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Trending now
Cash Outside Banks Falls by N486 Billion to Seven-Month Low
Currency held outside Nigeria’s banking system dropped to its lowest level in seven months in June 2026, signalling a gradual...
Banks’ Maximum Lending Rate Eases to 33.16% in June
Nigeria’s average maximum lending rate declined to 33.16% in June 2026, down from 34.78% in May, offering a slight reduction...
Cooking Gas Prices Drop Across Nigeria as Lagos Records Lowest Rate of N1,200 per kg
Cooking gas prices have fallen significantly across Nigeria over the past three weeks, offering relief to households after recent highs....
Several African Currencies Forecast to Weaken Against Dollar – Analyst
Several major African currencies, including Ghana’s cedi, Uganda’s shilling, and Nigeria’s naira, are expected to depreciate against the US dollar...
FG to Phase Out Electricity Subsidy, Introduce Cost-Reflective Tariffs Within a Year
The Federal Government has confirmed plans to gradually eliminate electricity subsidies and fully implement cost-reflective tariffs across Nigeria’s power sector....
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