Private sector credit dropped sharply by over ₦14 trillion in just two months, falling to ₦80.59 trillion in April 2026 from a peak of ₦94.61 trillion in February 2026, despite the Central Bank of Nigeria’s (CBN) decision to ease monetary policy.
Kaduna Western By-pass 65% Completed -Dantata
The Nnamdi Azikiwe Western By-pass in Kaduna, has achieved 65%completion, the contractor, Dantata & Sawoe Construction Company, has said.
Engr. Nasiru Abdulkadir Dantata, Executive Director, Dantata & Sawoe Ltd., in an interview in Abuja, said the project, which stretches from...
Domestic Airlines May Cut Fares as Dangote Refinery Slashes Jet A1 to ₦1,650/Litre
There strong indications that domestic airlines may slash the cost of local flights by next week, following the confirmation that marketers have commenced loading of aviation fuel, known as Jet A1 at...
Nigeria’s Trade Surplus Jumps 220% to $480m
Nigeria recorded a $480 million trade surplus in January 2026, driven by a 4.46 percent increase in export receipts to a record $4.68 billion, largely fueled by petroleum products.
This represents a 220 percent month-on-month (MoM) increase in trade...
CBN Allots N829.3bn T-Bills on Strong N2trn Subscription
The Central Bank of Nigeria (CBN) allotted a total of N829.32 billion at its Treasury Bills Primary Market Auction held on May 20, 2026, as investor demand remained heavily skewed toward long-dated government securities.
Auction results showed that...
Import Licence Dispute Pits Dangote Refinery Against Marketers
Dangote Refinery and fuel marketers have resumed fresh hostilities over the new import licenses the Federal Government recently granted the former to ship petroleum products outside the shores of the country.
Economic Confidential also reports that the largest...
