CBN's Agric Funding Initiative Falls Short of Farmer's Expectations   The National President of the All Farmers Association of Nigeria (AFAN) Kabir Kebram, has described the Central Bank of Nigeria (CBN) Anchor Borrowers’ Programme (ABP) as a failed intervention. Speaking on the...

Naira Ends July with 0.25% Loss   The naira closed out July 2025 at N1,533.55/$ at the official market, the Nigerian Foreign Exchange Market, data from the Central Bank of Nigeria revealed on Thursday. This is about 0.25 per cent weaker than...

FG Targets Additional 810,000bpd Crude from Deepwater Fields   The Federal Government has unveiled plans to unlock an additional 810,000 barrels of crude oil per day from Nigeria’s deepwater oil fields through a new cluster and nodal development initiative. The initiative, championed...

FG's FX Windfall Crashes by 73% to N589bn in Six Months   Revenue from foreign exchange rate gains crashed by 73 per cent in the first half of 2025, falling to N589.45bn from N2.199tn recorded in the same period of 2024,...

NGX Closes July in the Green, Records N12.62trn Gain   The Nigerian Exchange closed the month of July 2025 on a bullish note, recording a significant N12.62tn gain in market capitalisation. The All-Share Index appreciated by 0.42 per cent on the...

Dangote’s Plan for Direct Fuel Supply Sparks Concerns of Market Disruption   The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has warned that the Dangote Petroleum Refinery’s plan to bypass existing distribution channels and supply refined petroleum products directly...