BUSINESS

CBN Raises Treasury Bills Rates, Allots ₦1.49trn  

By Ayo Kehinde         The Central Bank of Nigeria (CBN) allotted ₦1.49 trillion at its...

IMF: Nigeria in Reform Paradox as Growth Rises, Reserves Climb, Yet 63% Live in Poverty 

      Nigeria’s sweeping economic reforms have delivered stronger growth, lower inflation, and improved external reserves, but...

ICPC partners NCS to share intelligence on contraband goods dealing in Borno, Yobe

By Inusa Ndahi, Maiduguri The Independent Corrupt Practices and other Related Offences Commission (ICPC) is to partner with...

Nigeria’s External Reserves Gain Over $1bn In Two Weeks, Cross $50.8bn

  By Ayo Kehinde       Nigeria’s external reserves increased by more than $1 billion in the...

FG: No New Fuel, Telecom Taxes 

The Federal Government has assured Nigerians that there are no plans to introduce new taxes on petroleum products...

LPG Marketers Project Lower Cooking Gas Prices in Nigeria by End-2026

        The  Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has projected that retail cooking...

Nigeria’s Gas Production Rises To 7.93bcf/d In May 

By Ayo Kehinde Nigeria’s average daily natural gas production rose to 7.93 billion standard cubic feet per day...

Inflation Rises to 15.93% in May as Food Prices Remain Even

Nigeria’s headline inflation rate rose to 15.93 percent year-on-year in May 2026, up from 15.69 percent recorded in...

Nigeria Records $6.51bn Oil Windfall As Output Exceeds OPEC Quota

  By  Ayo Kehinde       Nigeria recorded an estimated $17.78 billion in gross crude oil revenue...

FG Raises N4.68bn from June Savings Bond

  By Ayo Kehinde         The Federal Government of Nigeria has raised N4.678 billion through...