TUC Rejects ₦70,000 Transport Allowance, Calls for Salary Increases
The Trade Union Congress (TUC) has rejected the Federal Government’s proposed transport allowance of ₦70,000 for public service workers over...
Tag Archives: #NigeriaEconomy
FG Defends $21.7bn External Borrowing Plan, Says Funds Will Finance Productive Investments
The Federal Government has defended its proposed $21.7 billion external borrowing plan, saying the funds are intended to finance infrastructure...
Oil Prices Fall as Hopes of US-Iran Peace Talks Ease Supply Concerns
International oil prices fell on Thursday, October 29, as hopes of renewed negotiations between the United States and Iran eased...
Tinubu Seeks National Assembly Approval for $20.52bn and €1.045bn Foreign Loans
President Bola Ahmed Tinubu has asked the National Assembly to approve a supplementary external borrowing plan worth $20.52 billion and...
Nigeria secures fresh international support for economic reforms
Nigeria has secured renewed commitments for technical assistance and financing cooperation from the World Bank, the International Monetary Fund and...
Stronger reserves improve Nigeria’s external position, but currency stability remains a key concern.
Nigeria's foreign exchange market remains an important focus for investors and businesses as the country seeks to strengthen its external...
Oil Prices Hold Firm as US Considers Easing Restrictions on Tanker Fleet
International oil prices remained influenced by geopolitical developments on Friday as traders assessed possible changes to US restrictions affecting the...
IMF Backs CBN’s Monetary Policy Shift as Nigeria Seeks Stronger Economic Stability
The International Monetary Fund has expressed support for the Central Bank of Nigeria's recent monetary policy adjustment, describing the decision...
World Bank Projects Nigeria’s Economy to Grow by 4.4% Annually Through 2028
The World Bank has projected that Nigeria's economy could grow by an average of 4.4 per cent annually through 2028,...
Fitch Revises Nigeria’s Economic Outlook to Positive, Maintains B Rating
International credit rating agency Fitch Ratings has revised Nigeria's long-term economic outlook from stable to positive while maintaining the country's...