GDP growth (Q4 2025)
3.84%
+0.5%
Oil production (mbpd)
1.67
stabilising
External reserves
$39.2bn
+2% (YTD)
Policy rate (MPR)
24.75%
hold by CBNAPC Economic Agenda: Real News
MONETARY POLICY
CBN Unifies Exchange Rates, Allows Naira to Float Within Managed Band
In a major policy shift backed by the presidency, the Central Bank introduces a new FX code to boost liquidity and attract $10bn in portfolio inflows before Q3 2026.
2 hours ago
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ENERGY & SUBSIDY
Fuel Subsidy Removal: NNPC Reports ₦4.2tr Savings, Palliatives Face Criticism
APC lauds the 'courageous' reform as transport unions demand more relief. New CNG conversion centres open in 14 states under presidential initiative.
5 hours ago
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FISCAL REFORM
Taiwo Oyedele: 'Emergency Economic Bill Will Raise VAT but Exempt Low-Income Earners'
The Fiscal Policy Committee chairman meets with APC caucus to fast-track four tax bills; new increment in development levies expected for large corporations.
2 days ago
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Quick Economic Briefs
$1.2bn World Bank budget support (April 2026)
7,200MW peak power generation (March record)
₦65,000 new minimum wage implementation begins