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NEC Affirms CBN $3 Billion Loan for Naira Stability

33 Banks Meet CBN Recapitalisation Targets, Raising N4.65 Trillion as Programme Concludes

World Bank Approves $500 Million Loan to Boost Nigeria’s Agricultural Productivity and Food Security

Nigeria Procures $1.5 Billion Loan from the US to Support Solar Power Infrastructure

Solar Panel Imports Surge to 2.9 Million Units Worth N435bn in 2025 as Power Outages Persist

LIRS Shuts 34 Companies Over Tax Non-Compliance

LIRS Extends Deadline for Individual Tax Returns Filing to April 14

Economy

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Faces Fresh Pressure as US Dollar Index Climbs to 10-Month High

NGX Appoints an Advisory Panel on Digital Technology Products.

Nigeria’s Economic Reforms Driving Strong Domestic Capital Mobilisation – NGX CEO

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

Banks Raise N4.6 Trillion in Recapitalisation Exercise as Sector Prepares for Lending Battle

Nigeria’s Opportunity: Navigating Global Oil Surge Amid Libya’s Top Oilfield Disruption

US Cuts Nigerian Crude Imports by Nearly 50% in January 2026

Market

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Blacklists Chronic Loan Defaulters, Bars Them from Banking Services

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

$26 Billion for unidentified source passed through Binance-Cardoso

32 Banks Meet CBN Recapitalisation Targets Ahead of Deadline – Cardoso

Union Bank Completes Delisting Procedure from NGX

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

Latest story

CBN Governor Yemi Cardoso to Address Policy Direction Amid Inflation Challenges

CBN Directs Banks and Fintechs to Complete Cybersecurity Self-Assessment Within 21 Days

by Victoria Attah

The Central Bank of Nigeria (CBN) has given deposit money banks three weeks to complete a new Cybersecurity Self-Assessment Tool...

Nigeria Customs Service Auctions 14,875 Litres of Petrol Worth N14.875 Million in Lagos

by Akpan Edidong

The Nigeria Customs Service (NCS), under its anti-smuggling initiative Operation Whirlwind, has auctioned 14,875 litres of Premium Motor Spirit (petrol)...

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

by Stephen Akudike

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

by Stephen Akudike

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...

Popular posts

Politics

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

Global Inflation Outlook Dims as Energy Shock Tests Disinflation Progress

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

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

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

CBN Signals Path to Single-Digit Inflation with Shift to Inflation-Targeting Framework

Wealth

Oil Prices Poised for Sixth Consecutive Weekly Increase Amid Output Cut Commitments.

Nigeria Earns $31.54 Billion from Crude Oil Exports in 2025 Amid Production Shortfalls

The US dollar’s international dominance slowly being eroded.

Naira Slips for Third Straight Session as Reserves Dip Below $50 Billion Mark

Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

US Dollar Slumps as Global Central Banks Signal Tighter Policy Amid Oil Surge

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

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

Business

Uber Partners with Waymo to Introduce Self-Driving Cars, Advancing Autonomous Driving.

Uber Highlights N6.1 Billion Annual Driver Earnings in Nigeria Amid Ongoing Lagos Strike

Nigeria Market Highlights: Japaul Gold Ventures Leads Most Active Gainers, FCMB Surges By 7.03%

NGX Market Cap Dips Below N130 Trillion as Profit-Taking Takes Hold

Dangote Refinery: Weep Not Child By Duke of Shomolu

Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals

CBN Auctions N1.05 Trillion in Treasury Bills, Pushing Two-Week Borrowing Near N3 Trillion

Technology

CBN bans foreign bank representative offices from engaging in banking business in Nigeria..

Nigeria’s Current Account Surplus Plunges 65% to $1.4 Billion in Q4 2025

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

FG Scraps 7% Customs Deduction from FAAC, Shifts to Import-Based Funding Model

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

Nigerian Stock Market Surges to New Heights as ASI Crosses 202,000 Points

President Tinubu’s Executive Orders Set to Boost Liquidity in Nigeria’s Forex Market

States Handle 45% of Nigeria’s Public Spending, FG Says

Currency

Top Story: Central Bank Raises MPR by 200 Basis Points to 24.75%

Nigeria’s Crypto Transactions Hit $96bn as SEC Tightens Oversight

Nigeria’s Inflation Climbs to 19.6% in July 2022

Nigeria’s Inflation Eases to 15.06% in February 2026 Amid Mixed Price Pressures

Naira Surges Against US Dollar, Falls Below N1,000 Mark

Naira Strengthens to N1,355/$ on Monday, Marking Strongest Level in Four Weeks

EIU Predicts Naira’s Decline to N1,018 per Dollar Amidst Soaring Inflation.

Naira Rebounds to N1,363.5/$ on Friday After Early-Week Slide, Boosted by Improved FX Supply

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