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ECONOMY360: As Mojeed Alabi's DevReporting delves into Local Govt finances

Nigeria, Nov. 2 -- "May your road be rough," quipped Tai Solarin in his 1964 piece of the same title. Those words echoed through my mind for Mojeed Alabi and his DevReporting crew as I sat in the mids... Read More


BREAKING: No return to fuel subsidy, multiple exchange rates, Oyedele insists

Nigeria, Oct. 17 -- Nigeria's Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Saturday said there will be no reversal of the government's policies on fuel subsidy remov... Read More


Make sure subsidy savings go to poor citizens, IMF tells Nigerian Govt, others

Nigeria, Oct. 15 -- The International Monetary Fund (IMF) on Thursday urged the Nigerian government and other African economies to ensure that savings realised from subsidy removal policies are channe... Read More


Nigeria's fiscal crisis forced us to be creative, look beyond oil revenues - Cardoso

Nigeria, Oct. 15 -- Olayemi Cardoso, the governor of the Central Bank of Nigeria, said on Thursday that Nigeria's fiscal crisis forced the monetary and fiscal authorities to be creative in revenue gen... Read More


JUST IN: Cardoso explains reasons behind MPC interest rate cut, hails synergy with fiscal authorities

Nigeria, Oct. 15 -- Olayemi Cardoso, the governor of the Central Bank of Nigeria, on Thursday, provided insights into the reasons behind the Monetary Policy Committee's recent interest rate cut. Mr C... Read More


CBN restates single-digit inflation target as FG woos investors with tax credits

Nigeria, Oct. 14 -- Olayemi Cardoso, the governor of the Central Bank of Nigeria, on Wednesday, restated the commitment of the apex bank to achieving a single-digit inflation target. Mr Cardoso spoke... Read More


In Thailand, Dangote Group hails Tinubu's economic reforms, urges foreign investors to come to Nigeria

Nigeria, Oct. 14 -- The Dangote Group on Wednesday lauded the Nigerian government for providing an enabling environment for investors to thrive through its economic reforms and called on foreign inves... Read More


JUST IN: Nigerian government introduces 'five big fiscal reforms' to woo investors, engender growth

Nigeria, Oct. 14 -- Nigeria's Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Wednesday unveiled five fiscal reforms he said the Nigerian government will introduce to c... Read More


Nigerian government introduces 'five big fiscal reforms' to woo investors, engender growth

Nigeria, Oct. 14 -- Nigeria's Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Wednesday unveiled five fiscal reforms he said the Nigerian government will introduce to c... Read More


IMF warns against blanket petrol subsidies, suggests targeted support for poor, vulnerable people

Nigeria, Oct. 14 -- The International Monetary Fund (IMF) on Wednesday warned against blanket subsidies, saying targeted support for vulnerable and poor people provides better results. Rodrigo Valdes... Read More