Economy & Market
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172Tax Revenue Hits ₦27tr after 113% Surge –Report
Nigeria’s tax collections have surged by 113 per cent in less than three years, rising from N12.3tn in 2023 to N27.1tn as...
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374SEC Steps Up Unclaimed Funds Recovery
The Securities and Exchange Commission has intensified efforts to reduce unclaimed funds and dormant investment assets by launching a Probate/Unclaimed Monies Awareness...
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354CBN says FX Stability, Rising Reserves Signal Economic Recovery
The Central Bank of Nigeria (CBN) pointed to improving foreign exchange stability, rising external reserves and easing inflation as evidence that its...
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273Dangote 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...
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147Banks 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,...
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437CBN 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...
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419NEC 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...
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403FG 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...
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401SEC 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...
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380Nigeria’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...
