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# ![@thecompasshub Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::1957152658797875200.png) @thecompasshub The Compass Hub

The Compass Hub posts on X about nigeria, bank of, finance, investment the most. They currently have XXXXX followers and XXX posts still getting attention that total XXXXXX engagements in the last XX hours.

### Engagements: XXXXXX [#](/creator/twitter::1957152658797875200/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1957152658797875200/c:line/m:interactions.svg)

- X Week XXXXXXX +105%
- X Month XXXXXXX -XX%

### Mentions: XX [#](/creator/twitter::1957152658797875200/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1957152658797875200/c:line/m:posts_active.svg)

- X Week XX -XX%
- X Month XXX +18%

### Followers: XXXXX [#](/creator/twitter::1957152658797875200/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1957152658797875200/c:line/m:followers.svg)

- X Week XXXXX +7.60%
- X Month XXXXX +34%

### CreatorRank: XXXXXXX [#](/creator/twitter::1957152658797875200/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1957152658797875200/c:line/m:influencer_rank.svg)

### Social Influence [#](/creator/twitter::1957152658797875200/influence)
---

**Social category influence**
[finance](/list/finance)  [countries](/list/countries)  [currencies](/list/currencies)  [mls](/list/mls)  [technology brands](/list/technology-brands) 

**Social topic influence**
[nigeria](/topic/nigeria) #197, [bank of](/topic/bank-of) #33, [finance](/topic/finance) #4500, [investment](/topic/investment) #1896, [currency](/topic/currency), [inflation](/topic/inflation) #182, [over the](/topic/over-the) #2328, [naira](/topic/naira), [nigerian naira](/topic/nigerian-naira), [debt](/topic/debt)
### Top Social Posts [#](/creator/twitter::1957152658797875200/posts)
---
Top posts by engagements in the last XX hours

"The Dangote PetroleumRefinery has intensified efforts through the use of Compressed Natural Gas (CNG)-powered trucks to distribute Premium Motor Spirit PMS also known as petrol at N850 per litre to different parts of the nation"  
[X Link](https://x.com/thecompasshub/status/1978515938744901886) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T17:38Z 4241 followers, 19.8K engagements


"CBN: Nigerias monthly FX turnover hit $8.6bn in 2025 The Central Bank of Nigeria (CBN) says average monthly foreign exchange (FX) turnover in the country increased to $XXX billion in 2025. Mohammed Sani Abdullahi the deputy governor for economic policy at the Central Bank of Nigeria (CBN) spoke on Wednesday during an investors forum on the sidelines of the annual meetings of the International Monetary Fund (IMF)/World Bank in Washington D.C United States. Over the last two years Abdullahi said the country has placed strong emphasis on improving foreign exchange (FX) inflows into the economy"  
[X Link](https://x.com/thecompasshub/status/1978793780166729943) [@thecompasshub](/creator/x/thecompasshub) 2025-10-16T12:02Z 4241 followers, 18.8K engagements


"Nigeria's inflation has steadily declined from XXXX% in January to XXXXX% in September 2025 marking the longest disinflationary run in years driven by effective fiscal and monetary reforms improved agricultural supply and exchange rate stability. This trend brings socioeconomic benefits including higher real incomes for households boosted by eased costs of essential goods stimulating investment and business growth through stabilized input prices and enhancing monetary easing flexibility for the Central Bank of Nigeria"  
[X Link](https://x.com/thecompasshub/status/1979251939163672982) [@thecompasshub](/creator/x/thecompasshub) 2025-10-17T18:23Z 4243 followers, 9056 engagements


"Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms Taiwo Oyedele has stated that the savings from the removal of fuel subsidy since 2023 are grossly inadequate to meet Nigerias development needs. Oyedele who spoke on Wednesday in Abuja while delivering a keynote address at a one-day capacity-building training on the Nigeria Tax Act (2025) for members of the State House Press Corps stressed that the country must embrace comprehensive tax reforms to reposition the economy for sustainable growth. According to him Nigerias total annual budgetary outlay covering the federal"  
[X Link](https://x.com/thecompasshub/status/1966670725441614319) [@thecompasshub](/creator/x/thecompasshub) 2025-09-13T01:10Z 4134 followers, 10.7K engagements


"The Nigerian naira appreciated against the U.S dollar by about XXX% over the past week moving from N1519/$ to N1497/$ as the Nigerian Apex Bank will meet to decide on the countrys headline interest rate. The largest daily gain occurred on September XX with a XXXX% drop in the USD/NGN exchange rate"  
[X Link](https://x.com/thecompasshub/status/1970247018598871317) [@thecompasshub](/creator/x/thecompasshub) 2025-09-22T22:01Z 4238 followers, 2485 engagements


"The BRICS Womens Business Alliance led by its Russian chapter has announced plans to open a regional office in Nigeria as part of efforts to strengthen economic cooperation and boost women-led entrepreneurship across the BRICS and African regions. The announcement was made during a press briefing in Abuja on Tuesday following a two-day working visit by a five-member Russian delegation headed by Chairperson of the BRICS Russia WBA Anna Nesterova. The team also held a closed-door meeting with the Minister of State for Foreign Affairs Ambassador Bianca Odumegwu-Ojukwu at the State House. BRICS"  
[X Link](https://x.com/thecompasshub/status/1973373322478977147) [@thecompasshub](/creator/x/thecompasshub) 2025-10-01T13:03Z 4215 followers, 1021 engagements


"Nigeria records XXX% oversubscription on FGN bond Nigerias domestic debt market witnessed a surge in investor demand in September 2025 as the Federal Government recorded a XXX% oversubscription in its monthly bond auction despite a reduction in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN). The Debt Management Office (DMO) reported total subscriptions of N1.26 trillion against the N200 billion on offer with allotments rising to N576.62 billion compared to just N136.16 billion in August. Although yields are falling and rates are being cut the investor appetite remains"  
[X Link](https://x.com/thecompasshub/status/1973666020205228504) [@thecompasshub](/creator/x/thecompasshub) 2025-10-02T08:27Z 4215 followers, 1306 engagements


"NIGERIA @65: TINUBU'S XX ECONOMIC ACHIEVEMENTS X. Increase in Oil production Nigeria boosted crude oil output improving foreign exchange earnings and stabilizing energy supply. This increase also supports government revenue and helps restore Nigerias position in the global oil market. X. Increase in Non-Oil Revenue Diversification efforts raised government income from taxes and other sectors beyond oil. This shift reduces overdependence on crude oil and strengthens long-term economic stability. X. Return of Fiscal Health The debt service-to-revenue ratio dropped significantly easing fiscal"  
[X Link](https://x.com/thecompasshub/status/1974325129191571925) [@thecompasshub](/creator/x/thecompasshub) 2025-10-04T04:06Z 4215 followers, 3950 engagements


"PENGASSAN STRIKE EFFECT The nationwide strike embarked upon by some oil workers recently cost Nigeria over 200000 barrels per day of crude oil and also affected gas production and electricity generation an official announced on Monday. The Group Chief Executive Officer of the NNPC Ltd Bayo Ojulari announced this on Monday after meeting with President Bola Tinubu at the Presidential Villa in Abuja. In this particular case we actually lost significant production of over 200000 bpd that was deferred; we also have gas production that was deferred; we also have power generation that was impacted"  
[X Link](https://x.com/thecompasshub/status/1975183773856624741) [@thecompasshub](/creator/x/thecompasshub) 2025-10-06T12:58Z 4132 followers, 4326 engagements


"OIL AND GAS SECTOR GAINS Sahara Group one of Africas leading energy and infrastructure conglomerates has announced plans to ramp up its upstream crude oil production to 350000 barrels per day (bbl/d) within the next five years. This growth will be driven by a major upgrade of our exploration and production services enhanced execution capacity and the acquisition of seven brand-new rigs to accelerate and improve production efficiency Leste Aihevba Chief Technical Officer Asharami Energy a Sahara Group Upstream Company said. Aihevba made this disclosure while addressing investors and"  
[X Link](https://x.com/thecompasshub/status/1975468446126071823) [@thecompasshub](/creator/x/thecompasshub) 2025-10-07T07:49Z 4229 followers, 11.4K engagements


