Peionews

Nigerian economy

CBN Redeploys Four Deputy Governors in Major Management Reshuffle

By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has redeployed its four Deputy Governors in a major management reshuffle…

Fuel Subsidy Removal Saved Nigeria From Bankruptcy – Tinubu

By Elizabeth Ugbo President Bola Ahmed Tinubu on Friday said the removal of fuel subsidy saved Nigeria from imminent bankruptcy…

Tinubu Administration Projects Reshape Nigeria’s Economy and Infrastructure

By Elizabeth Ugbo President Bola Ahmed Tinubu’s administration has intensified infrastructure development, economic reforms and education support across Nigeria within…

MTN Nigeria Pays N878.7bn Taxes as Revenue Hits N5.2tn in 2025

By Elizabeth Ugbo MTN Nigeria paid N878.7bn in taxes, levies, and duties to federal and state authorities in 2025. The…

Oghene Egoh Praises Tinubu’s Infrastructure Drive, Economic Reforms

By Elizabeth Ugbo Former lawmaker Oghene Egoh on Sunday in Lagos commended Bola Ahmed Tinubu for advancing road infrastructure and…

Wale Edun, Dangiwa Resign as Tinubu Appoints Taiwo Oyedele Finance Minister

By Elizabeth Ugbo Former Minister of Finance, Wale Edun, and Housing Minister, Ahmed Musa Dangiwa, resigned on Tuesday in Abuja,…

CPPE Commends CBN as 32 Banks Meet Recapitalisation Requirements, Calls for Stronger Credit Access

By Elizabeth Ugbo The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN)…

Nigeria’s External Reserves Hit $50.45bn, Highest in 13 Years – CBN

By Elizabeth Ugbo Nigeria’s gross external reserves climbed to $50.45 billion on February 16, 2026, according to the Governor of…