Economy & Market
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491Credit to Manufacturers Dropped 22.5% in 2025 –MAN
The Manufacturers Association of Nigeria has expressed concern over the sharp decline in commercial bank credit to the manufacturing sector. It warned...
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478ICRC: Nigeria Requires $100b Yearly to Close $2.3tr Infrastructure Gap
Nigeria is currently facing an estimated infrastructure deficit of $2.3 trillion and will require about $100 billion in annual investments over the...
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471SEC Partners Rwanda to Accelerate African Market Integration
The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with Rwanda’s Capital Markets Authority (CMA), aimed at deepening...
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397Investors Warned as SEC Halts Dangote IPO Publicity
The Securities and Exchange Commission has directed capital market operators to immediately halt all promotional activities relating to a purported initial public...
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374Exporters Drive 43% of FX Inflows
Exporters emerged as the dominant source of foreign exchange liquidity in Nigeria’s official market last week, accounting for 43.30 per cent of total...
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523NGX Introduces New Thresholds for Share Price Changes
The Nigerian Exchange (NGX) has introduced a revised pricing framework that will require specific volumes of shares to be traded before the...
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470Stocks Retreat, Dollar Gains as Traders Shun Risk
Global stocks fell in holiday-thinned trading as investors weighed whether a 60-day diplomatic push between the US and Iran could yield a...
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430Oil Exports Drive Nigeria’s Current Account Surplus to $4.98b
Nigeria’s current account surplus rose sharply by 255.7 per cent quarter-on-quarter to $4.98bn in the first quarter of 2026, driven by higher...
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440UAE Backs Long-Term Nigeria Investments, Trade Growth
The United Arab Emirates has said that its long-term economic commitments to Nigeria remain intact, citing growing trade volumes, increased investment activity...
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612CBN Unveils Overnight Financing Rate
The Central Bank of Nigeria (CBN) has officially launched the Nigeria Overnight Financing Rate (NOFR), a new benchmark interest rate designed to...
