Economy & Market
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3Crude Imports by Domestic Refineries Jump 151.5% in July –NMDPRA
Crude oil imports by domestic refineries rose by 151.5 per cent to 5.13 million barrels in July 2026, from 2.04 million barrels...
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289Stocks Rise in Runup to Nvidia, Oil Extends Slide
Stocks rose as Asian semiconductor makers advanced ahead of Nvidia Corp.’s results, with traders looking to the chip bellwether’s earnings for the...
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94NGX Transactions Rise 38% to ₦2.37tr in July, Up 30% Year-on-Year
Trading activity on Nigerian Exchange Limited (NGX) rose significantly in July 2026, with total transactions increasing to N2.37 trillion, representing a 38.17...
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88SEC Proposes ₦1m Cap Per Issuer, ₦10m Yearly Limit for Retail Digital-Asset Investments
The Securities and Exchange Commission (SEC) said it has proposed limits on how much retail investors can put into digital asset offerings,...
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428CBN Pushes Wider Adoption of Digital Payment Channels
The Central Bank of Nigeria has called for greater adoption of alternative payment channels to expand access to financial services and stimulate...
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297Pre‑election Spending May Squeeze Businesses, Reverse Economic Gains –NESG
Nigeria’s recent economic gains could be threatened by increased government spending ahead of the 2027 elections and a slowdown in reforms as...
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310CBN: Our Monetary Reforms Have Strengthened Economy
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the economy of the country has been strengthened due...
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8136 States’ Budgets Jump 47% to ₦40tr, Capital Spending Falls
Nigeria’s 36 states and the Federal Capital Territory have increased their combined budgets by 47.5 per cent, from N27.22tn in 2025 to...
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334Oyedele Seeks Stronger Fiscal Federalism, Tasks States on Economic Diversification
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called for greater fiscal responsibility, accountability and cooperation among Nigeria’s...
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344BOI’s Maiden Development Bond Oversubscribed In Five Days
Confidence in the Bank of Industry Limited (BOI) and the ability of Nigeria’s domestic capital market to finance long-term economic development received...
