Nigeria’s bold economic reforms—removal of fuel subsidies and unification of the exchange rate—have ignited investor optimism, signaling a transformative shift towards a more resilient and diversified economy. The unification of Nigeria’s exchange rate, eliminating the dual-window system, has enhanced transparency and liquidity in the foreign exchange market. This move has[Read More…]
Tag: Post-Subsidy Gains: Investors Eyeing a Reformed Economy
Post-Subsidy Gains: Investors Eyeing a Reformed Economy
Nigeria’s bold economic reforms—removal of fuel subsidies and unification of the exchange rate—have ignited investor optimism, signaling a transformative shift towards a more resilient and diversified economy. The unification of Nigeria’s exchange rate, eliminating the dual-window system, has enhanced transparency and liquidity in the foreign exchange market. This move has[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]