JUST IN: CBN Cuts Interest Rate to 26.5%   The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has reduced the Monetary Policy Rate (MPR) to 26.5 per cent, marking the second rate cut in five months. The decision was...

Nigeria Sees 566% Surge in Capital Inflows, Hits $2.23bn   Investors from the United States injected $2.23bn into Nigeria’s economy in the first nine months of 2025, findings have shown. This figure represents a 566.02 per cent surge compared to the same...

PENGASSAN Slams Tinubu's Oil Revenue Executive Order   The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday rejected President Bola Tinubu’s newly signed Executive Order mandating the direct remittance of oil and gas revenues to the Federation...

FG Pushes 70% of 2025 Capital Budget to 2026   The Federal Government has said it will implement 30 per cent of the 2025 capital budget before the end of November, as part of measures to fast-track project execution and clear...

FG Eyes $1bn Investment, 500,000 Jobs in Mining Sector Boost   The Federal Government has projected that the mining sector would raise employment from the current 0.3 per cent to 500,000 jobs by 2030 amid expectations of attracting $1bn in foreign...

Naira Reaches Two-Year Peak kf N1,347/$   The naira has strengthened sharply in recent weeks, reaching one of its strongest levels in nearly two years, even as rising foreign portfolio inflows increase the risk of investor profit-taking later in the year,...