CBN’s Forex Liquidity Push Strengthens Naira’s Stability
The Central Bank of Nigeria’s recent measures have lifted dollar liquidity in the foreign exchange market, raising hopes of a more stable naira. These reforms, coupled with rising inflows, have provided short-term relief,...
Marketers Demand NNPC Settle N25bn Equalisation Funds
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked the Nigerian National Petroleum Company Limited to pay the long-held petroleum equalisation funds owed to its members.
The marketers also urged the NNPC Group...
Non-oil Revenue Rises 40% to N20.6trn – Presidency
The Presidency has said Nigeria is firmly on track to meet its annual non-oil revenue target. A statement signed on Wednesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga,...
Nigeria Seeks Fresh $1.75bn World Bank Loan
The Federal Government plans to increase its borrowing despite a significant 40.5 per cent surge in revenue for the first eight months of 2025. This boost in revenue has largely been driven by...
Marketing Sector Records $26.39m Inflow on Investors Return
Nigeria’s marketing industry has attracted a total of $26.39m in foreign investments since 2023, signalling a cautious rebound in investor confidence after a sharp decline in 2024.
Capital importation data from the National...
NNPC Confirms Dangote's N11bn Crude Oil Purchase in July
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the Dangote Petroleum Refinery accounted for 32.33 per cent of its total crude oil sales in July, worth N34.64bn This was...
