…to deepen public understanding of the CBN’s initiatives and their impact on Nigeria’s economy. The post Nigeria’s foreign reserves surpass annual target, rise above $52.5bn – CBN appeared first on Vanguard News.

…in endless political quarrels or personality clashes. “They are concerned about the economy, insecurity, unemployment, poor infrastructure, the welfare of ordinary citizens, and the growing hardship across the country. These are the issues that deserve the attention of public office holders. “It is also curious that th…

…noting that increased patronage of locally produced goods would further strengthen the economy. “If all 247 million Nigerians wear only Made-in-Nigeria goods, more than 10 million jobs will be created. We cannot create the kind of jobs we want if we continue relying on imported products,” he said. The governor called o…

…feed!Legit.ng journalist Dave Ibemere has over a decade of experience covering Nigeria's economy, capital markets, banking, and public finance.The Debt Management Office (DMO) has opened subscriptions for two Federal Government of Nigeria (FGN) Savings Bonds, offering investors the opportunity to invest from N5,000, wi…

…***Delta can rival Lagos as Nigeria’s growth engine -Okonjo Iweala By Babajide Komolafe, Economy Editor, Egufe Yafugborhi & Ochuko Akuopha ASABA—Vice President Kashim Shettima, yesterday, urged local and foreign investors to take advantage of Delta State’s enormous economic potential, declaring that healthy competition…

…of the masses. And the message is that we have to reset Nigeria in terms of everything: economy, security-wise, as you can see now. Before now, you could sleep with your two eyes closed, but things have changed.” Highlighting the party’s governance blueprint, Makinde pointed to the infrastructure and development stride…

…following a presentation by the Minister of Finance and Coordinating Minister of the Economy, Dr Taiwo Oyedele, on the significance of the refinancing arrangement. The approval allows the Nigerian National Petroleum Company Limited to refinance the outstanding balance of approximately $1.5bn under the original 2023 fac…

…State Economic and Investment Summit, where he also expressed confidence that Nigeria's economy was stabilising and gradually recovering.The former Governor of the Central Bank of Nigeria (CBN) said: "Nigeria has stabilised and is on the rise. I haven't borrowed a dime since I became governor." He said state government…

…of the masses. And the message is that we have to reset Nigeria in terms of everything: economy, security-wise, as you can see now. Before now, you could sleep with your two eyes closed, but things have changed.” Highlighting the party’s governance blueprint, Makinde pointed to the infrastructure and development stride…

The Pacific island nation of Nauru officially changed its name to the Republic of Naoero, reverting to its traditional spelling and pronunciationPresident David Adeang said the name change marks the beginning of renewed national pride and a return to the country's pre-colonial identityThe country's international code w…

…arguing that politics should be guided by morality, justice and accountability. On the economy, he said although the administration’s reforms may be well-intentioned, many Nigerians were yet to experience tangible improvements in their living conditions. He urged government officials to communicate with greater sensiti…

…Soludo said the discussions at the summit highlighted critical issues about Nigeria’s economy and the role of sub-national governments in attracting investment. He noted that recent reforms introduced by the Federal Government had strengthened macroeconomic stability, improved foreign exchange reserves and created a mo…

…with Arise TV, disclosed that President Tinubu disagreed with the assessment of the economy and security concerns raised by members of the Catholic Bishops' Conference of Nigeria during their meeting at the State House, Abuja, on July 28. At the meeting with President Tinubu, the Bishops expressed concerns over the cou…

…for 2025, up from 4,737.5 million pieces in 2024, as rising cash demand across the economy drove the apex bank to expand its currency indent by 20.5%.The figures obtained from the CBN's 2025 annual report & statement of accounts also revealed that currency in circulation grew by about 5.4% year-on-year to N5.73 trillio…

…the country’s tax base and strengthen compliance within the rapidly growing digital economy. In a public notice issued on Monday, the NRS said it had formally released the Guidelines on the Taxation of Virtual Assets. According to the agency, the document establishes a clear administrative framework governing tax oblig…

…at the Presidential Villa, Abuja. The bishops had expressed concerns over the country's economy, insecurity and political climate during the meeting. Following the visit, the Archbishop Emeritus of the Catholic Archdiocese of Abuja, Cardinal John Onaiyekan, disclosed that the President disagreed with the bishops' asses…

Cute Abiola sent an emotional message to Broda Shaggi during a congratulatory video for Peller and Jarvis's weddingBroda Shaggi's absence from the high-profile Lagos wedding on August 1 reignited concerns about the comedian's welfareThe heartfelt message comes months after reports that Broda Shaggi was shot during a fi…

…governance and family trusts, preserving the group's long-term role in the UAE's economy.12. Shamsheer Vayalil ($1.8 billion)Full name: Shamsheer Vayalil ParambathDate of birth: 11 January 1977Age: 49 years old (as of 2026)Nationality: IndianProfession: Founder and Chairman, Burjeel HoldingsCity: Dubai, UAENet worth: $…

…remarks, General Marwa commended Lekki Port for its growing contribution to Nigeria’s economy, noting that as maritime trade continues to expand, stronger partnerships, intelligence sharing and robust security measures will remain critical to safeguarding Nigeria’s ports and preserving the integrity of the nation’s sup…

…duly released by the Honourable Minister of Finance and Coordinating Minister of the Economy to the Accountant-General of the Federation.” The Office of the Accountant-General also directed MDAs to download and attach copies of Warrants or AIEs generated through the Government Integrated Financial Management Informatio…

…mining sector predates the current administration, noting that the liberalisation of the economy and opening of the solid minerals sector to foreign participation began in the 1990s. He said the establishment of the Nigerian Investment Promotion Commission (NIPC) and related reforms created an investment framework that…

…process. Venezuela, a country that has the world’s largest proven oil reserves but an economy in shambles, has been in a state of even bigger flux since US forces deposed Maduro. Devastating June earthquakes killed more than 5,500 people, compounding the country’s woes. Jorge Rodriguez said the talks will address post-…

…what he termed an unaccounted oil revenue windfall and warned that the country’s economy was drifting. Responding, Onanuga accused the presidential candidate of the African Democratic Congress of relying on outdated figures and ignoring recent economic developments. “It is curious that in the middle of 2026, the opposi…

…a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Nigerian Exchange (NGX) ended the trading week on a negative note, with investors losing roughly N1.26 trillion in market value as profit-taking swept through several major stocks.The NG…

…a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Nigerian National Petroleum Company (NNPC) Limited has released new pump prices for Premium Motor Spirit (PMS), popularly known as petrol, across its retail outlets nationwide, with moto…