[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 The Compass Hub The Compass Hub posts on X about nigeria, over the, bank of, inflation the most. They currently have XXXXX followers and XX posts still getting attention that total XXXXX engagements in the last XX hours. ### Engagements: XXXXX [#](/creator/twitter::1957152658797875200/interactions)  - X Week XXXXXXX +68% - X Month XXXXXXX -XX% ### Mentions: XX [#](/creator/twitter::1957152658797875200/posts_active)  - X Week XX -XXXX% - X Month XXX +40% ### Followers: XXXXX [#](/creator/twitter::1957152658797875200/followers)  - X Week XXXXX +6.80% - X Month XXXXX +34% ### CreatorRank: XXXXXXX [#](/creator/twitter::1957152658797875200/influencer_rank)  ### Social Influence [#](/creator/twitter::1957152658797875200/influence) --- **Social category influence** [finance](/list/finance) XXXXX% [countries](/list/countries) XXXXX% [currencies](/list/currencies) XXXX% [technology brands](/list/technology-brands) XXXX% [mls](/list/mls) XXXX% **Social topic influence** [nigeria](/topic/nigeria) #653, [over the](/topic/over-the) 4.12%, [bank of](/topic/bank-of) 4.12%, [inflation](/topic/inflation) #465, [nigerian naira](/topic/nigerian-naira) 2.06%, [investment](/topic/investment) #2323, [capital gains](/topic/capital-gains) 2.06%, [finance](/topic/finance) 2.06%, [marking](/topic/marking) 2.06%, [money](/topic/money) XXXX% **Top accounts mentioned or mentioned by** [@65](/creator/undefined) [@bjerdeanna](/creator/undefined) [@bugizi6](/creator/undefined) [@factz25](/creator/undefined) [@onifadeleo](/creator/undefined) [@firbrime](/creator/undefined) [@grok](/creator/undefined) [@oparalucky9](/creator/undefined) [@unlimited_temi](/creator/undefined) [@4t_tdt](/creator/undefined) [@kenosb](/creator/undefined) ### Top Social Posts [#](/creator/twitter::1957152658797875200/posts) --- Top posts by engagements in the last XX hours "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 4259 followers, 2485 engagements "NIGERIAS TRADE BALANCE: FROM DEFICITS TO SUSTAINED SURPLUS" [X Link](https://x.com/thecompasshub/status/1970263869387088155) [@thecompasshub](/creator/x/thecompasshub) 2025-09-22T23:08Z 4259 followers, 22.1K 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 4242 followers, 2878 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 4257 followers, 9870 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 "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 4255 followers, 1457 engagements "LOAN TO CORP MEMBERS The Bank of Industry (BOI) has launched a N2 billion entrepreneurship programme aimed at providing affordable loans to members of the National Youth Service Corps (NYSC) as part of broader efforts to tackle youth unemployment and promote small business growth. The initiative titled the N2bn BOINYSC Entrepreneurship Programme was unveiled on Wednesday in Abuja. Speaking at the event BOI Managing Director Dr. Olasupo Olusi represented by the banks Executive Director for Micro Small and Medium Enterprises (MSME) Mr. Shekarau Omar said the fund was designed to support corps" [X Link](https://x.com/thecompasshub/status/1976391185465045158) [@thecompasshub](/creator/x/thecompasshub) 2025-10-09T20:55Z 4258 followers, 2009 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 4259 followers, 1040 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 4259 followers, 16.3K 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 4260 followers, XXX 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 4242 followers, 15K engagements "In September 2025 the Headline inflation rate eased to XXXXX% relative to the August 2025 inflation rate of 20.12%. MoM headline inflation rate in September 2025 was 0.72%. Food Inflation rate was -XXXX% MoM. - NBS" [X Link](https://x.com/thecompasshub/status/1978472266531746281) [@thecompasshub](/creator/x/thecompasshub) 2025-10-15T14:45Z 4261 followers, 38.1K engagements "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 4242 followers, 19.8K 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 4250 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 4252 followers, XXX 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 4260 followers, XXX 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 4263 followers, 3729 engagements "BASIC EDUCATION UBEC kicks off digitalization of public schools with distribution of smart boards to basic education schools in Lagos" [X Link](https://x.com/thecompasshub/status/1976745585811361824) [@thecompasshub](/creator/x/thecompasshub) 2025-10-10T20:24Z 4262 followers, 11.7K engagements "Nassembly proposes November 2026 presidential governorship elections in new Electoral Act amendment Ahead of the 2027 general election the national assembly is proposing that presidential and gubernatorial polls be held in November 2026 instead of the traditional February or March date. The proposal is contained in the draft copy of various amendments to the 2022 Electoral Act which stipulates that elections into both offices should be conducted not later than XXX days before the expiration of the tenure of the incumbent on May XX. The proposed amendments came to the fore on Monday during a" [X Link](https://x.com/thecompasshub/status/1977844097881870596) [@thecompasshub](/creator/x/thecompasshub) 2025-10-13T21:09Z 4262 followers, 18.6K 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 4264 followers, 36.9K 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 4262 followers, 1746 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 4263 followers, 1128 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 4263 followers, XXX