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Latest News

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

Subnational External Debt Surges as 32 States, FCT Borrow Nearly $1 Billion in 2025

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

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

UBA annual profit hits N170 billion in 2022.

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

CBN Plans N700 Billion Treasury Bills Auction on May 7

Economy

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

The Double-Edged Sword of VAT in Nigeria: Exploitation or Economic Lifeline?

FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.

DMO Announces Subscription Offering for Federal Government Savings Bonds.

Nigeria’s Bond Yields Rise Slightly as DMO Prepares N700 Billion Auction

Federal Government to Generate N12bn Annually from new vehicle tax.

Nigeria Revenue Service Denies Introduction of New Vehicle Tax

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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IMF Cautions Central African Republic against Adopting Bitcoin

Bitcoin Tests $80,000 Resistance as It Remains Range-Bound Ahead of FOMC Decision

by Bolarinwa Mathew

Bitcoin is struggling to break through the key $80,000 psychological level, remaining stuck in a tight trading range as investors...

Naira appreciated to N738/$ in the Parallel Market

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

by Stephen Akudike

Nigeria’s tax receipts denominated in foreign currency rose sharply to N6.33 trillion in 2025, representing a 27.3% increase from N4.97...

CBN to Release Full List of Licensed Bureau De Change Operators

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

by Jide Omodele

The Central Bank of Nigeria (CBN) has sustained its tight restrictions on Bureau De Change (BDC) operators’ access to the...

Naira depreciates to N755/$ in the parallel market.

Naira Drops to Three-Week Low at ₦1,361.5 per Dollar Amid Persistent FX Pressure

by Stephen Akudike

The Nigerian naira weakened to its lowest level in three weeks on Friday, as foreign exchange market pressures continued to...

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Slips to Fresh Low of ₦1,364.24/$ at Official Window

by Stephen Akudike

The Nigerian naira continued its recent decline against the US dollar at the official foreign exchange market on Monday, April...

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.

CBN Schedules N1.05 Trillion Treasury Bills Auction for March 5.

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

Investors Pocket N1.4 Trillion as Dangote Cement, Aradel and Banks Power NGX Surge

February 10, 2026

Gold Rebounds Above $5,000 as Dollar Weakens and Geopolitical Risks Linger

February 4, 2026

Nigeria Customs Service Modernisation Project Aims to Generate $200bn in Revenue

Nigeria Customs Service Surpasses N7.2 Trillion Revenue Target in 2025

January 27, 2026

Business

Airlines Implement Time-Saving Strategies for More Efficient Operations

Aviation Taxes and Fees Consume 35% of Airline Revenues in Nigeria, CPPE Warns

Airlines Implement Time-Saving Strategies for More Efficient Operations

Airlines: “We Are Bleeding”, FG Offers Debt Relief as Airlines Battle 300% Jet Fuel Price Surge

UAC of Nigeria PLC Elects Khalifa Adebayo Biobaku as Vice Chairman of the Board.

UAC Nigeria Lists N54.03 Billion Bond on NGX in Fixed Income Push

Lagos Rolls Out Cybersecurity Guidelines to Tackle N250 Billion Annual Cybercrime Losses

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

Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows

Naira Depreciates Further Against US Dollar at Official Market

Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

Naira Softens at N1,351 Against Dollar as Parallel Market Premium Widens

Naira depreciates to N755/$ in the parallel market.

Naira Opens New Trading Week with Slight Depreciation in Official Market

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Opens New Trading Week with Slight Depreciation in Official Market

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