Economy & Market
-
239Dangote Refinery Targets October Listing for $5b Pan‑African IPO
The Dangote Oil Refinery is planning to conduct its Initial Public Offering in October 2026, as part of a $5 billion pan‑African...
-
78Banks Park ₦83.95tr with CBN as Liquidity Rises
Nigerian banks significantly increased the amount of funds placed with the Central Bank of Nigeria through its Standing Deposit Facility in July,...
-
389CBN Pivots Nigeria toward Regulated Digital Asset Market
Central Bank of Nigeria is set to play a central role in a new regulatory framework aimed at bringing the country’s fast-growing...
-
383NEC Approves $4.5b Refinancing of $3.3b Oil-backed Loan
The National Economic Council on Monday approved the refinancing of the $3.3bn Project Gazelle Pre-Export Finance Facility through a new $4.5bn facility...
-
372FG Targets 20% Manufacturing Contribution to GDP by 2030
The Minister of State for Industry, John Enoh, has said the Federal Government is working to increase the manufacturing sector’s contribution to...
-
364SEC Commences Full E-Registration for Capital Market
The Securities and Exchange Commission has commenced the implementation of a fully electronic registration process for capital market operators, enabling designated regulatory...
-
349Nigeria’s Net Foreign Liabilities Climb to $90.2b
Nigeria’s net foreign liability position rose by $7.5bn to $90.2bn in 2025, as foreign investors’ claims on Nigerian assets increased faster than...
-
167Oyedele, Cardoso Meet Amid Renewed Push for Fiscal-Monetary Alignment
The minister of Finance and Coordinating minister of the Economy, Taiwo Oyedele, on Monday held talks with the governor of the Central...
-
169Banks’ Maximum Lending Rate Drops to 33.16%
Nigeria’s average maximum lending rate eased to 33.16 per cent in June 2026, down from 34.78 per cent in May, reflecting a...
-
450France Commits to Trade, Investment Ties with Nigeria
France has reaffirmed its commitment to deepening trade and investment relations with Nigeria. It described Nigeria as its largest trading partner in...