"JOB CREATION: NECESSITY The Nigerian Economic Summit Group (NESG) has warned that Nigeria must generate at least XXXX million new formal jobs between 2025 and 2030 to maintain its unemployment rate at XXX per cent and prevent a looming employment crisis. In its latest report titled From Hustle to Decent Work: Unlocking Jobs and Productivity for Economic Transformation in Nigeria the group revealed that this translates to an annual average of XXXX million net new jobs a target it described as both ambitious and indispensable for sustaining inclusive economic growth and social stability. NESG"  
[X Link](https://x.com/thecompasshub/status/1975542591555796999) [@thecompasshub](/creator/x/thecompasshub) 2025-10-07T12:43Z 4212 followers, XXX engagements


"INTRODUCING FEDERAL BILLING SYSTEM Wale Edun minister of finance and coordinating minister of the economy says the federal government is determined to ensure full transparency in public finances by bringing all government funds under the supervision of the Central Bank of Nigeria (CBN). Speaking at the ongoing 31st Nigerian Economic Summit (NES) in Abuja on Monday Edun disclosed that the government only gained full visibility of its accounts with the CBN on August X 2025. We are determined to bring all federal government funds into visibility. There is a lot of government money lying outside"  
[X Link](https://x.com/thecompasshub/status/1975814483869045080) [@thecompasshub](/creator/x/thecompasshub) 2025-10-08T06:44Z 4233 followers, 15K engagements


"NAIRA GAINED AGAINST EURO The Nigerian Naira has shown signs of strengthening against the Euro (EUR) particularly in the parallel (black) market. Latest price action at the official market showed the Nigerian currency settled at N1715/ from N1729/ / at the last day in September. The nairas bullish run against the European currency comes as the Eurozones second-largest economy France faces political unrest"  
[X Link](https://x.com/thecompasshub/status/1975945130629579179) [@thecompasshub](/creator/x/thecompasshub) 2025-10-08T15:23Z 4233 followers, 9865 engagements


"INVESTING PENSION FUND IN OIL AND GAS SECTOR President Bola Tinubu has called for a strategic review of pension fund asset policies to allow investment in Nigerias oil and gas sector urging a rethinking to unlock the vast economic potential of the industry.President Tinubu who commissioned the $XXX million Green Energy International Limited (GEIL) crude oil export terminal in Otakikpo Rivers State on Wednesday emphasised the immense returns that could be realised from such investments. The Otakikpo terminal is Nigerias first indigenous crude oil export terminal and the first new terminal"  
[X Link](https://x.com/thecompasshub/status/1976257829162868875) [@thecompasshub](/creator/x/thecompasshub) 2025-10-09T12:05Z 4229 followers, 1986 engagements


"OIL AND GAS SECTOR OML 18: NNPC Sahara launch 2.2-million-barrel floating vessel The Nigerian National Petroleum Company Limited (NNPCL) Sahara Group Eroton Exploration & Production Company and Bilton Energy Limited have jointly commissioned the nations first wholly owned 2.2-million-barrel capacity Floating Storage and Offloading (FSO) vessel. The vessel named Cawthorne is designed to drive sustained oil production enhance crude export reliability and bolster Nigerias energy security and sustainability. A statement sent by Head of Corporate Communications at Sahara Group Ltd Bethel Obioma on"  
[X Link](https://x.com/thecompasshub/status/1976390116802228446) [@thecompasshub](/creator/x/thecompasshub) 2025-10-09T20:51Z 4229 followers, 1454 engagements


"Fitch Ratings has affirmed Nigerias Long-Term Foreign-Currency Issuer Default Rating (IDR) at B with a Stable Outlook citing improved foreign exchange liquidity and ongoing monetary and fiscal reforms while warning that weak governance and high inflation remain key credit challenges. In its latest review released on Friday the global ratings agency said Nigerias rating is supported by its large economy a liquid domestic debt market and substantial oil and gas reserves. However it noted that persistent inflation revenue weakness and security issues continue to weigh on the countrys credit"  
[X Link](https://x.com/thecompasshub/status/1977035598385811880) [@thecompasshub](/creator/x/thecompasshub) 2025-10-11T15:36Z 4229 followers, 4313 engagements


"The NNPC Limited Sahara Group Eroton E&P and Bilton Energy Ltd. have commissioned Nigerias first wholly owned XXX million-barrel capacity Floating Storage and Offloading (FSO) vessel designed to drive sustained oil and gas production energy reliability security and sustainability across Nigeria. The vessel is Nigerias first Crude Oil Terminal to be commissioned in XX years. Christened Cawthorne the Floating Storage and Offloading (FSO) Terminal is a world-class facility designed to enhance crude evacuation from Nigerias OML XX and nearby assets. OML XX partners include Nigerian National"  
[X Link](https://x.com/thecompasshub/status/1977077030597304794) [@thecompasshub](/creator/x/thecompasshub) 2025-10-11T18:21Z 4233 followers, 25.1K engagements


"CRUDE OIL PRODUCTION DROPS Nigerias crude oil and condensate production dropped to an average of XXXXX million barrels per day (bpd) in September 2025. This is according to the latest figures released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Saturday. The Commissions report revealed that the September production consisted of XXXX million bpd of crude oil and 191373 bpd of condensates marking a temporary setback in the countrys upstream performance.The dip in output comes amid recent market developments as OPEC+ signaled a modest production increase for November a"  
[X Link](https://x.com/thecompasshub/status/1977304823700529651) [@thecompasshub](/creator/x/thecompasshub) 2025-10-12T09:26Z 4235 followers, 1040 engagements


"PENGASSAN STRIKE ECONOMIC LOSS COUNT. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigerias crude oil and condensate production fell to an average of XXXXX million barrels per day (bpd) in September 2025. The commission disclosed this in a statement on Saturday citing official statistics released by its Head of Media and Strategic Communication Eniola Akinkuotu. NUPRC attributed the drop to a three-day industrial action by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) which led to the shutdown of several production and export added that"  
[X Link](https://x.com/thecompasshub/status/1977365769475309866) [@thecompasshub](/creator/x/thecompasshub) 2025-10-12T13:28Z 4225 followers, 11.7K engagements


"CARDOSO LEADS NIGERIA'S DELEGATION TO THE WORLD BANK-IMF MEETING IN WASHINGTON DC Mr Olayemi Cardoso the Governor of the Central Bank will lead Nigeria's delegation to the World Bank and International Monetary Fund Annual Meeting in Washington DC which opens on Monday October XX. Cardoso as the alternate Governor replaces the Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun who is indisposed. The Nigerian team will also comprise the Minister of State for Finance Doris Uzoka-Anete. According to the World Bank key elements of the Annual Meetings include the Development"  
[X Link](https://x.com/thecompasshub/status/1977472219748991091) [@thecompasshub](/creator/x/thecompasshub) 2025-10-12T20:31Z 4213 followers, 7311 engagements


"VIDEO NEWS: HRH SANUSI LAMIDO SANUSI II speaks on diversification of the economy and effect of removal of Subsidy in Nigeria"  
[X Link](https://x.com/thecompasshub/status/1977689325321048110) [@thecompasshub](/creator/x/thecompasshub) 2025-10-13T10:54Z 4233 followers, 8697 engagements


"AGRICULTURAL FINANCING Nigerias agricultural sector is set for a major financing boost as the European Union has approved a XXX million (about N320.5bn) credit line to expand lending to farmers and agribusinesses through Nigerian commercial banks and development finance institutions. The facility provided by the European Investment Bank was announced during a bilateral meeting between senior EIB executives and a delegation from the Federal Ministry of Budget and Economic Planning on the sidelines of the Global Gateway Forum held recently in Brussels Belgium. A statement issued on Monday by"  
[X Link](https://x.com/thecompasshub/status/1977834825009733885) [@thecompasshub](/creator/x/thecompasshub) 2025-10-13T20:32Z 4131 followers, 11.7K engagements


"FG Unveils X Trillion Power Sector Debt Reduction Plan to Restore Investor Confidence and Boost Energy Reform. The Federal Government of Nigeria has taken a bold step toward restoring financial stability and investor confidence in the electricity market with the finalization of the implementation framework for the **4 trillion Presidential Power Sector Debt Reduction Plan** a landmark initiative approved by President Bola Ahmed Tinubu. The plan aims to address deep-rooted structural bottlenecks and lay a solid foundation for large-scale private sector-led investment and sustained economic"  
[X Link](https://x.com/thecompasshub/status/1978130702156599677) [@thecompasshub](/creator/x/thecompasshub) 2025-10-14T16:08Z 4128 followers, 17.7K engagements


