The Central Bank of Nigeria (CBN), acting for the Debt Management Office (DMO), has put out a call for banks and investors to bid for […]
Category: Economy
Naira bullish outlook softens as Dollar muscle outweighs CBN’s present playbook
The naira’s outlook swung marginally into a bearish mode as the CBN is expected to keep rates unchanged amid a soaring US dollar and increased […]
Best performing Nigerian stocks for the week ended September 18, 2026
The Nigerian equities market closed the week at a record N162.157 trillion in market capitalisation, surpassing the previous all-time high of N161.8 trillion set on […]
Brent crude falls to $101.71, WTI below $100 as US-Iran diplomacy hopes grow
Brent crude fell to $101.71 per barrel while US West Texas Intermediate (WTI) crude slipped below $100 as investors weighed renewed hopes of diplomatic engagement […]
NLC opposes King’s College concession, warns it could put Unity Colleges at risk
The Nigeria Labour Congress (NLC) has opposed the proposed concession of King’s College, Lagos, warning that the arrangement could set a precedent for the concession […]
FG moves to ensure equitable 13% derivation fund distribution, re-verifies oil wells
The Federal Government has moved to ensure equitable distribution of the 13% derivation fund among oil-producing states through the re-verification of disputed and newly drilled […]
Why 18% returns make you richer in Abia but poorer in Lagos
Nigeria’s inflation continued to decelerate in August, with headline inflation falling for the third consecutive month to 15.39%, from 15.43% in July. But that national […]
CNG adoption faces supply and safety hurdles as Nigeria expands rollout, expert says
Nigeria’s push to expand compressed natural gas (CNG) as an alternative transport fuel is entering a crucial stage, with the success of the transition increasingly […]
Nigeria’s edible oil tanker drivers threaten strike from Sept. 22
Nigeria’s edible oil tanker drivers have threatened to commence industrial action from September 22 over alleged interference in their operations by the Petroleum Tanker Drivers […]
Nigeria’s CNG conversion drive faces hurdles over financing, safety and operational bottlenecks
Nigeria’s push to expand the adoption of compressed natural gas (CNG) as an alternative to petrol and diesel is facing a combination of financing, infrastructure, […]