engagements "PHOTOS NEWS: Nigeria exports locally made solar panels to Ghana in renewable energy milestone In a landmark achievement for Nigerias renewable energy sector Levene Photovoltaic Technologies a partner of the Rural Electrification Agency (REA) has exported solar panels manufactured to Accra Ghana. This marks the first export of its kind and underscores Nigerias growing capacity to produce and supply clean energy solutions regionally" [X Link](https://x.com/thecompasshub/status/1976358583358062984) [@thecompasshub](/creator/x/thecompasshub) 2025-10-09T18:46Z 4265 followers, 1466 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 4265 followers, 18.1K 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 4265 followers, 4318 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 4265 followers, 25.1K engagements "The Central Bank of Nigeria (CBN) has introduced new draft guidelines compelling banks to provide instant refunds for failed Automated Teller Machine (ATM) transactions. The rules released on October X 2025 are designed to strengthen consumer protection improve service reliability and ensure greater accountability in Nigerias financial system. The circular signed by Musa I. Jimoh Director of the Payments System Policy Department was addressed to banks payment service providers card schemes and independent ATM deployers. Stakeholders have until October XX 2025 to provide feedback before the" [X Link](https://x.com/thecompasshub/status/1977093216068682154) [@thecompasshub](/creator/x/thecompasshub) 2025-10-11T19:25Z 4265 followers, 15.9K 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 4265 followers, 11.7K 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 4265 followers, 8728 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 4265 followers, 1114 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 4265 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 4265 followers, 29.5K 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 4265 followers, 1121 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 4265 followers, 18.8K engagements "The National Pension Commission (PenCom) has assured all federal government workers retiring between October and December that they will receive their benefits before December XX. Omolola Oloworaran PenCom director-general (DG) addressed employees and pension desk officers on the contributory pension scheme (CPS) at a two-day workshop in Lagos on Wednesday. Oloworaran said PenCom is finalising the payment of N758 billion pension arrears dating back nearly two decades before year-end following President Bola Tinubus bond approval. The waiting time is almost over; we are at the finishing line" [X Link](https://x.com/thecompasshub/status/1978848712920080687) [@thecompasshub](/creator/x/thecompasshub) 2025-10-16T15:41Z 4265 followers, 11.2K 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 4265 followers, 28.4K 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 4265 followers, 2546 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 4265 followers, 72.9K 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 4265 followers, 10.3K 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 4265 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 4265 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 4265 followers, 6779 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 4265 followers, 7066 engagements "Cardoso: Subsidy removal rebalanced public finances Targeted incentives attracted $8bn energy investments Olayemi Cardoso governor of the Central Bank of Nigeria (CBN) says the removal of petrol subsidy and expenditure rationalisation have helped to rebalance public finances and create fiscal space for productive investment. Cardoso spoke on Friday during a press briefing on the sidelines of the annual meetings of the International Monetary Fund (IMF)/World Bank in Washington DC the United States (US)" [X Link](https://x.com/thecompasshub/status/1979880301426884821) [@thecompasshub](/creator/x/thecompasshub) 2025-10-19T12:00Z 4265 followers, 1125 engagements "CBN to reissue N650 billion Treasury Bills on October XX 2025 auction The Central Bank of Nigeria (CBN) will on Wednesday October XX 2025 conduct its Treasury Bills (T-Bills) Primary Market Auction (PMA) where a total of N650 billion worth of maturing bills will be rolled over. The manufacturing bills being reissued on behalf of the Debt Management Office (DMO) will be offered across three maturities: N100 billion for the 91-day tenor N100 billion for the 182-day paper and N450 billion for the 364-day instrument. It is part of the governments regular short-term borrowing programme aimed at" [X Link](https://x.com/thecompasshub/status/1979967303627296932) [@thecompasshub](/creator/x/thecompasshub) 2025-10-19T17:46Z 4265 followers, XXX engagements "TAX REFORMS Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms Taiwo Oyedele has clarified how the newly enacted tax reform laws will affect Nigerians living abroad addressing key concerns around tax filing remittances Tax Identification Number (TIN) and residency rules. In a Q&A issued to address concerns of Nigerians in the diaspora Oyedele clarified that Nigerians abroad are not obligated to obtain a Tax Identification Number (TIN) or file annual tax returns in Nigeria unless they earn income from Nigerian sources such as employment or business operations within the" [X Link](https://x.com/thecompasshub/status/1979969047769895305) [@thecompasshub](/creator/x/thecompasshub) 2025-10-19T17:53Z 4265 followers, 1185 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.]
