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The Central Bank of Nigeria (CBN) has cut its benchmark interest rate by 350 basis points, reducing the Monetary...
The Nigerian naira weakened against the United States dollar on Friday, September 18, 2026, across both the official and parallel markets, with the currency losing ground...
The naira recorded a mixed performance across Nigeria’s foreign exchange markets on Friday, September 4, 2026, with notable gains against the US dollar in both official...
Nigeria’s external reserves have climbed to $54.08 billion, their highest level in nearly 18 years, according to the latest data from the Central Bank of...
The Nigerian naira opened September 2026 trading at about N1,332.44 per dollar at the official foreign exchange market, while the US currency sold for as high...
Nigeria’s economy expanded by 4.43 per cent in the second quarter of 2026, recording a slight improvement from the 4.23 per cent growth achieved in...
Nigeria’s seaborne petroleum product exports have increased seven-fold since 2023, with the Dangote Petroleum Refinery identified as the major driver of the growth, according to...
The Dangote Petroleum Refinery has expanded its free petroleum products delivery programme to four additional states, in a move aimed at reducing distribution costs...
The Federal Government has signed an agreement with Premium Steel and Mines Limited (PSML) to revive and fully reactivate the former Delta Steel Company at...
The Federation Account Allocation Committee has approved the disbursement of a total of N3.007 trillion in revenue for July 2026 to the three tiers of government....