"NAIRA DEPRECIATION The Naira opened the week on a mild depreciation trading at N1467.01/$1 on Tuesday slightly weaker than the N1460/$1 it closed at on Monday. This is according to data tracked by Nairametrics on the Central Bank of Nigerias (CBN) website. Nairametrics reports that the currency closed at N1458/$1 on Friday recording its best performance since 2024 as the Central Bank of Nigeria (CBN) intensified efforts to stabilize the foreign exchange market and sustain recent monetary gains. CBN data shows that the Naira began last week at N1464/$1 on Monday before depreciating slightly to"  
[X Link](https://x.com/thecompasshub/status/1978439710851649667) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T12:35Z 4185 followers, 1090 engagements


"Nigeria and the United Kingdom have agreed to begin the process of amending their Bilateral Air Services Agreement to reflect evolving trends in international air travel and strengthen cooperation between both countries. This was made known in a statement made available on Tuesday by Tunde Moshood Special Adviser on Media and Communications to the Minister of Aviation and Aerospace Development Festus Keyamo. Moshood said the two countries reached the agreement during a courtesy visit to the Minister of Aviation and Aerospace Development by top executives of British Airways led by Alan"  
[X Link](https://x.com/thecompasshub/status/1978440091342168569) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T12:37Z 4233 followers, 20.9K engagements


"1TRILLION NAIRA INVESTMENT IN SOLID MINERALS. In a bid to diversify the economy and reduce over-dependence on oil President Bola Tinubu has announced N1 trillion investment in the solid minerals sector. The president disclosed this while delivering the keynote at the 10th Edition of Nigeria Mining Week 2025 in Abuja. Represented by the Secretary to the Government of the Federation Senator George Akume the president noted that the N1 trillion commitment which is the largest government-led mining initiative in the nations history was drawn from the N4.5 trillion increase in the 2025 federal"  
[X Link](https://x.com/thecompasshub/status/1978441597680288068) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T12:43Z 4214 followers, 15K engagements


"NAIRA GAINS The Governor of the Central Bank of Nigeria (CBN) Yemi Cardoso says the Naira is now more competitive following months of economic reforms and currency stabilization efforts. Speaking on Tuesday at a G24 media briefing on the sidelines of the ongoing IMF/World Bank Annual Meetings in Washington Cardoso emphasized that Nigerias proactive measures have created resilience against global economic shocks. We were able to create resilience and buffers against potential shocks Cardoso said on Tuesday. In terms of anchoring expectations we found that those who followed the Nigerian"  
[X Link](https://x.com/thecompasshub/status/1978464170883395736) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T14:13Z 4185 followers, 5230 engagements


"NAIRA STRENGTHEN AGAINST POUND The naira appreciated against the British pound as global currency markets remained volatile. The British pound ended Wednesdays trading session at N1945/ in the official market. The Central Bank of Nigerias (CBN) decision to float the naira and harmonize multiple exchange rates has improved sentiment in the real sector. Recent price movements indicate that the Nigerian currency has remained in a consolidation phase in the unofficial market ranging between N1920/ and N2100/ this month. Improvements in foreign exchange inflows and moderation in Nigerias inflation"  
[X Link](https://x.com/thecompasshub/status/1978481302547345559) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T15:21Z 4229 followers, 1106 engagements


"RENEWABLE ENERGY Nigeria is on course to unlock an investment opportunity worth over $XXX million as part of its ambitious plan to become Africas renewable energy hub. Vice President Kashim Shettima stated this yesterday in Abuja at the inaugural Nigerian Renewable Energy Innovation Forum (NREIF) 2025. He said the countrys energy transition under President Bola Tinubu is being structured to attract massive investments expand access and create a self-sustaining clean energy market that will power homes industries and innovation across the federation.According to a statement issued by Senior"  
[X Link](https://x.com/thecompasshub/status/1978483175023083579) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T15:28Z 4204 followers, XXX engagements


"The Ogun State Government has announced a major partnership with two renewable energy service companies to generate 1100 megawatts (MW) of solar power in a move aimed at boosting industrial growth and promoting clean energy adoption in the state. According to a statement released on Wednesday the partnership involves Tranos Contracting Limited and Vision Gas and Power Limited both of which will establish solar panel manufacturing and battery assembly plants in Ogun. Tranos is set to develop a 600MW solar panel and battery pack facility while Vision Gas and Power will build a 500MW solar panel"  
[X Link](https://x.com/thecompasshub/status/1978525778233999780) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T18:17Z 4204 followers, 1680 engagements


"FOREIGN RESERVES RISE TO $43B Mohammed Abdullahi the deputy governor of the Central Bank of Nigeria (CBN) for economic policy says the countrys foreign exchange (FX) reserves have climbed to a five-year high of $XXXX billion. Abdullahi spoke at the Nigeria Investors Forum held in Washington D.C United States on the sidelines of the IMFWorld Bank annual meetings where he led discussions on Nigerias economic outlook and reform progress. He said the reserves which hit the mark on October XX despite clearing foreign exchange backlogs provide XX months of import cover. Our gross reserves are at a"  
[X Link](https://x.com/thecompasshub/status/1978792127803863072) [@thecompasshub](/creator/x/thecompasshub) 2025-10-16T11:56Z 4238 followers, 1111 engagements


"VIDEO NEWS: Mr Taiwo Oyedele message to investors at the ongoing World Bank and IMF meetings in the U.S. on changes to the Capital Gains Tax regime under our new tax reform laws"  
[X Link](https://x.com/thecompasshub/status/1979078205169447064) [@thecompasshub](/creator/x/thecompasshub) 2025-10-17T06:53Z 4235 followers, XXX engagements


"PHOTO NEWS: As part of ongoing efforts to bolster investor confidence and enhance Nigerias economic outlook the Governor of the Central Bank of Nigeria (CBN) Mr. Olayemi Cardoso together with the Minister of State for Finance Dr. Doris Uzoka-Anite engaged global investors at a high-level forum on October XX 2025 during the IMF and World Bank Fall Meetings in Washington D.C. Governor Cardoso highlighted sustained stability in the foreign exchange market a steady accumulation of external reserves and increasing investor participation across fixed income and equities. Discussions underscored how"  
[X Link](https://x.com/thecompasshub/status/1979079683384688931) [@thecompasshub](/creator/x/thecompasshub) 2025-10-17T06:59Z 4235 followers, XXX engagements


"NAIRA CONTINUE ITS WIN AGAINST DOLLAR Naira closed the week stronger appreciating to N1458 per US dollar on Friday its best performance since 2024 as the Central Bank of Nigeria (CBN) intensified efforts to stabilize the foreign exchange market and sustain recent monetary gains. According to official data from the CBN website the Naira began the week at N1464/$1 on Monday before depreciating slightly to N1472/$1 on Tuesday. The currency regained some strength midweek appreciating to N1469/$1 on Wednesday and N1464/$1 on Thursday. The currency sustained its gains on Friday closing at N1458/$1"  
[X Link](https://x.com/thecompasshub/status/1977035006410109343) [@thecompasshub](/creator/x/thecompasshub) 2025-10-11T15:34Z 4238 followers, 18.1K engagements


"SOLAR PANEL PRODUCTION The Federal Government through the Rural Electrification Agency has signed a strategic partnership with global off-grid solar company Sun King to boost local manufacturing expand renewable energy access and save Nigeria up to $XXX million in solar imports over the next five years. The Memorandum of Understanding signed during the Nigeria Renewable Energy Innovation Forum in Abuja was witnessed by Vice President Kashim Shettima and Sun Kings co-founder and Chief Executive Officer Patrick Walsh. The agreement underscores Nigerias growing commitment to industrialise its"  
[X Link](https://x.com/thecompasshub/status/1978362316778250284) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T07:28Z 4239 followers, XXX engagements


"Business Activity Expands For 10th Consecutive Month in Nigeria. Nigerias economy continued its upward momentum in September 2025 as the Purchasing Managers Index (PMI) rose to XXXX points indicating stronger expansion in business activity across key sectors. According to the latest PMI report released by the Central Bank of Nigeria (CBN) the index increased from XXXX points in August marking the tenth consecutive month of expansion. The improvement reflects broad-based growth across the Industry Services and Agriculture sectors reflecting sustained economic resilience in the third quarter of"  
[X Link](https://x.com/thecompasshub/status/1976263447739326532) [@thecompasshub](/creator/x/thecompasshub) 2025-10-09T12:28Z 4237 followers, 1418 engagements


