According to the Debt Management Office (DMO), exchange rate swings have contributed to the increase in Nigeria's national debt stock, which went from N97.34 trillion in December 2023 to N121.67 trillion in March. 

Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has reiterated the Bank’s commitment to collaborating with relevant financial institutions, fiscal authorities, and the National Assembly in order to ensure the success of the ongoing bank recapitalization exercise.  

The Afenifere Renewal Group (ARG), a Pan Yoruba socio-political organisation, yesterday, urged the federal government to mandate the Central Bank of Nigeria (CBN) to reverse the recent suspension of Heritage Bank’s licence.  

According to Mohammed Bello Koko, the Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), the effective operations of Nigeria’s ports and the maritime industry have improved its revenue generation. 

In a bid to position Nigeria as Africa’s third-largest terrestrial fibre-optic infrastructure in Africa, Mr. Wale Edun, the Honourable Minister of Finance and Coordinating Minister of the Economy, on Tuesday in Abuja, addressed the Fibre Forward Strategic Development Workshop, organized by the Federal Ministry of Communications, Digital Economy and Information Technology (FMCIDENigeria).

A section of Dangote Petroleum Refinery, located in Ibeju-Lekki, Lagos State, experienced an outbreak of fire on Wednesday.