News
Higher Energy Costs To Slow Nigeria's Economy In 2026 " IMF -
1+ day, 20+ hour ago (155+ words) Wed Apr 15, 2026 April 15, 2026 12: 26 PM GMT+1 The International Monetary Fund has said that higher energy costs, driven by the conflict in the Middle East, will have a significant impact on the Nigerian economy this year. This was disclosed at the press…...
Ibadan Can Become Nigeria's Economic Powerhouse - CCII President
1+ week, 1+ day ago (480+ words) Thu Apr 09, 2026 April 9, 2026 8: 54 AM GMT+1 The President-General of the Central Council of Ibadan Indigenes (CCII), Ajeniyi Ajewole, has said the ancient city of Ibadan possesses the capacity to evolve into a major economic hub in Nigeria if its vast potential is…...
VIDEO: US-Iran-Israel Tensions Fuel Global Oil Spike - Onigbinde
2+ week, 6+ day ago (269+ words) Fri Mar 27, 2026 March 27, 2026 5: 38 PM GMT+1 The ongoing conflict involving the United States, Iran, and Israel is placing significant pressure on global oil markets, and Nigeria risks feeling a double impact, according, the CEO and Co-Founder of Budgit, Oluseun Onigbinde, has…...
Nigerian Banks, Fintechs Expand Operation As Tinubu Visits UK
4+ week, 2+ day ago (1150+ words) Tue Mar 17, 2026 March 17, 2026 7: 32 PM GMT+1 Nigerian Banks and Financial Technology companies, including Lem Fi, Kuda, Moniepoint, Fidelity Bank, and Zenith Bank, have expanded European operations to boost the economy as President Bola Tinubu embarks on a two-day state visit to…...
BREAKING: Nigeria Headline Inflation Drops To 15. 06%
1+ mon, 17+ hour ago (257+ words) Mon Mar 16, 2026 March 16, 2026 3: 26 PM GMT+1 The National Bureau of Statistics (NBS) has disclosed that the Nigerian headline inflation has declined marginally from 15. 10% recorded in January 2026 to 15. 06% in February. In a Monday statement cited by TVC News on the official website…...
Tinubu's Economic Reforms Stabilising Nigeria, Restoring Trust " Idris
2+ mon, 1+ week ago (650+ words) Sat Feb 07, 2026 February 6, 2026 12: 23 PM GMT+1 The Minister of Information and National Orientation, Mohammed Idris, has said that President Bola Ahmed Tinubu's economic reforms are stabilising Nigeria's economy, restoring confidence, and putting the country on a sustainable growth path after years…...
Nigeria Records $4. 6bn BOP Surplus as Economic Activity Strengthened in December
3+ mon, 2+ week ago (451+ words) Wed Dec 31, 2025 December 31, 2025 12: 23 PM GMT+1 Nigeria's external position improved markedly in the third quarter of 2025, with the country posting a Balance of Payments (BOP) surplus of $4. 60 billion, reversing the deficit recorded in the previous quarter. Data released by the Central…...
CBN Retains Monetary Policy Rate at 27%
4+ mon, 3+ week ago (317+ words) Fri Nov 28, 2025 November 25, 2025 3: 18 PM GMT+1 The Central Bank of Nigeria (CBN) has decided to keep the country's Monetary Policy Rate (MPR) unchanged at 27 per cent, the CBN Governor, Olayemi Cardoso, announced on Tuesday during the Committee's 303rd meeting in Abuja. The…...
Nigeria's Food Inflation Drops to 22. 74% in July 2025 - NBS
8+ mon, 1+ day ago (358+ words) Fri Aug 15, 2025 August 15, 2025 3: 32 PM GMT+1 Nigeria's food inflation rate stood at 22. 74% in July 2025 on a year-on-year basis, dropping by 16. 79 percentage points from the 39. 53% recorded in July 2024, according to the latest report by the National Bureau of Statistics (NBS). The figure…...
CBN's MPC Meeting Retains Monetary Rate At 27. 5%
8+ mon, 3+ week ago (290+ words) Tue Jul 22, 2025 July 22, 2025 3: 15 PM GMT+1 The Central Bank of Nigeria (CBN has announced a cut to its benchmark interest rate'the Monetary Policy Rate (MPR)'for the first time in five years. The decision, which marks a shift from the apex…...