"Chairman of the Presidential Fiscal Policy and Tax Reforms Committee Taiwo Oyedele has revealed that more than XX% of Nigerias informal sector operators lack the financial capacity to pay taxes. He made the disclosure on Friday during a roundtable with journalists analysts and social influencers on the newly enacted tax laws. Mr Oyedele also dismissed the widespread belief that Nigerias revenue problem could be solved by targeting the informal sector"  
[X Link](https://x.com/thecompasshub/status/1974503667450466360) [@thecompasshub](/creator/x/thecompasshub) 2025-10-04T15:55Z 4240 followers, 2878 engagements


"Chairman of the Presidential Fiscal Policy and Tax Reforms Committee Mr. Taiwo Oyedele says about XX% of Nigerian workers will be exempted from Pay-As-You-Earn (PAYE) when the new tax law takes effect in January 2026. Speaking at the 31st Nigerian Economic Summit (NES31) in Abuja Oyedele explained that the reform aims to protect low-income earners while ensuring that wealthier individuals contribute more. He also revealed plans to introduce tax-exempt stickers for nano businesses to shield small traders and artisans from harassment describing the reforms as key to building a fairer and more"  
[X Link](https://x.com/thecompasshub/status/1975953828584337767) [@thecompasshub](/creator/x/thecompasshub) 2025-10-08T15:57Z 4240 followers, 3722 engagements


"The Central Bank of Nigeria (CBN) has issued new directives to regulate Point-of-Sale (POS) operations across the country. These measures aim to strengthen financial security curb fraud and ensure that every POS terminal in Nigeria is properly tracked and used only for legitimate transactions. Under the new rules all POS machines must be geo-tagged restricted to operate within XX metres of their registered business location and connected through licensed payment aggregators. While the policy enhances transparency and consumer protection it also introduces tighter operational controls for POS"  
[X Link](https://x.com/thecompasshub/status/1977797908578595253) [@thecompasshub](/creator/x/thecompasshub) 2025-10-13T18:05Z 4241 followers, 16.3K engagements


"The International Monetary Fund (IMF) has upgraded Nigerias economic growth projection forecasting a XXX% expansion in 2025 and XXX% in 2026. The revised figures were announced on Tuesday during the launch of the World Economic Outlook (WEO) 2025 at the ongoing World Bank and IMF Annual Meetings in Washington D.C. In its July 2025 update the IMF had projected Nigerias growth at XXX percent but the latest report reflects a XXX percentage point increase signaling renewed confidence in the countrys reform-driven economic recovery"  
[X Link](https://x.com/thecompasshub/status/1978097628689715621) [@thecompasshub](/creator/x/thecompasshub) 2025-10-14T13:56Z 4239 followers, 36.8K engagements


"NEW TAX REFORMS EXEMPT INDIVIDUALS FOR CGT. The new tax reforms will effectively exempt about XX per cent of individual investors from paying Capital Gains Tax (CGT) according to Mr. Taiwo Oyedele Chairman of the Presidential Fiscal Policy and Tax Reforms Committee. Mr. Oyedele on his WhatsApp platform provided a breakdown of the CGT provisions under the new tax act set to take effect from January X 2026. Oyedele noted that the reform is not about increasing tax revenue but about promoting fairness and efficiency in the system. The new rules are specifically designed to protect small"  
[X Link](https://x.com/thecompasshub/status/1978440658638541039) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T12:39Z 4241 followers, XXX engagements


"NERC approves N28bn for DisCos to rollout free meters The Nigerian Electricity Regulatory Commission (NERC) has approved the disbursement of N28 billion to electricity distribution companies (DisCos) for the procurement and installation of meters under the Meter Acquisition Fund (MAF) tranche B scheme. The fund which serves as a financial intervention to support the power distribution firms is designed to accelerate the rollout of prepaid meters to customers at no cost bridge the metering gap and reduce billing disputes in the power sector. According to Order No: NERC/2025/107 which took"  
[X Link](https://x.com/thecompasshub/status/1978489612868755668) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T15:54Z 4242 followers, 10.8K engagements


"The Governor of the Central Bank of Nigeria (CBN) Mr Olayemi Cardoso says Nigerias trade surplus has climbed to X% of the nations Gross Domestic Product (GDP). Mr Cardoso said this in a statement by the Director of Information and Public Relations Federal Ministry of Finance Mr Mohammed Manga in Washington on Wednesday"  
[X Link](https://x.com/thecompasshub/status/1978516220392476857) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T17:40Z 4241 followers, 29.5K engagements


"The 2024 State Internally Generated Revenue (IGR) Report reveals that Nigerian states collectively generated XXXX trillion a XXXX% surge from 2023 with Lagos State accounting for a commanding XX% share at XXXX trillion. Rivers and the FCT followed with XXX billion and XXX billion respectively while Ogun and Enugu completed the top five. The analysis shows that XX% of total revenue stemmed from taxes with the South-West leading all zones at XXXX% of national IGR underscoring Lagoss economic dominance and the widening fiscal disparities among Nigerias regions"  
[X Link](https://x.com/thecompasshub/status/1978882588094738747) [@thecompasshub](/creator/x/thecompasshub) 2025-10-16T17:55Z 4243 followers, 28K engagements


"NIGERIA TAX REFORMS AT IMF The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms Taiwo Oyedele has assured global investors this week that Nigerias sweeping tax overhauls are fundamentally designed to reduce business risk simplify compliance and ensure a fairer fiscal environment. Speaking on the sidelines of the World Bank/International Monetary Fund Annual Meetings in Washington D.C. Oyedele positioned the reforms not merely as a revenue-generation exercise but as a crucial structural adjustment aimed at boosting investor confidence and promoting inclusive growth."  
[X Link](https://x.com/thecompasshub/status/1979077668499767608) [@thecompasshub](/creator/x/thecompasshub) 2025-10-17T06:51Z 4241 followers, 2521 engagements


"Nigerias old payment standard faces sunset as ISO 20022 migration begins. Nigerias payments industry is undergoing one of its most significant transformations in decades as the Central Bank of Nigeria (CBN) leads the migration from the long-standing ISO 8583 messaging format introduced globally in 1987 to the modern ISO 20022 standard. The migration which marks the beginning of a new era for digital payments in Africas largest economy aims to modernize the countrys financial infrastructure and enable greater efficiency interoperability and innovation across banks fintechs and payment service"  
[X Link](https://x.com/thecompasshub/status/1979162524739162401) [@thecompasshub](/creator/x/thecompasshub) 2025-10-17T12:28Z 4243 followers, 72.4K engagements


"CBN Bank of Angola sign MoU The Central Bank of Nigeria (CBN) and the Bank of Angola have signed a Memorandum of Understanding (MoU) aimed at fostering closer bilateral relations and enhancing capacity in central banking operations. The agreement was formalised on Thursday in Washington D.C. on the sidelines of the ongoing IMF/World Bank Annual Meetings marking a significant milestone in the growing financial cooperation between both nations. The ceremony was attended by the Governor of the Bank of Angola Mr. Manuel Antonio Tiago Diaz and the Governor of the Central Bank of Nigeria Mr. Yemi"  
[X Link](https://x.com/thecompasshub/status/1979172275942212033) [@thecompasshub](/creator/x/thecompasshub) 2025-10-17T13:06Z 4241 followers, XXX engagements


"EXCESS LIQUIDITY Nigerias deposit money banks (DMBs) flooded the Central Bank of Nigerias (CBN) Standing Deposit Facility (SDF) with deposits of N1.6 trillion. Between October XX and XX 2025 banks consistently parked massive funds at the apex bank culminating in a robust N1.61 trillion in deposits on Friday October XX. Fresh data from the CBNs daily money market reports show that banks placements in the SDF rose steadily over the week peaking at N1613819.61 million (N1.61 trillion) on October XX compared to N1446801.35 million (N1.45 trillion) on October XX. Earlier in the week the figure"  
[X Link](https://x.com/thecompasshub/status/1979234174373421414) [@thecompasshub](/creator/x/thecompasshub) 2025-10-17T17:12Z 4241 followers, 1730 engagements


"Niger Delta group commends Tinubu NUPRC for historic transformation in oil host communities The Niger Delta Advancement Forum (NDAF) has commended President Bola Tinubu and Gbenga Komolafe chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for driving the most transparent and impactful community development effort in the history of Nigerias oil industry. NDAF is a coalition of civil society organisations (CSOs) in the Niger Delta region. In a statement issued on Wednesday Ebiowei Timipre president of the NDAF said the successful execution of XXX community"  
[X Link](https://x.com/thecompasshub/status/1979460531271483756) [@thecompasshub](/creator/x/thecompasshub) 2025-10-18T08:12Z 4243 followers, XXX engagements


