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Latest News

DMO offers two FGN savings bonds at N1000 per unit.

Highest Yields of 2026 Delivered in Q1 as 364-Day T-Bill Hits 18.47%

Liquidity Crunch: Banking Sector’s Borrowing from CBN Surges to N12 Trillion.

CBN’s 50% CRR Policy Costs Nigerian Banks N2.5 Trillion in Annual Earnings – Report

CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

CBN Unveils Revised Foreign Exchange Manual, Set to Take Effect June 1

Navigating Inflation Crossroads: Nigeria’s Economic Odyssey Amidst Global Trends

Nigeria’s Inflation Edges Higher to 15.69% in April 2026

Economy

Dangote Cement Successfully Completes First Tranche of Share Buyback Program.

Dangote Rejects NNPC Bid to Increase Stake in Refinery, Eyes Public Listing

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

Equities Market Hits Fresh All-Time High as Bulls Maintain Dominance

Top Story: Tinubu Present N27.5 Trillion As 2024 Budget

Nigeria in Advanced Talks with World Bank for $1.25bn Loan to Boost Investment and Jobs

CBN’s Recapitalization Budget of $1 Trillion Sparks Debate Among Industry Stakeholders

CBN Cautions Non-Interest Banks Against Governance and Compliance Weaknesses

Market

Dangote Refinery Obtains License to Process 300,000 Barrels of Crude Daily

Dangote Refinery Expansion to 1.4 Million Barrels Per Day Expected to Create 95,000 Jobs

Nigerian Stock Market Witnesses N35 Billion Dip in Market Cap as Key Stocks Decline

Investors Pocket N1.7 Trillion as NGX Banking and Industrial Stocks Rally

February 20, 2026

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX All-Share Index Breaks 190,000 Barrier, Market Cap Surges by N5.1 Trillion in Single-Day Rally

February 17, 2026

Ghana Reaches Agreement on Eurobond Restructuring: Key Details Explained

Nigeria’s DMO Targets N800 Billion in February Bond Auction as Yields Hover Near 20%

February 17, 2026

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BREAKING: MTN Nigeria gets NCC approval to lease spectrum from NTEL.

MTN Nigeria to Automatically Compensate Customers for Service Disruptions

by Victoria Attah

MTN Nigeria has pledged to compensate millions of subscribers affected by network outages between November 2025 and January 2026, following...

DMO Announces Subscription Offering for Federal Government Savings Bonds.

FG Announces N600 Billion Bond Auction for May 2026

by Jide Omodele

The Debt Management Office (DMO) has unveiled plans for a fresh N600 billion Federal Government of Nigeria (FGN) bond issuance...

Nigerian Stock Market Witnesses N35 Billion Dip in Market Cap as Key Stocks Decline

Equities Market Surges Past 250,000 Points, Investors Pocket N3.17 Trillion

by Jide Omodele

The Nigerian equities market maintained its impressive bullish momentum on Monday, May 12, 2026, as the All-Share Index (ASI) broke...

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Strengthens Sharply, Breaches N1,400 Mark as Forex Inflows Surge

by Jide Omodele

The Nigerian naira has delivered one of its strongest performances in recent months, breaking below the key psychological level of...

Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards

Bad Loans Hits N2.36 Trillion in Nigeria’s Banking Sector

by Jide Omodele

Nigeria’s five largest banks, collectively known as FUGAZ, faced significant asset quality challenges in 2025, setting aside a massive N2.36...

Popular posts

Politics

FG’s First-Half Budget Performance Falls Short: Economic Consequence

Nigeria’s Projected N20.12 Trillion 2026 Deficit Risks Crowding Out Private Sector Credit

January 29, 2026

Crude Oil Prices Soar as Global Supply Shortage Intensifies.

Finance Ministry Denies Collapse of $5 Billion Oil-Backed Loan Deal

“U.S. National Debt Rises By $1 Trillion Every 100 Days

Nigerian Students Face Visa Freeze as U.S. Tightens Grip on Social Media Vetting

Nigeria Faces Tax Hikes on Alcohol, Tobacco, and Sugary Drinks to Unlock $750M World Bank Loan

Wealth

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Nigeria’s External Reserves Drop by $855 Million in Five Weeks

Dangote Cement Eyes London Stock Exchange Listing Before End of 2026

CBN to Release Full List of Licensed Bureau De Change Operators

CBN Maintains Restrictions on BDC Access to Official Forex Market Over Compliance Concerns

CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.

Nigeria’s External Reserves Drop by $731 Million in Early April

Business

Dangote Cement to pay N340 dividend to shareholders.

Cement Price Surges to N12,000 per Bag, Raising Fears of Deeper Housing Crisis

Naira appreciated to N738/$ in the Parallel Market

Nigeria’s FX Market Turnover Hits $10 Billion in April as Naira Strengthens

South Africa Poised to Surpass Nigeria as Africa’s Largest Economy

Nigeria’s Fixed Income Market Set for Massive N10.53 Trillion Liquidity Inflow in May

UBA annual profit hits N170 billion in 2022.

UBA Moves to Safeguard Reputation as Three Face Arrest Over False Claims Against Tony Elumelu

Technology

AI chatbot ChatGPT stumbles as it reaches its limitations of intelligence.

ChatGPT Incorporates Content from Elon Musk’s Controversial Grokipedia in Responses

January 26, 2026

GDP in Euro Area Declines by 0.1%, While EU Records a Modest 0.1% Increase

EU Fines Delivery Hero and Glovo €329M for Online Food Delivery Cartel

Airtel Nigeria Witnesses Surge in Data Consumption and Revenue Growth Amid 4G Expansion.

Airtel Drives Nigerian Stock Market to Record High, Surpassing N70 Trillion Mark

NCC warns against the insecurity of WhatsApp.

Global WhatsApp Outage, Nigerians are feeling the Heat

Currency

Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

Naira Strengthens Further Against US Dollar, Approaches N1,350 Level

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Weakens as CBN Slashes FX Intervention by 83% in April

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Posts First April Appreciation as it hits ₦1,374/$ Since NAFEX Era

Naira appreciated to N738/$ in the Parallel Market

Naira Weakness Pushes Foreign Currency Taxes to N6.33 Trillion in 2025

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