FG Raises Domestic Borrowing by 241%
As part of the Federal Government (FG) borrowing plan for the 2026 budget, the Central Bank of Nigeria (CBN) has issued Treasury Bills, TBs, to raise N5.8 trillion in the third quarter of 2026...
AfCFTA, Customs Sign MoU to Ease Trade
The African Continental Free Trade Area Secretariat, the Nigeria Customs Service, and Bergmans Security Consultants and Supplies Limited have signed a Memorandum of Understanding to improve trade and customs operations across Africa.
The agreement...
Dangote Cuts Petrol Price by Another N50
The Dangote Petroleum Refinery has reduced its ex-gantry price of Premium Motor Spirit, popularly known as petrol, from N1,125 per litre to N1,075 per litre.
The latest adjustment represents a N50, or 4.4 per...
Nigeria Exports Hit $1.2bn Amid Rising Container Volumes
Nigeria’s export trade recorded a major boost between January and May 2026, with export value rising to $1.218bn as container throughput more than doubled during the period, according to the Nigeria Customs...
Minister Pledges Improved Power Supply Before Year-End
The Minister of Power, Chief Joseph Tegbe, on Thursday assured Nigerians that electricity supply would improve significantly before the end of the year, saying the Federal Government was taking difficult but necessary decisions...
Debt: Foreign Airlines, Companies Owe NAMA Over N67bn
Foreign airlines and other organisations owe the Nigerian Airspace Management Agency (NAMA) more than N67bn in unpaid charges, a debt burden that is deepening the financial strain on the country’s air navigation...