"NUPRC opposes bill to create oilfield deactivation commission The Nigerian Upstream Petroleum Regulations Commission (NUPRC) has opposed a bill to create a National Commission for Decommissioning of Oil and Gas installations. The NUPRC presented its position on the bill to the house of representatives committee on petroleum resources (upstream) on Thursday during a public hearing"  
[X Link](https://x.com/thecompasshub/status/1979467694891053267) [@thecompasshub](/creator/x/thecompasshub) 2025-10-18T08:40Z 4243 followers, XXX engagements


"INVESTORS CONFIDENCE RISING The Central Bank of Nigeria (CBN) has said that investor confidence in Nigerias economy is strengthening buoyed by ongoing reforms that have stabilized the naira slowed inflation and improved transparency in monetary operations. Speaking at a press conference on the sidelines of the IMF and World Bank Annual Meetings in Washington D.C. the CBN Governor Olayemi Cardoso said engagements with global investors rating agencies and multilateral partners reflected a tone of confidence and constructive partnership toward Nigerias reform trajectory. According to him the"  
[X Link](https://x.com/thecompasshub/status/1979604209017274481) [@thecompasshub](/creator/x/thecompasshub) 2025-10-18T17:43Z 4243 followers, 2737 engagements


"The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have teamed up to develop a framework that will address the issue of failed airtime recharge and data subscription purchase on electronic platforms such as bank apps and USSD. This framework was borne out of rising complaints over the loss of money by consumers who experience failed transactions but get debited without a refund. In some cases the transaction is tagged as pending leaving the customer in limbo for weeks without a resolution. Speaking during the 94th Telecom Consumer Parliament of the NCC held in"  
[X Link](https://x.com/thecompasshub/status/1979605397343256873) [@thecompasshub](/creator/x/thecompasshub) 2025-10-18T17:48Z 4243 followers, 3112 engagements


"PHOTO NEWS: The Governor of the Central Bank of Nigeria (CBN) Mr Olayemi Cardoso led the Nigerian delegation to a strategic meeting with the World Banks Managing Director of Operations Anna Bjerde @bjerde_anna on Friday XX October 2025. The discussions focused on reducing poverty and promoting inclusiveness and sustainable policies in Nigeria. On the Nigerian team were the Minister of State for Finance Dr Doris Uzoka-Anite; the Deputy Governor (Economic Policy) at the CBN Dr Muhammed Sani Abdullahi; the Special Adviser to the President on Finance and the Economy Mrs Sanyade Okoli; and the"  
[X Link](https://x.com/thecompasshub/status/1979634786244468890) [@thecompasshub](/creator/x/thecompasshub) 2025-10-18T19:44Z 4243 followers, XXX engagements

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

@thecompasshub Avatar @thecompasshub The Compass Hub

The Compass Hub posts on X about nigeria, bank of, finance, investment the most. They currently have XXXXX followers and XXX posts still getting attention that total XXXXXX engagements in the last XX hours.

Engagements: XXXXXX #

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  • X Week XXXXXXX +105%
  • X Month XXXXXXX -XX%

Mentions: XX #

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  • X Week XX -XX%
  • X Month XXX +18%

Followers: XXXXX #

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  • X Week XXXXX +7.60%
  • X Month XXXXX +34%

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Social Influence #


Social category influence finance countries currencies mls technology brands

Social topic influence nigeria #197, bank of #33, finance #4500, investment #1896, currency, inflation #182, over the #2328, naira, nigerian naira, debt

Top Social Posts #


Top posts by engagements in the last XX hours

"The Dangote PetroleumRefinery has intensified efforts through the use of Compressed Natural Gas (CNG)-powered trucks to distribute Premium Motor Spirit PMS also known as petrol at N850 per litre to different parts of the nation"
X Link @thecompasshub 2025-10-15T17:38Z 4241 followers, 19.8K engagements

"CBN: Nigerias monthly FX turnover hit $8.6bn in 2025 The Central Bank of Nigeria (CBN) says average monthly foreign exchange (FX) turnover in the country increased to $XXX billion in 2025. Mohammed Sani Abdullahi the deputy governor for economic policy at the Central Bank of Nigeria (CBN) spoke on Wednesday during an investors forum on the sidelines of the annual meetings of the International Monetary Fund (IMF)/World Bank in Washington D.C United States. Over the last two years Abdullahi said the country has placed strong emphasis on improving foreign exchange (FX) inflows into the economy"
X Link @thecompasshub 2025-10-16T12:02Z 4241 followers, 18.8K engagements

"Nigeria's inflation has steadily declined from XXXX% in January to XXXXX% in September 2025 marking the longest disinflationary run in years driven by effective fiscal and monetary reforms improved agricultural supply and exchange rate stability. This trend brings socioeconomic benefits including higher real incomes for households boosted by eased costs of essential goods stimulating investment and business growth through stabilized input prices and enhancing monetary easing flexibility for the Central Bank of Nigeria"
X Link @thecompasshub 2025-10-17T18:23Z 4243 followers, 9056 engagements

"Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms Taiwo Oyedele has stated that the savings from the removal of fuel subsidy since 2023 are grossly inadequate to meet Nigerias development needs. Oyedele who spoke on Wednesday in Abuja while delivering a keynote address at a one-day capacity-building training on the Nigeria Tax Act (2025) for members of the State House Press Corps stressed that the country must embrace comprehensive tax reforms to reposition the economy for sustainable growth. According to him Nigerias total annual budgetary outlay covering the federal"
X Link @thecompasshub 2025-09-13T01:10Z 4134 followers, 10.7K engagements

"The Nigerian naira appreciated against the U.S dollar by about XXX% over the past week moving from N1519/$ to N1497/$ as the Nigerian Apex Bank will meet to decide on the countrys headline interest rate. The largest daily gain occurred on September XX with a XXXX% drop in the USD/NGN exchange rate"
X Link @thecompasshub 2025-09-22T22:01Z 4238 followers, 2485 engagements

"The BRICS Womens Business Alliance led by its Russian chapter has announced plans to open a regional office in Nigeria as part of efforts to strengthen economic cooperation and boost women-led entrepreneurship across the BRICS and African regions. The announcement was made during a press briefing in Abuja on Tuesday following a two-day working visit by a five-member Russian delegation headed by Chairperson of the BRICS Russia WBA Anna Nesterova. The team also held a closed-door meeting with the Minister of State for Foreign Affairs Ambassador Bianca Odumegwu-Ojukwu at the State House. BRICS"
X Link @thecompasshub 2025-10-01T13:03Z 4215 followers, 1021 engagements

"Nigeria records XXX% oversubscription on FGN bond Nigerias domestic debt market witnessed a surge in investor demand in September 2025 as the Federal Government recorded a XXX% oversubscription in its monthly bond auction despite a reduction in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN). The Debt Management Office (DMO) reported total subscriptions of N1.26 trillion against the N200 billion on offer with allotments rising to N576.62 billion compared to just N136.16 billion in August. Although yields are falling and rates are being cut the investor appetite remains"
X Link @thecompasshub 2025-10-02T08:27Z 4215 followers, 1306 engagements

"NIGERIA @65: TINUBU'S XX ECONOMIC ACHIEVEMENTS X. Increase in Oil production Nigeria boosted crude oil output improving foreign exchange earnings and stabilizing energy supply. This increase also supports government revenue and helps restore Nigerias position in the global oil market. X. Increase in Non-Oil Revenue Diversification efforts raised government income from taxes and other sectors beyond oil. This shift reduces overdependence on crude oil and strengthens long-term economic stability. X. Return of Fiscal Health The debt service-to-revenue ratio dropped significantly easing fiscal"
X Link @thecompasshub 2025-10-04T04:06Z 4215 followers, 3950 engagements

"PENGASSAN STRIKE EFFECT The nationwide strike embarked upon by some oil workers recently cost Nigeria over 200000 barrels per day of crude oil and also affected gas production and electricity generation an official announced on Monday. The Group Chief Executive Officer of the NNPC Ltd Bayo Ojulari announced this on Monday after meeting with President Bola Tinubu at the Presidential Villa in Abuja. In this particular case we actually lost significant production of over 200000 bpd that was deferred; we also have gas production that was deferred; we also have power generation that was impacted"
X Link @thecompasshub 2025-10-06T12:58Z 4132 followers, 4326 engagements

