Latest News
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380Business NewsPrivate Sector FX Outflows Jump 165% to $16.3b
Foreign exchange outflows through autonomous channels rose by more than 160 per cent in 2025, reflecting increased private-sector demand for foreign exchange...
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403AgricultureLow Milk Output Fuels $1.5b Dairy Import Bill –MAN
The Manufacturers Association of Nigeria has raised the alarm over the poor state of Nigeria’s dairy industry, warning that low milk productivity...
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843Leadership & ManagementNigeria must Deepen Reforms to Unlock Opportunities –Okonjo-Iweala
Nigeria must sustain its macroeconomic reforms and ensure they translate into jobs and improved living standards if it is to benefit from...
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389Money MarketSEC 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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372Economy & MarketNigeria’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...
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186Economy & MarketOyedele, 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...
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192Banking & FinanceBanks’ 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...
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647Industry & MoneyOPSN Rejects Hike in Pension Contribution, Warns of Job Losses, Rising Costs
The Organised Private Sector of Nigeria (OPSN) has expressed deep concern over a proposal by the National Pension Commission (PenCom) to increase...
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1.1KLeadership & ManagementUS Imposes 12.5% Tariff on Nigerian Imports Over Forced Labour Claims
The United States has imposed a 12.5 per cent tariff on imports from Nigeria as part of a new trade measure targeting...
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650AgricultureSubsidised Imports Threaten Nigeria’s Agricultural Growth –FG
The Minister of Budget and Economic Planning, Abubakar Bagudu, has warned that subsidised imports and other global trade distortions pose a threat...
