Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026
Corporate borrowers and state-backed entities paid coupon rates as high as 20% to access Nigeria’s debt capital market in the ...
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US Imposes 12.5% Tariff on Nigerian Exports Over Forced Labour Concerns
The United States has imposed a 12.5% tariff on most Nigerian exports following a Section 301 investigation that concluded Nigeria ...
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. ...
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. ...
FG to Issue N729 Billion Bond to Settle Legacy Debts Owed to Power Generators
The Federal Government is set to raise approximately N729 billion through a second sovereign bond issuance to clear verified legacy ...
NRS Gives Large Taxpayers July 31 Deadline to Fully Adopt E-Invoicing System
The Nigeria Revenue Service (NRS) has set July 31, 2026, as the final deadline for all large taxpayers to fully ...
Nigeria’s Foreign Reserves Hit $51.86 Billion, Highest in 17 Years
Nigeria’s external reserves have climbed to $51.86 billion, the highest level recorded in more than 17 years, according to the ...
FG Approves $11.50/Barrel Tax Credit for Shell’s Bonga Southwest Aparo Project
The Federal Government has granted Shell Plc and its partners a special production-linked tax credit of $11.50 per barrel for ...
FX Market Turnover Plunges 46.57% to $1.63 Billion in Second Week of July
Nigeria’s foreign exchange market witnessed a sharp decline in activity during the week ended July 10, 2026, with total turnover ...
Nigeria’s $51 Billion Reserves at Risk from Volatile Capital and Oil Reliance – EBC
Global financial services firm EBC Financial Group has warned that Nigeria’s foreign reserves, which recently surpassed the $51 billion mark, ...
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Cash Outside Banks Falls by N486 Billion to Seven-Month Low
Petrol Climbs to N1,400 per Litre as Transport Fares Rise Across Nigeria
Cooking Gas Prices Drop Across Nigeria as Lagos Records Lowest Rate of N1,200 per kg
Nigeria’s FX Market Hits Record $4.4 Billion Weekly Turnover
Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026
