FG Debt Repayments Overshoot Budget by N2trn   Federal Government debt repayments exceeded the 2025 amended budget allocation by N1.90tn in the first nine months of the year, fresh data from the Budget Office of the Federation showed. The 2025 third quarter...

CBN Increases Foreign Tuition Limit to $25,000   The Central Bank of Nigeria (CBN) has increased the maximum foreign exchange remittance for tuition payments by Nigerian students studying abroad to $25,000 per semester, up from the previous cap of $15,000. The adjustment...

NGX Loses N581bn as Sell-Off Hits Day Four   The Nigerian equities market closed Thursday’s session in negative territory, extending its bearish run to the fourth consecutive trading day as profit-taking in heavy and mid-cap equities dragged down key performance indicators. At...

NRC Mulls Fare Hike on Fuel Surge   The Nigerian Railway Corporation (NRC) is considering an upward review of passenger and freight tariffs as mounting operational costs continue to pressure its finances. The planned fare adjustment comes barely hours after the expiration...

Naira-for-Crude, Tax Reforms Can Revive Industries — MAN   The Manufacturers Association of Nigeria (MAN) has said that recent government interventions, including the Naira-for-Crude initiative, the Nigeria Industrial Policy, withholding tax exemptions, expanded VAT deductibility on fixed assets and services, phased...

Public Sector Pension Remittance Jumps by 235% in Q4 2025   Public sector pension contributions surged 234.85 per cent to N550.96bn in the fourth quarter of 2025, highlighting stronger compliance with Nigeria’s Contributory Pension Scheme and the settlement of outstanding pension...