Economy
Türkiye, Nigeria Unite Against Terrorism, Target $5bn Trade Volume
President of the Republic of Türkiye, Recep Tayyip Erdogan, on Tuesday in Ankara reaffirmed his country’s commitment to working with Nigeria to end ...
Economy
Naira hits record ₦1,401.22/$ since EFEMS
The naira on Tuesday strengthened to a record high of ₦1,401.22 per dollar at the official foreign exchange (FX) market, marking its strongest ...
Economy
Nigeria Raises ₦1.54 Trillion in Oversubscribed January Bond Sale
The Debt Management Office (DMO) kicked off its 2026 domestic borrowing on a strong note, raising ₦1.54 trillion at the January FGN Bond ...
Economy
Inflation slows to 21.88% in July even as food prices climb
Headline inflation eased for a fourth straight month in July to 21.88% from 22.22% in June following an update to the CPI basket ...
Economy
Nigeria approves plan to refinance ₦4tn power-sector debt
The federal government has approved the refinancing of approximately ₦4 trillion in power-sector debts owed to 27 generation companies for unpaid invoices dating ...
Economy
Central Bank holds key rate at 27.5%, signals tight stance
The Central Bank of Nigeria left the Monetary Policy Rate unchanged at 27.5%, citing the need to consolidate disinflation and guard against emerging ...
