ECONOMY Archives - The Cheer News

Nigerian States Domestic Debt 2025: Rising Borrowing Amid Surging Revenue Raises Fiscal Concerns

EDITORJuly 7, 2025July 7, 2025

by EDITORJuly 7, 2025July 7, 2025036

By DAYO ADESULU Despite record FAAC allocations in 2025, Nigerian states’ domestic debt rose by ₦417.7bn. Explore what’s fueling the rise in Nigerian states domestic...

Drop in the Price of Beans in Nigeria Boosts Household Access

EDITORJune 29, 2025June 29, 2025

by EDITORJune 29, 2025June 29, 20250106

By DAYO ADESULU The significant drop in the price of beans in Nigeria in 2025—down from ₦240,000 to as low as ₦80,000 per 100kg—is attributed...

Breaking News ECONOMY

President Tinubu Signs 4 Tax Reform Bills Into Law

EDITORJune 26, 2025

by EDITORJune 26, 20250187

President Tinubu Signs Four Tax Reform Bills Into Law: Boosting Nigeria’s Fiscal Future On Thursday, June 27, 2025, President Bola Ahmed Tinubu signed into law...

Breaking News ECONOMY

Nigeria’s April 2025 Inflation Rate Eases to 23.71%

EDITORMay 16, 2025May 16, 2025

by EDITORMay 16, 2025May 16, 20250240

By DAYO ADESULU Headline Inflation Rate Drops Nationally Nigeria’s April 2025 inflation rate recorded a modest decline, easing to 23.71% year-on-year, according to the latest...

Breaking News ECONOMY

Nigeria: Balance of Payments Surplus 2024 Reflects Strong Trade Performance

EDITORApril 10, 2025April 10, 2025

by EDITORApril 10, 2025April 10, 20250130

The Central Bank of Nigeria (CBN) report (yet to be sighted) highlights a substantial surplus in the country’s current and capital accounts, totaling $17.22 billion...

ECONOMY

TETFund 2025 Intervention Disbursement: Nigerian Universities, Polytechnics, and Colleges Receive Billions in Funding

EDITORMarch 13, 2025

by EDITORMarch 13, 20250333

The Tertiary Education Trust Fund (TETFund) has officially announced the disbursement of the TETFund 2025 intervention disbursement cycle, allocating billions of naira to public tertiary...

ECONOMY

Business Advocacy Group Urges CBN to Ease Monetary Tightening

EDITORFebruary 21, 2025

by EDITORFebruary 21, 20250179

By DAYO ADESULU The Centre for the Promotion of Private Enterprise (CPPE) has praised the Monetary Policy Committee (MPC) of the Central Bank of Nigeria...

ECONOMY Foreign News

G20 Foreign Ministers Meet in South Africa Amid US Snub and Rising Global Tensions

EDITORFebruary 20, 2025

by EDITORFebruary 20, 20250213

G20 Foreign Ministers Meet in South Africa Amid US Snub and Rising Global Tensions US Secretary of State Rubio Skips Talks, Raising Questions About Washington’s...

ECONOMY

FG Urges Retailers to Lower Food Prices, Calls for Fair Pricing

EDITORFebruary 19, 2025

by EDITORFebruary 19, 20250249

By DAYO ADESULU Minister of Agriculture Condemns Price Exploitation Despite Cost Reductions The Federal Government has called on retailers to adjust their prices to reflect...

ECONOMY

Nigeria’s Tax System is Unconducive for Growth – Taiwo Oyedele

EDITORFebruary 14, 2025

by EDITORFebruary 14, 20250295

By DAYO ADESULU Tax Reforms Critical to Economic Expansion, Says Presidential Committee Chairman Lagos, Nigeria—February 14 : The Chairman of the Presidential Committee on Fiscal...

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Category : ECONOMY

Nigerian States Domestic Debt 2025: Rising Borrowing Amid Surging Revenue Raises Fiscal Concerns

Drop in the Price of Beans in Nigeria Boosts Household Access

President Tinubu Signs 4 Tax Reform Bills Into Law

Nigeria’s April 2025 Inflation Rate Eases to 23.71%

Nigeria: Balance of Payments Surplus 2024 Reflects Strong Trade Performance

TETFund 2025 Intervention Disbursement: Nigerian Universities, Polytechnics, and Colleges Receive Billions in Funding

Business Advocacy Group Urges CBN to Ease Monetary Tightening

G20 Foreign Ministers Meet in South Africa Amid US Snub and Rising Global Tensions

FG Urges Retailers to Lower Food Prices, Calls for Fair Pricing

Nigeria’s Tax System is Unconducive for Growth – Taiwo Oyedele