Economy

Nigerian Breweries Warns of FX Risks and Higher Inflation from Middle East Instability

by Victoria Attah

April 20, 2026

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Economy

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre Amid Global Oil Uncertainty

by Akpan Edidong

March 27, 2026

Dangote Petroleum Refinery & Petrochemicals has lowered its ex-depot (gantry) price for Premium Motor Spirit (petrol) to N1,200 per litre,...

Union Bank Completes Delisting Procedure from NGX

Federal High Court Nullifies CBN’s Dissolution of Union Bank Board, Orders Immediate Reinstatement

A Federal High Court in Lagos has nullified the Central Bank of Nigeria’s (CBN) decision to dissolve the board and...

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

CBN Lowers Yields on Two Tenors at March 25 Treasury Bills Auction Amid Liquidity Glut

The Central Bank of Nigeria (CBN) reduced interest rates on two key maturities at its Treasury Bills auction held on...

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

NGX Market Cap Drops Below N129 Trillion as Profit-Taking Weighs on Banking Stocks

The Nigerian Exchange Limited (NGX) reversed its recent upward momentum on Wednesday, March 25, 2026, as sustained profit-taking in major...

DMO Announces Subscription Offering for Federal Government Savings Bonds.

FG Opens Subscription for N750 Billion March Bond Offer

by Jide Omodele

The Federal Government, through the Debt Management Office (DMO), has opened subscriptions for N750 billion worth of Federal Government of...

NEC Affirms CBN $3 Billion Loan for Naira Stability

Business

CBN Directs International Money Transfer Operators to Open Naira Settlement Accounts with Local Banks

The Central Bank of Nigeria (CBN) has issued a new directive requiring all International Money Transfer Operators (IMTOs) operating in...

Business

Central Banks Ramp Up Gold Purchases as Geopolitical Risks Fuel De-Dollarisation Drive

Central banks worldwide are stepping up their gold-buying activities at a notable pace, with emerging market giants China and India...

Food inflation and energy costs have eroded global living standards – IMF

Global Inflation Outlook Dims as Energy Shock Tests Disinflation Progress

Global inflation has entered a more volatile and structurally complex phase, with the rapid disinflation observed in late 2024 now...

Nigeria’s Oil Production Deficit May Persist Despite TotalEnergies’ Production From the Ikike Field

OPEC Faces Major Supply Shock as Middle East Conflict Disrupts Oil Flows

by Akpan Edidong

The escalating conflict in the Middle East has triggered one of the most significant supply disruptions in recent energy history,...

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

NGX Records 8.76 Billion Shares Traded in Three-Day Week as ICT Sector Dominates Activity