The Federal Government has released a new Reform Scorecard defending the economic policies of President Bola Tinubu’s administration and arguing that the painful changes of the past three years have helped Nigeria avoid an even deeper economic crisis. Presented by Finance Minister and Coordinating Minister of the Economy Taiwo Oyedele on Wednesday, the scorecard says…
Nigeria’s naira remained relatively stable on Tuesday, supported by the country’s strong external reserves, even as the Nigerian stock market slipped into negative territory on renewed profit-taking by investors. The Central Bank of Nigeria’s external reserves currently stand at $52.73 billion, helping to sustain confidence in the foreign exchange market. On the official Nigerian Foreign…
Nigeria’s pension industry has reached a new milestone, with total pension assets rising to ₦31.48 trillion following recent reforms by the National Pension Commission (PenCom). The Commission also disclosed that 938,229 new contributors joined the Contributory Pension Scheme (CPS) over the past two years, bringing total membership to 11.32 million. Speaking at a State House…
