Nigeria Earned N161tn In 15 Years As Tax Revenue Overtakes Oil In Major Fiscal Shift
Nigeria records N161tn revenue in 15 years as tax income overtakes oil.
Nigeria records N161tn revenue in 15 years as tax income overtakes oil.
Analyst says Flutterwave may expand into lending by leveraging its payment data and new deposit-taking capabilities.
Analyst warns that insecurity, climate dependence, and weak supply chains continue to threaten Nigeria’s food system.
ExxonMobil nears FID on $10bn projects, targeting 250,000bpd output increase in Nigeria within five years through new investments.
Air Peace plans London flights from Ogun’s Gateway Airport, boosting connectivity and positioning the facility as a major aviation hub.
Banks deposit record N128.9 trillion with CBN, reflecting excess liquidity, risk aversion and reduced lending to real sector.
Afrinvest cautions $6bn external borrowing may reverse debt-to-GDP gains, strain fiscal discipline, and pressure food security measures.
CBN mandates stress tests and capital buffers for banks, aiming to strengthen risk management and ensure financial stability.
Apex bank unveils roadmap to expand digital finance and strengthen Nigeria’s payments ecosystem.
Samsung is expected to report record profits as AI-driven chip demand fuels a major memory semiconductor supercycle.
NCAA says new aircraft influx within six months will expand capacity, lower fares, and enable Nigerian airlines to open new routes.
Minister Oyetola confirms progress on national carrier, partners with global firms, expands port upgrades beyond Lagos, and demands agency accountability.
Flutterwave gains licence to hold deposits, streamline settlements, and expand financial services across Nigeria’s growing digital economy.
Nigeria may gain from rising oil prices, but inflation, weak currencies and food risks threaten broader economic stability.
CBN says Union, Keystone and Polaris banks raising funds to meet recapitalisation threshold, urges customers to continue transactions without panic.
Johnson Chukwu, says recapitalization strengthens 33 banks’ balance sheets and boosts confidence in Nigeria’s financial sector.
Expert warns emotional discipline, not income, should guide investment decisions in volatile markets.
CBN reassures Nigerians that affected banks remain stable and fully operational despite recapitalization delays.
Adeleye Falade assumes NLNG leadership, succeeding Mshelbila, as company consolidates indigenous management and prepares for major expansion projects.
Nigeria’s oil reserves fall for third straight year despite exploration funding, while gas reserves rise slightly, regulators confirm.
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