FG REAFFIRMS IMF PARTNERSHIP, HONOURS OUTGOING RESIDENT REPRESENTATIVE

The Federal Government has reaffirmed its commitment to strengthening its partnership with the International Monetary Fund (IMF) as it honoured the Fund’s outgoing Resident Representative in Nigeria, Dr. Christian Ebeke.
CARDOSO AND OKONJO-IWEALA TO HEADLINE 7TH AFRICA EMERGING MARKETS FORUM IN ABUJA

CARDOSO AND OKONJO-IWEALA TO HEADLINE 7TH AFRICA EMERGING MARKETS FORUM IN ABUJA olatokewa July 26, 2026 3:50 pm The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, and the Director-General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, will headline a high-level fireside dialogue at the 7th Africa Emerging Markets Forum. The event […]
FG INAUGURATES COMMITTEE TO DEVELOP 2026 VAT MODIFICATION ORDER

The Federal Government has inaugurated an Inter-Ministerial Committee to develop the 2026 Value Added Tax, VAT, Modification Order. The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, inaugurated the committee on Friday in Abuja.
HIGH COSTS KILLING NIGERIAN FACTORIES – BAKRIN URGES URGENT ACTION

The Executive Secretary of the National Sugar Development Council, Mr. Kamar Bakrin, has told the 17th National Council on Industry, Trade and Investment in Enugu that Nigeria must choose between competing for the African market or conceding it.
BAGUDU REAFFIRMS FG’S COMMITMENT TO AGRI-FOOD SYSTEM TRANSFORMATION

Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has reaffirmed the Federal Government’s commitment to transforming Nigeria’s agri-food system through stronger collaboration, institutional reforms, science-driven agriculture and increased private-sector investment.
NIGERIA’S EXTERNAL RESERVES CROSS $52 BILLION FOR FIRST TIME IN 17 YEARS

Nigeria’s external reserves have climbed above 52 billion dollars for the first time in more than 17 years
NAICOM COMMENDS SENATE ON PASSAGE OF NATIONAL INSURANCE REGULATORY COMMISSION BILL

The National Insurance Commission, NAICOM, has commended the leadership of the Senate and the Chairman of the Senate Committee on Banking, Insurance and Other Financial Institutions, Senator Adetokunbo Abiru, for the passage of the National Insurance Regulatory Commission Bill by the Senate.
NIGERIA, DENMARK MOVE TO DEEPEN TRADE, INVESTMENT AND SUSTAINABLE DEVELOPMENT PARTNERSHIP

The Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, says Nigeria is committed to deepening its bilateral partnership with Denmark in trade, investment and sustainable development.
METER MANUFACTURERS WITHDRAW LAWSUIT, PAVE WAY FOR 1.55 MILLION SMART METERS

There is relief for electricity consumers as the Association of Meter Manufacturers of Nigeria, AMMON, has withdrawn its lawsuit against the Federal Government. The move clears the way for the procurement of 1.55 million smart meters and allows key government metering programmes to resume.
CBN RETAINS INTEREST RATE AT 26.5 % AS INFLATION EASES SLIGHTLY

The Monetary Policy Committee of the Central Bank of Nigeria has retained the benchmark interest rate, also known as the Monetary Policy Rate, at 26.5 percent. The decision was announced on Tuesday by CBN Governor, Mr. Olayemi Cardoso, at the end of the committee’s 306th meeting in Abuja.