"OIL AND GAS SECTOR GAINS Sahara Group one of Africas leading energy and infrastructure conglomerates has announced plans to ramp up its upstream crude oil production to 350000 barrels per day (bbl/d) within the next five years. This growth will be driven by a major upgrade of our exploration and production services enhanced execution capacity and the acquisition of seven brand-new rigs to accelerate and improve production efficiency Leste Aihevba Chief Technical Officer Asharami Energy a Sahara Group Upstream Company said. Aihevba made this disclosure while addressing investors and"
X Link @thecompasshub 2025-10-07T07:49Z 4229 followers, 11.4K engagements

"JOB CREATION: NECESSITY The Nigerian Economic Summit Group (NESG) has warned that Nigeria must generate at least XXXX million new formal jobs between 2025 and 2030 to maintain its unemployment rate at XXX per cent and prevent a looming employment crisis. In its latest report titled From Hustle to Decent Work: Unlocking Jobs and Productivity for Economic Transformation in Nigeria the group revealed that this translates to an annual average of XXXX million net new jobs a target it described as both ambitious and indispensable for sustaining inclusive economic growth and social stability. NESG"
X Link @thecompasshub 2025-10-07T12:43Z 4212 followers, XXX engagements

"INTRODUCING FEDERAL BILLING SYSTEM Wale Edun minister of finance and coordinating minister of the economy says the federal government is determined to ensure full transparency in public finances by bringing all government funds under the supervision of the Central Bank of Nigeria (CBN). Speaking at the ongoing 31st Nigerian Economic Summit (NES) in Abuja on Monday Edun disclosed that the government only gained full visibility of its accounts with the CBN on August X 2025. We are determined to bring all federal government funds into visibility. There is a lot of government money lying outside"
X Link @thecompasshub 2025-10-08T06:44Z 4233 followers, 15K engagements

"NAIRA GAINED AGAINST EURO The Nigerian Naira has shown signs of strengthening against the Euro (EUR) particularly in the parallel (black) market. Latest price action at the official market showed the Nigerian currency settled at N1715/ from N1729/ / at the last day in September. The nairas bullish run against the European currency comes as the Eurozones second-largest economy France faces political unrest"
X Link @thecompasshub 2025-10-08T15:23Z 4233 followers, 9865 engagements

"INVESTING PENSION FUND IN OIL AND GAS SECTOR President Bola Tinubu has called for a strategic review of pension fund asset policies to allow investment in Nigerias oil and gas sector urging a rethinking to unlock the vast economic potential of the industry.President Tinubu who commissioned the $XXX million Green Energy International Limited (GEIL) crude oil export terminal in Otakikpo Rivers State on Wednesday emphasised the immense returns that could be realised from such investments. The Otakikpo terminal is Nigerias first indigenous crude oil export terminal and the first new terminal"
X Link @thecompasshub 2025-10-09T12:05Z 4229 followers, 1986 engagements

"OIL AND GAS SECTOR OML 18: NNPC Sahara launch 2.2-million-barrel floating vessel The Nigerian National Petroleum Company Limited (NNPCL) Sahara Group Eroton Exploration & Production Company and Bilton Energy Limited have jointly commissioned the nations first wholly owned 2.2-million-barrel capacity Floating Storage and Offloading (FSO) vessel. The vessel named Cawthorne is designed to drive sustained oil production enhance crude export reliability and bolster Nigerias energy security and sustainability. A statement sent by Head of Corporate Communications at Sahara Group Ltd Bethel Obioma on"
X Link @thecompasshub 2025-10-09T20:51Z 4229 followers, 1454 engagements

"Fitch Ratings has affirmed Nigerias Long-Term Foreign-Currency Issuer Default Rating (IDR) at B with a Stable Outlook citing improved foreign exchange liquidity and ongoing monetary and fiscal reforms while warning that weak governance and high inflation remain key credit challenges. In its latest review released on Friday the global ratings agency said Nigerias rating is supported by its large economy a liquid domestic debt market and substantial oil and gas reserves. However it noted that persistent inflation revenue weakness and security issues continue to weigh on the countrys credit"
X Link @thecompasshub 2025-10-11T15:36Z 4229 followers, 4313 engagements

"The NNPC Limited Sahara Group Eroton E&P and Bilton Energy Ltd. have commissioned Nigerias first wholly owned XXX million-barrel capacity Floating Storage and Offloading (FSO) vessel designed to drive sustained oil and gas production energy reliability security and sustainability across Nigeria. The vessel is Nigerias first Crude Oil Terminal to be commissioned in XX years. Christened Cawthorne the Floating Storage and Offloading (FSO) Terminal is a world-class facility designed to enhance crude evacuation from Nigerias OML XX and nearby assets. OML XX partners include Nigerian National"
X Link @thecompasshub 2025-10-11T18:21Z 4233 followers, 25.1K engagements

"CRUDE OIL PRODUCTION DROPS Nigerias crude oil and condensate production dropped to an average of XXXXX million barrels per day (bpd) in September 2025. This is according to the latest figures released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Saturday. The Commissions report revealed that the September production consisted of XXXX million bpd of crude oil and 191373 bpd of condensates marking a temporary setback in the countrys upstream performance.The dip in output comes amid recent market developments as OPEC+ signaled a modest production increase for November a"
X Link @thecompasshub 2025-10-12T09:26Z 4235 followers, 1040 engagements

"PENGASSAN STRIKE ECONOMIC LOSS COUNT. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigerias crude oil and condensate production fell to an average of XXXXX million barrels per day (bpd) in September 2025. The commission disclosed this in a statement on Saturday citing official statistics released by its Head of Media and Strategic Communication Eniola Akinkuotu. NUPRC attributed the drop to a three-day industrial action by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) which led to the shutdown of several production and export added that"
X Link @thecompasshub 2025-10-12T13:28Z 4225 followers, 11.7K engagements

"CARDOSO LEADS NIGERIA'S DELEGATION TO THE WORLD BANK-IMF MEETING IN WASHINGTON DC Mr Olayemi Cardoso the Governor of the Central Bank will lead Nigeria's delegation to the World Bank and International Monetary Fund Annual Meeting in Washington DC which opens on Monday October XX. Cardoso as the alternate Governor replaces the Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun who is indisposed. The Nigerian team will also comprise the Minister of State for Finance Doris Uzoka-Anete. According to the World Bank key elements of the Annual Meetings include the Development"
X Link @thecompasshub 2025-10-12T20:31Z 4213 followers, 7311 engagements

"VIDEO NEWS: HRH SANUSI LAMIDO SANUSI II speaks on diversification of the economy and effect of removal of Subsidy in Nigeria"
X Link @thecompasshub 2025-10-13T10:54Z 4233 followers, 8697 engagements

"AGRICULTURAL FINANCING Nigerias agricultural sector is set for a major financing boost as the European Union has approved a XXX million (about N320.5bn) credit line to expand lending to farmers and agribusinesses through Nigerian commercial banks and development finance institutions. The facility provided by the European Investment Bank was announced during a bilateral meeting between senior EIB executives and a delegation from the Federal Ministry of Budget and Economic Planning on the sidelines of the Global Gateway Forum held recently in Brussels Belgium. A statement issued on Monday by"
X Link @thecompasshub 2025-10-13T20:32Z 4131 followers, 11.7K engagements

"FG Unveils X Trillion Power Sector Debt Reduction Plan to Restore Investor Confidence and Boost Energy Reform. The Federal Government of Nigeria has taken a bold step toward restoring financial stability and investor confidence in the electricity market with the finalization of the implementation framework for the 4 trillion Presidential Power Sector Debt Reduction Plan a landmark initiative approved by President Bola Ahmed Tinubu. The plan aims to address deep-rooted structural bottlenecks and lay a solid foundation for large-scale private sector-led investment and sustained economic"
X Link @thecompasshub 2025-10-14T16:08Z 4128 followers, 17.7K engagements

"NAIRA DEPRECIATION The Naira opened the week on a mild depreciation trading at N1467.01/$1 on Tuesday slightly weaker than the N1460/$1 it closed at on Monday. This is according to data tracked by Nairametrics on the Central Bank of Nigerias (CBN) website. Nairametrics reports that the currency closed at N1458/$1 on Friday recording its best performance since 2024 as the Central Bank of Nigeria (CBN) intensified efforts to stabilize the foreign exchange market and sustain recent monetary gains. CBN data shows that the Naira began last week at N1464/$1 on Monday before depreciating slightly to"
X Link @thecompasshub 2025-10-15T12:35Z 4185 followers, 1090 engagements