The Compass Hub posts on X about nigeria, over the, bank of, inflation the most. They currently have XXXXX followers and XX posts still getting attention that total XXXXX engagements in the last XX hours.
Social category influence finance XXXXX% countries XXXXX% currencies XXXX% technology brands XXXX% mls XXXX%
Social topic influence nigeria #653, over the 4.12%, bank of 4.12%, inflation #465, nigerian naira 2.06%, investment #2323, capital gains 2.06%, finance 2.06%, marking 2.06%, money XXXX%
Top accounts mentioned or mentioned by @65 @bjerdeanna @bugizi6 @factz25 @onifadeleo @firbrime @grok @oparalucky9 @unlimited_temi @4t_tdt @kenosb
Top posts by engagements in the last XX hours
"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 4259 followers, 2485 engagements
"NIGERIAS TRADE BALANCE: FROM DEFICITS TO SUSTAINED SURPLUS"
X Link @thecompasshub 2025-09-22T23:08Z 4259 followers, 22.1K 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 4242 followers, 2878 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 4257 followers, 9870 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
"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 4255 followers, 1457 engagements
"LOAN TO CORP MEMBERS The Bank of Industry (BOI) has launched a N2 billion entrepreneurship programme aimed at providing affordable loans to members of the National Youth Service Corps (NYSC) as part of broader efforts to tackle youth unemployment and promote small business growth. The initiative titled the N2bn BOINYSC Entrepreneurship Programme was unveiled on Wednesday in Abuja. Speaking at the event BOI Managing Director Dr. Olasupo Olusi represented by the banks Executive Director for Micro Small and Medium Enterprises (MSME) Mr. Shekarau Omar said the fund was designed to support corps"
X Link @thecompasshub 2025-10-09T20:55Z 4258 followers, 2009 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 4259 followers, 1040 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 4259 followers, 16.3K 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 4260 followers, XXX 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 4242 followers, 15K engagements
"In September 2025 the Headline inflation rate eased to XXXXX% relative to the August 2025 inflation rate of 20.12%. MoM headline inflation rate in September 2025 was 0.72%. Food Inflation rate was -XXXX% MoM. - NBS"
X Link @thecompasshub 2025-10-15T14:45Z 4261 followers, 38.1K engagements
"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 4242 followers, 19.8K 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 4250 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 4252 followers, XXX 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 4260 followers, XXX 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 4263 followers, 3729 engagements
"BASIC EDUCATION UBEC kicks off digitalization of public schools with distribution of smart boards to basic education schools in Lagos"
X Link @thecompasshub 2025-10-10T20:24Z 4262 followers, 11.7K engagements
"Nassembly proposes November 2026 presidential governorship elections in new Electoral Act amendment Ahead of the 2027 general election the national assembly is proposing that presidential and gubernatorial polls be held in November 2026 instead of the traditional February or March date. The proposal is contained in the draft copy of various amendments to the 2022 Electoral Act which stipulates that elections into both offices should be conducted not later than XXX days before the expiration of the tenure of the incumbent on May XX. The proposed amendments came to the fore on Monday during a"
X Link @thecompasshub 2025-10-13T21:09Z 4262 followers, 18.6K 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 4264 followers, 36.9K 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 4262 followers, 1746 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 4263 followers, 1128 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 4263 followers, XXX engagements
"PHOTOS NEWS: Nigeria exports locally made solar panels to Ghana in renewable energy milestone In a landmark achievement for Nigerias renewable energy sector Levene Photovoltaic Technologies a partner of the Rural Electrification Agency (REA) has exported solar panels manufactured to Accra Ghana. This marks the first export of its kind and underscores Nigerias growing capacity to produce and supply clean energy solutions regionally"
