Browsing: Economy
The Central Bank of Nigeria (CBN) is scheduled to conduct the first Treasury Bill auction for the month on May 6, 2026, according to a financial market circular released.
Gov. Dikko Radda of Katsina has announced a dramatic surge in the state’s monthly Internally Generated Revenue (IGR), rising from approximately ₦400 million to ₦3 billion.
Nigeria will rake in N6.8 trillion in fiscal windfall from the global energy crisis, which has increased oil prices across grades, BMI, a Fitch Solutions Company, said in a monthly update obtained by MarketForces Africa.
Nigeria Growth Momentum Begins to Shift, 19 Subsectors Contrast Nigeria’s purchasing manager index (PMI) reading for April indicates a shift…
The Federal Executive Council (FEC) on Thursday approved contracts for three major rail projects to boost infrastructure and economic growth.
Nigeria Treasury Bills Yield Rises 13bps on Sell Orders The average yield on Nigerian Treasury bills rose by 13 basis…
The outlook for an interest rate cut in Nigeria has turned negative, as disinflation reversed amid the global energy crisis triggered by the U.S.-Iran war in the Middle East.
President Bola Tinubu has signed the 2026 Appropriation Bill into law, authorising an aggregate expenditure of ₦68.32 trillion for the current fiscal year.
Nigeria Has No Immediate Need For IMF’s Support – Edun The Minister of Finance, Wale Edun, says Nigeria has no…
The International Monetary Fund (IMF) expects global economic growth to be slightly weaker than previously forecast, warning that rising geopolitical tensions and energy disruptions are weighing on activity.