"Nigeria and the United Kingdom have agreed to begin the process of amending their Bilateral Air Services Agreement to reflect evolving trends in international air travel and strengthen cooperation between both countries. This was made known in a statement made available on Tuesday by Tunde Moshood Special Adviser on Media and Communications to the Minister of Aviation and Aerospace Development Festus Keyamo. Moshood said the two countries reached the agreement during a courtesy visit to the Minister of Aviation and Aerospace Development by top executives of British Airways led by Alan"
X Link @thecompasshub 2025-10-15T12:37Z 4233 followers, 20.9K engagements

"1TRILLION NAIRA INVESTMENT IN SOLID MINERALS. In a bid to diversify the economy and reduce over-dependence on oil President Bola Tinubu has announced N1 trillion investment in the solid minerals sector. The president disclosed this while delivering the keynote at the 10th Edition of Nigeria Mining Week 2025 in Abuja. Represented by the Secretary to the Government of the Federation Senator George Akume the president noted that the N1 trillion commitment which is the largest government-led mining initiative in the nations history was drawn from the N4.5 trillion increase in the 2025 federal"
X Link @thecompasshub 2025-10-15T12:43Z 4214 followers, 15K engagements

"NAIRA GAINS The Governor of the Central Bank of Nigeria (CBN) Yemi Cardoso says the Naira is now more competitive following months of economic reforms and currency stabilization efforts. Speaking on Tuesday at a G24 media briefing on the sidelines of the ongoing IMF/World Bank Annual Meetings in Washington Cardoso emphasized that Nigerias proactive measures have created resilience against global economic shocks. We were able to create resilience and buffers against potential shocks Cardoso said on Tuesday. In terms of anchoring expectations we found that those who followed the Nigerian"
X Link @thecompasshub 2025-10-15T14:13Z 4185 followers, 5230 engagements

"NAIRA STRENGTHEN AGAINST POUND The naira appreciated against the British pound as global currency markets remained volatile. The British pound ended Wednesdays trading session at N1945/ in the official market. The Central Bank of Nigerias (CBN) decision to float the naira and harmonize multiple exchange rates has improved sentiment in the real sector. Recent price movements indicate that the Nigerian currency has remained in a consolidation phase in the unofficial market ranging between N1920/ and N2100/ this month. Improvements in foreign exchange inflows and moderation in Nigerias inflation"
X Link @thecompasshub 2025-10-15T15:21Z 4229 followers, 1106 engagements

"RENEWABLE ENERGY Nigeria is on course to unlock an investment opportunity worth over $XXX million as part of its ambitious plan to become Africas renewable energy hub. Vice President Kashim Shettima stated this yesterday in Abuja at the inaugural Nigerian Renewable Energy Innovation Forum (NREIF) 2025. He said the countrys energy transition under President Bola Tinubu is being structured to attract massive investments expand access and create a self-sustaining clean energy market that will power homes industries and innovation across the federation.According to a statement issued by Senior"
X Link @thecompasshub 2025-10-15T15:28Z 4204 followers, XXX engagements

"The Ogun State Government has announced a major partnership with two renewable energy service companies to generate 1100 megawatts (MW) of solar power in a move aimed at boosting industrial growth and promoting clean energy adoption in the state. According to a statement released on Wednesday the partnership involves Tranos Contracting Limited and Vision Gas and Power Limited both of which will establish solar panel manufacturing and battery assembly plants in Ogun. Tranos is set to develop a 600MW solar panel and battery pack facility while Vision Gas and Power will build a 500MW solar panel"
X Link @thecompasshub 2025-10-15T18:17Z 4204 followers, 1680 engagements

"FOREIGN RESERVES RISE TO $43B Mohammed Abdullahi the deputy governor of the Central Bank of Nigeria (CBN) for economic policy says the countrys foreign exchange (FX) reserves have climbed to a five-year high of $XXXX billion. Abdullahi spoke at the Nigeria Investors Forum held in Washington D.C United States on the sidelines of the IMFWorld Bank annual meetings where he led discussions on Nigerias economic outlook and reform progress. He said the reserves which hit the mark on October XX despite clearing foreign exchange backlogs provide XX months of import cover. Our gross reserves are at a"
X Link @thecompasshub 2025-10-16T11:56Z 4238 followers, 1111 engagements

"VIDEO NEWS: Mr Taiwo Oyedele message to investors at the ongoing World Bank and IMF meetings in the U.S. on changes to the Capital Gains Tax regime under our new tax reform laws"
X Link @thecompasshub 2025-10-17T06:53Z 4235 followers, XXX engagements

"PHOTO NEWS: As part of ongoing efforts to bolster investor confidence and enhance Nigerias economic outlook the Governor of the Central Bank of Nigeria (CBN) Mr. Olayemi Cardoso together with the Minister of State for Finance Dr. Doris Uzoka-Anite engaged global investors at a high-level forum on October XX 2025 during the IMF and World Bank Fall Meetings in Washington D.C. Governor Cardoso highlighted sustained stability in the foreign exchange market a steady accumulation of external reserves and increasing investor participation across fixed income and equities. Discussions underscored how"
X Link @thecompasshub 2025-10-17T06:59Z 4235 followers, XXX engagements

"NAIRA CONTINUE ITS WIN AGAINST DOLLAR Naira closed the week stronger appreciating to N1458 per US dollar on Friday its best performance since 2024 as the Central Bank of Nigeria (CBN) intensified efforts to stabilize the foreign exchange market and sustain recent monetary gains. According to official data from the CBN website the Naira began the week at N1464/$1 on Monday before depreciating slightly to N1472/$1 on Tuesday. The currency regained some strength midweek appreciating to N1469/$1 on Wednesday and N1464/$1 on Thursday. The currency sustained its gains on Friday closing at N1458/$1"
X Link @thecompasshub 2025-10-11T15:34Z 4238 followers, 18.1K engagements

"SOLAR PANEL PRODUCTION The Federal Government through the Rural Electrification Agency has signed a strategic partnership with global off-grid solar company Sun King to boost local manufacturing expand renewable energy access and save Nigeria up to $XXX million in solar imports over the next five years. The Memorandum of Understanding signed during the Nigeria Renewable Energy Innovation Forum in Abuja was witnessed by Vice President Kashim Shettima and Sun Kings co-founder and Chief Executive Officer Patrick Walsh. The agreement underscores Nigerias growing commitment to industrialise its"
X Link @thecompasshub 2025-10-15T07:28Z 4239 followers, XXX engagements

"Business Activity Expands For 10th Consecutive Month in Nigeria. Nigerias economy continued its upward momentum in September 2025 as the Purchasing Managers Index (PMI) rose to XXXX points indicating stronger expansion in business activity across key sectors. According to the latest PMI report released by the Central Bank of Nigeria (CBN) the index increased from XXXX points in August marking the tenth consecutive month of expansion. The improvement reflects broad-based growth across the Industry Services and Agriculture sectors reflecting sustained economic resilience in the third quarter of"
X Link @thecompasshub 2025-10-09T12:28Z 4237 followers, 1418 engagements

"Chairman of the Presidential Fiscal Policy and Tax Reforms Committee Taiwo Oyedele has revealed that more than XX% of Nigerias informal sector operators lack the financial capacity to pay taxes. He made the disclosure on Friday during a roundtable with journalists analysts and social influencers on the newly enacted tax laws. Mr Oyedele also dismissed the widespread belief that Nigerias revenue problem could be solved by targeting the informal sector"
X Link @thecompasshub 2025-10-04T15:55Z 4240 followers, 2878 engagements

"Chairman of the Presidential Fiscal Policy and Tax Reforms Committee Mr. Taiwo Oyedele says about XX% of Nigerian workers will be exempted from Pay-As-You-Earn (PAYE) when the new tax law takes effect in January 2026. Speaking at the 31st Nigerian Economic Summit (NES31) in Abuja Oyedele explained that the reform aims to protect low-income earners while ensuring that wealthier individuals contribute more. He also revealed plans to introduce tax-exempt stickers for nano businesses to shield small traders and artisans from harassment describing the reforms as key to building a fairer and more"
X Link @thecompasshub 2025-10-08T15:57Z 4240 followers, 3722 engagements