X Link @thecompasshub 2025-10-09T18:46Z 4265 followers, 1466 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 4265 followers, 18.1K 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 4265 followers, 4318 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 4265 followers, 25.1K engagements
"The Central Bank of Nigeria (CBN) has introduced new draft guidelines compelling banks to provide instant refunds for failed Automated Teller Machine (ATM) transactions. The rules released on October X 2025 are designed to strengthen consumer protection improve service reliability and ensure greater accountability in Nigerias financial system. The circular signed by Musa I. Jimoh Director of the Payments System Policy Department was addressed to banks payment service providers card schemes and independent ATM deployers. Stakeholders have until October XX 2025 to provide feedback before the"
X Link @thecompasshub 2025-10-11T19:25Z 4265 followers, 15.9K 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 4265 followers, 11.7K 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 4265 followers, 8728 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 4265 followers, 1114 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 4265 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 4265 followers, 29.5K 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 4265 followers, 1121 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 4265 followers, 18.8K engagements
"The National Pension Commission (PenCom) has assured all federal government workers retiring between October and December that they will receive their benefits before December XX. Omolola Oloworaran PenCom director-general (DG) addressed employees and pension desk officers on the contributory pension scheme (CPS) at a two-day workshop in Lagos on Wednesday. Oloworaran said PenCom is finalising the payment of N758 billion pension arrears dating back nearly two decades before year-end following President Bola Tinubus bond approval. The waiting time is almost over; we are at the finishing line"
X Link @thecompasshub 2025-10-16T15:41Z 4265 followers, 11.2K 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 4265 followers, 28.4K 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 4265 followers, 2546 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 4265 followers, 72.9K 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 4265 followers, 10.3K 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 4265 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 4265 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 4265 followers, 6779 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 4265 followers, 7066 engagements
"Cardoso: Subsidy removal rebalanced public finances Targeted incentives attracted $8bn energy investments Olayemi Cardoso governor of the Central Bank of Nigeria (CBN) says the removal of petrol subsidy and expenditure rationalisation have helped to rebalance public finances and create fiscal space for productive investment. Cardoso spoke on Friday during a press briefing on the sidelines of the annual meetings of the International Monetary Fund (IMF)/World Bank in Washington DC the United States (US)"
X Link @thecompasshub 2025-10-19T12:00Z 4265 followers, 1125 engagements
"CBN to reissue N650 billion Treasury Bills on October XX 2025 auction The Central Bank of Nigeria (CBN) will on Wednesday October XX 2025 conduct its Treasury Bills (T-Bills) Primary Market Auction (PMA) where a total of N650 billion worth of maturing bills will be rolled over. The manufacturing bills being reissued on behalf of the Debt Management Office (DMO) will be offered across three maturities: N100 billion for the 91-day tenor N100 billion for the 182-day paper and N450 billion for the 364-day instrument. It is part of the governments regular short-term borrowing programme aimed at"
X Link @thecompasshub 2025-10-19T17:46Z 4265 followers, XXX engagements
"TAX REFORMS Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms Taiwo Oyedele has clarified how the newly enacted tax reform laws will affect Nigerians living abroad addressing key concerns around tax filing remittances Tax Identification Number (TIN) and residency rules. In a Q&A issued to address concerns of Nigerians in the diaspora Oyedele clarified that Nigerians abroad are not obligated to obtain a Tax Identification Number (TIN) or file annual tax returns in Nigeria unless they earn income from Nigerian sources such as employment or business operations within the"
X Link @thecompasshub 2025-10-19T17:53Z 4265 followers, 1185 engagements
/creator/x::thecompasshub