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CBN Warns of External Reserve Risks Amid Fuel Subsidy Removal

The Central Bank of Nigeria warns that fuel subsidy removal, increased import costs, and higher debt obligations could threaten external reserve growth by 2024-2025

Nigerian Parliament Seeks Global Climate Tax To Aid Africa’s Recovery

Nigeria’s parliament urges a global tax on billionaires and multinational corporations to help African countries recover from climate change, with recent flooding in Borno and Zamfara highlighting the need for action.

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CBN Warns of External Reserve Risks Amid Fuel Subsidy Removal

The Central Bank of Nigeria warns that fuel subsidy removal, increased import costs, and higher debt obligations could threaten external reserve growth by 2024-2025

Nigerian Parliament Seeks Global Climate Tax To Aid Africa’s Recovery

Nigeria’s parliament urges a global tax on billionaires and multinational corporations to help African countries recover from climate change, with recent flooding in Borno and Zamfara highlighting the need for action.

CBN Considers New Legislation to Support Forex Market Operations

The Central Bank of Nigeria is considering legislation to strengthen forex market operations, aiming to stabilize the naira and boost investor confidence.

Abuja Residents Alarmed by Ongoing Tremors in City

Residents in parts of Abuja have reported continuous tremors for five days, prompting calls for government intervention as concerns over potential seismic activity grow.