Category : Search result: fiscal monetary policy


16 Banks Meet CBN Recapitalisation Target

CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.

CBN Retains MPR at 27%, Delays Loan Rate Cuts

Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.

CBN: Economy Improving But More Work Needed

CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.

Kalu: Nigerians Yearn for State Police, Federalism

Deputy Speaker Benjamin Kalu reveals Nigerians strongly demand constitutional reforms including state police and fiscal federalism. Lawmakers are finalizing amendments to address governance and security challenges.

Nigeria Ends Mother Tongue Education Policy

Nigeria's government cancels indigenous language teaching policy after WAEC, NECO failures surge. Education Minister cites evidence-based decision for English-only instruction.

Nigeria to Tax Cryptocurrency Under New Law

Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.

Niger Delta Demands Urgent Oil Spill Remediation

Stakeholders urge the Federal Government to immediately remediate Niger Delta oil spills, enabling a return to agriculture and economic diversification ahead of the global energy transition.

Nigeria at Risk of Debt Crisis, Experts Warn

Financial experts warn Nigeria risks another debt crisis without urgent reforms. Learn about the critical measures needed to stabilize the economy and prevent financial distress.

Inflation falls to 16.05% in October 2025

Nigeria's inflation rate drops to 16.05% in October 2025, marking the lowest level since 2017. Discover how food prices and policy changes are driving this positive trend.

NIQS: Zero Tolerance for Professional Misconduct

The Nigerian Institute of Quantity Surveyors (NIQS) has reaffirmed its zero-tolerance stance on professional misconduct. Read more about the sanctions and the upcoming conference.

Nigerian banks post N14.7tn interest income

Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.

House Scrutinizes Tinubu's N1.15T Loan Request

Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.

Nigeria's Politics Shapes Trump Africa Policy

Recent developments reveal how Nigeria's domestic political landscape is significantly influencing Trump's administration approach to African relations and policy decisions.

FG Unveils 50 Tax Reliefs for New Fiscal Reforms

The Nigerian government has introduced 50 major tax exemptions and relief measures to protect citizens and businesses from the immediate effects of new fiscal reforms. Discover how these changes will affect you.

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