new month on a note of cautious stability against the US Dollar on Monday, March 2, 2026. Real-time data...