"The Central Bank of Nigeria (CBN) has issued new directives to regulate Point-of-Sale (POS) operations across the country. These measures aim to strengthen financial security curb fraud and ensure that every POS terminal in Nigeria is properly tracked and used only for legitimate transactions. Under the new rules all POS machines must be geo-tagged restricted to operate within XX metres of their registered business location and connected through licensed payment aggregators. While the policy enhances transparency and consumer protection it also introduces tighter operational controls for POS"
X Link @thecompasshub 2025-10-13T18:05Z 4241 followers, 16.3K engagements

"The International Monetary Fund (IMF) has upgraded Nigerias economic growth projection forecasting a XXX% expansion in 2025 and XXX% in 2026. The revised figures were announced on Tuesday during the launch of the World Economic Outlook (WEO) 2025 at the ongoing World Bank and IMF Annual Meetings in Washington D.C. In its July 2025 update the IMF had projected Nigerias growth at XXX percent but the latest report reflects a XXX percentage point increase signaling renewed confidence in the countrys reform-driven economic recovery"
X Link @thecompasshub 2025-10-14T13:56Z 4239 followers, 36.8K engagements

"NEW TAX REFORMS EXEMPT INDIVIDUALS FOR CGT. The new tax reforms will effectively exempt about XX per cent of individual investors from paying Capital Gains Tax (CGT) according to Mr. Taiwo Oyedele Chairman of the Presidential Fiscal Policy and Tax Reforms Committee. Mr. Oyedele on his WhatsApp platform provided a breakdown of the CGT provisions under the new tax act set to take effect from January X 2026. Oyedele noted that the reform is not about increasing tax revenue but about promoting fairness and efficiency in the system. The new rules are specifically designed to protect small"
X Link @thecompasshub 2025-10-15T12:39Z 4241 followers, XXX engagements

"NERC approves N28bn for DisCos to rollout free meters The Nigerian Electricity Regulatory Commission (NERC) has approved the disbursement of N28 billion to electricity distribution companies (DisCos) for the procurement and installation of meters under the Meter Acquisition Fund (MAF) tranche B scheme. The fund which serves as a financial intervention to support the power distribution firms is designed to accelerate the rollout of prepaid meters to customers at no cost bridge the metering gap and reduce billing disputes in the power sector. According to Order No: NERC/2025/107 which took"
X Link @thecompasshub 2025-10-15T15:54Z 4242 followers, 10.8K engagements

"The Governor of the Central Bank of Nigeria (CBN) Mr Olayemi Cardoso says Nigerias trade surplus has climbed to X% of the nations Gross Domestic Product (GDP). Mr Cardoso said this in a statement by the Director of Information and Public Relations Federal Ministry of Finance Mr Mohammed Manga in Washington on Wednesday"
X Link @thecompasshub 2025-10-15T17:40Z 4241 followers, 29.5K engagements

"The 2024 State Internally Generated Revenue (IGR) Report reveals that Nigerian states collectively generated XXXX trillion a XXXX% surge from 2023 with Lagos State accounting for a commanding XX% share at XXXX trillion. Rivers and the FCT followed with XXX billion and XXX billion respectively while Ogun and Enugu completed the top five. The analysis shows that XX% of total revenue stemmed from taxes with the South-West leading all zones at XXXX% of national IGR underscoring Lagoss economic dominance and the widening fiscal disparities among Nigerias regions"
X Link @thecompasshub 2025-10-16T17:55Z 4243 followers, 28K engagements

"NIGERIA TAX REFORMS AT IMF The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms Taiwo Oyedele has assured global investors this week that Nigerias sweeping tax overhauls are fundamentally designed to reduce business risk simplify compliance and ensure a fairer fiscal environment. Speaking on the sidelines of the World Bank/International Monetary Fund Annual Meetings in Washington D.C. Oyedele positioned the reforms not merely as a revenue-generation exercise but as a crucial structural adjustment aimed at boosting investor confidence and promoting inclusive growth."
X Link @thecompasshub 2025-10-17T06:51Z 4241 followers, 2521 engagements

"Nigerias old payment standard faces sunset as ISO 20022 migration begins. Nigerias payments industry is undergoing one of its most significant transformations in decades as the Central Bank of Nigeria (CBN) leads the migration from the long-standing ISO 8583 messaging format introduced globally in 1987 to the modern ISO 20022 standard. The migration which marks the beginning of a new era for digital payments in Africas largest economy aims to modernize the countrys financial infrastructure and enable greater efficiency interoperability and innovation across banks fintechs and payment service"
X Link @thecompasshub 2025-10-17T12:28Z 4243 followers, 72.4K engagements

"CBN Bank of Angola sign MoU The Central Bank of Nigeria (CBN) and the Bank of Angola have signed a Memorandum of Understanding (MoU) aimed at fostering closer bilateral relations and enhancing capacity in central banking operations. The agreement was formalised on Thursday in Washington D.C. on the sidelines of the ongoing IMF/World Bank Annual Meetings marking a significant milestone in the growing financial cooperation between both nations. The ceremony was attended by the Governor of the Bank of Angola Mr. Manuel Antonio Tiago Diaz and the Governor of the Central Bank of Nigeria Mr. Yemi"
X Link @thecompasshub 2025-10-17T13:06Z 4241 followers, XXX engagements

"EXCESS LIQUIDITY Nigerias deposit money banks (DMBs) flooded the Central Bank of Nigerias (CBN) Standing Deposit Facility (SDF) with deposits of N1.6 trillion. Between October XX and XX 2025 banks consistently parked massive funds at the apex bank culminating in a robust N1.61 trillion in deposits on Friday October XX. Fresh data from the CBNs daily money market reports show that banks placements in the SDF rose steadily over the week peaking at N1613819.61 million (N1.61 trillion) on October XX compared to N1446801.35 million (N1.45 trillion) on October XX. Earlier in the week the figure"
X Link @thecompasshub 2025-10-17T17:12Z 4241 followers, 1730 engagements

"Niger Delta group commends Tinubu NUPRC for historic transformation in oil host communities The Niger Delta Advancement Forum (NDAF) has commended President Bola Tinubu and Gbenga Komolafe chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for driving the most transparent and impactful community development effort in the history of Nigerias oil industry. NDAF is a coalition of civil society organisations (CSOs) in the Niger Delta region. In a statement issued on Wednesday Ebiowei Timipre president of the NDAF said the successful execution of XXX community"
X Link @thecompasshub 2025-10-18T08:12Z 4243 followers, XXX engagements

"NUPRC opposes bill to create oilfield deactivation commission The Nigerian Upstream Petroleum Regulations Commission (NUPRC) has opposed a bill to create a National Commission for Decommissioning of Oil and Gas installations. The NUPRC presented its position on the bill to the house of representatives committee on petroleum resources (upstream) on Thursday during a public hearing"
X Link @thecompasshub 2025-10-18T08:40Z 4243 followers, XXX engagements

"INVESTORS CONFIDENCE RISING The Central Bank of Nigeria (CBN) has said that investor confidence in Nigerias economy is strengthening buoyed by ongoing reforms that have stabilized the naira slowed inflation and improved transparency in monetary operations. Speaking at a press conference on the sidelines of the IMF and World Bank Annual Meetings in Washington D.C. the CBN Governor Olayemi Cardoso said engagements with global investors rating agencies and multilateral partners reflected a tone of confidence and constructive partnership toward Nigerias reform trajectory. According to him the"
X Link @thecompasshub 2025-10-18T17:43Z 4243 followers, 2737 engagements

"The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have teamed up to develop a framework that will address the issue of failed airtime recharge and data subscription purchase on electronic platforms such as bank apps and USSD. This framework was borne out of rising complaints over the loss of money by consumers who experience failed transactions but get debited without a refund. In some cases the transaction is tagged as pending leaving the customer in limbo for weeks without a resolution. Speaking during the 94th Telecom Consumer Parliament of the NCC held in"
X Link @thecompasshub 2025-10-18T17:48Z 4243 followers, 3112 engagements

"PHOTO NEWS: The Governor of the Central Bank of Nigeria (CBN) Mr Olayemi Cardoso led the Nigerian delegation to a strategic meeting with the World Banks Managing Director of Operations Anna Bjerde @bjerde_anna on Friday XX October 2025. The discussions focused on reducing poverty and promoting inclusiveness and sustainable policies in Nigeria. On the Nigerian team were the Minister of State for Finance Dr Doris Uzoka-Anite; the Deputy Governor (Economic Policy) at the CBN Dr Muhammed Sani Abdullahi; the Special Adviser to the President on Finance and the Economy Mrs Sanyade Okoli; and the"
X Link @thecompasshub 2025-10-18T19:44Z 4243 followers, XXX engagements

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