Latest News
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30Banking & FinanceCBN 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...
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28Local NewsMAN Warns NESREA Plastic Ban could Threaten Jobs, Investments
The Manufacturers Association of Nigeria (MAN) has urged the federal government to suspend the National Environmental Standards and Regulations Enforcement Agency’s (NESREA)...
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31Business NewsNigeria Gas Output Rises as Domestic Demand Grows
Nigeria’s daily natural gas production rose to 7.93 billion standard cubic feet per day (bcf/d) in May 2026, driven by increased domestic...
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33Banking & FinanceCBN Orders Banks to Localise Payments Data
The Central Bank of Nigeria has directed banks, fintech firms and other payment service providers to store payment transaction data generated within...
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32Economy & MarketConsumer Price Momentum to Ease in the Near Term
Based on the recently released data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation rose by 24bps to 15.93% y/y...
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29Banking & FinanceCBN Proposes Stricter Regulation of Banks, Affiliated Companies’ Business Dealings
The Central Bank of Nigeria (CBN) has issued draft guidelines that would impose stricter controls on transactions between banks, financial institutions and...
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28Business NewsNigeria Records $9.32b Non-Oil Exports amid Informal Trade Growth
Nigeria’s non-oil exports rose to $9.32bn in 2025, representing a 24.93 per cent increase from the $7.46bn recorded in 2024, as the...
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29Industry & MoneyNew Crude Streams add 12m Barrels to Nigeria’s Output
The crude grades, introduced in 2024 and early 2026, represent the latest additions to the country’s basket of crude oil grades aimed...
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123OpinionNigeria’s Trade Surplus Poised to Expand in Q2-26
Nigeria’s trade position strengthened sharply, with the foreign trade balance widening to NGN7.55 trillion in Q1-26 from NGN1.71 trillion in Q4-25. This...
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134Business NewsAfCFTA Targets $250b Intra-African Trade
The Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has disclosed that the continental trade bloc is on course...
