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HomeTop Economic News

Top Economic News

Top Economic News

FAAC: FG, States, LGCs share N1.659 trillion May revenue

June 20, 2025 Nigerian CEO Magazine Comments Off on FAAC: FG, States, LGCs share N1.659 trillion May revenue
The Federation Account Allocation Committee (FAAC) has distributed a total of N1.659 trillion as Federation Account revenue for May 2025. This represents a decrease from […]
Top Economic News

Crude oil price crashes, puts 2025 FG revenue target in jeopardy

April 13, 2025 Nigerian CEO Magazine Comments Off on Crude oil price crashes, puts 2025 FG revenue target in jeopardy
THE price of Bonny Light, Nigeria’s premium oil grade, yesterday, dropped by 5.09 percent to $59.62 per barrel in the global market at the backdrop of […]
Top Economic News

Nigeria’s onion industry: Profit in every peel

April 3, 2025 Nigerian CEO Magazine Comments Off on Nigeria’s onion industry: Profit in every peel
​Nigeria ranks as the third-largest onion producer in Africa, yielding approximately two million metric tonnes annually. Despite this substantial output, the industry faces significant challenges, […]
Top Economic News

NNPCL increases petrol price to N950/litre

April 3, 2025 Nigerian CEO Magazine Comments Off on NNPCL increases petrol price to N950/litre
After holding back at first, the Nigerian National Petroleum Company Limited has raised the price of petrol to N925 per litre at its filling stations […]
Business Insight

ESG Forum Introduces Innovative Mentorship Initiative For Young Professionals

March 8, 2025 Nigerian CEO Magazine Comments Off on ESG Forum Introduces Innovative Mentorship Initiative For Young Professionals
The Environmental, Social, and Governance (ESG) Forum, a pioneering initiative dedicated to advancing sustainable development across Africa, has officially announced the launch of its Young […]
Top Economic News

60% manufacturers forced off-grid due to unreliable power supply — Minister

March 7, 2025 Nigerian CEO Magazine Comments Off on 60% manufacturers forced off-grid due to unreliable power supply — Minister
•Adopt alternative sources, driving up production costs •As FG unveils new policy to boost supply The Minister of Power, Adebayo Adelabu, has alerted that more […]
Business Insight

FNSB praises FCMB’s continued support for the blind

March 7, 2025 Nigerian CEO Magazine Comments Off on FNSB praises FCMB’s continued support for the blind
The Federal Nigeria Society for the Blind (FNSB) has commended First City Monument Bank (FCMB) for supporting the visually impaired community in Nigeria. Through financial […]
Africa Business News

Dangote Group tops Nigeria’s taxpayer list with N402.3B payment in 2024

March 7, 2025 Nigerian CEO Magazine Comments Off on Dangote Group tops Nigeria’s taxpayer list with N402.3B payment in 2024
Dangote Industries Limited (DIL) and its subsidiaries have announced a tax remittance of over N402.3 billion for the year 2024. Dangote Industries Limited and its […]
Africa Business News

African Leaders Unite to Mobilize African Investment and Financing for Implementing Agenda 2063

February 28, 2025 Nigerian CEO Magazine Comments Off on African Leaders Unite to Mobilize African Investment and Financing for Implementing Agenda 2063
Discussions centered on innovative strategies for mobilizing African capital, strengthening financial institutions, and leveraging the role of African Multilateral Financial Institutions (AMFIs) in financing critical […]
Top Economic News

New inflation rate may boost investor confidence but won’t ease cost of living in Nigeria– Expert

February 28, 2025 Nigerian CEO Magazine Comments Off on New inflation rate may boost investor confidence but won’t ease cost of living in Nigeria– Expert
The recent Consumer Price Index (CPI) adjustment by the National Bureau of Statistics (NBS) could boost investors’ confidence in the nation’s economy but may not […]

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