Economy
Court Hits 21 Unlicensed Investment Firms with N30 Million Fines Each
Nigeria’s capital market regulators have scored a significant enforcement win after a Federal High Court in Nasarawa State convicted 21...
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Federal Government Allots N6.69 Billion in September Savings Bonds
The Federal Government, through the Debt Management Office, has allotted a total of N6.69 billion to domestic investors under the...
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Federal Government Seeks Fresh $1.5 Billion in World Bank Financing
The Federal Government has begun talks with the World Bank for three new loans amounting to $1.5 billion, even as...
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FG and CBN Sign Six-Point Agreement to Curb Inflation and Stabilise Fuel Prices
The Federal Ministry of Finance and the Central Bank of Nigeria have formalised a Memorandum of Understanding that sets out...
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Foreign Exchange Supply Rises 20.5% to $8.94 Billion in 2025, CBN Data Show
Nigeria’s foreign exchange supply increased by 20.5 per cent to $8.94 billion in 2025 from $7.43 billion in 2024, according...
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Dangote Lowers Petrol Price to N1,325 a Litre Nine Days After N85 Increase
Dangote Petroleum Refinery has reduced the ex-gantry price of Premium Motor Spirit by N25 a litre to N1,325. The cut...
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FG Raises N748.64 Billion from FGN Bonds as Borrowing Rates Ease
The Federal Government raised N748.64 billion from its September 2026 domestic bond auction, with investors showing strong demand for both...
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Foreign Reserves Climb $12.76 Billion in a Year, Gain $708 Million in September
Nigeria’s gross foreign exchange reserves rose by $12.76 billion year-on-year to $54.61 billion as of 14 September 2026, reinforcing the...
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Lagos Ports Handle 84.6% of Nigeria’s N41.44 Trillion Merchandise Trade in Q2
Lagos ports processed an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in...
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FG Raises N728.98 Billion Bond to Clear Power Generators’ Debts
The Federal Government has raised N728.979 billion through the second issuance under its N4 trillion Power Sector Multi-Instrument Issuance Programme,...
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