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Foreign Inflows to NGX Surge to N288bn in March

Foreign Inflows to NGX Surge to N288bn in March   Foreign portfolio participation on the Nigerian Exchange Limited (NGX) recorded a significant recovery in March 2026, with total foreign transactions increasing by 107.74 per cent to reach N288.82bn. According to the latest Domestic and Foreign Portfolio Investment...

FG to Raise N700bn Through April Bond Sale

FG to Raise N700bn Through April Bond Sale   The Federal Government plans to raise N700bn from the domestic bond market in April 2026, extending a gradual reduction in offer size as it continues to navigate elevated borrowing costs. Details from the April 2026 Federal Government of...

FG Mulls Debt Relief for Airlines as Fuel Crisis Bites

FG Mulls Debt Relief for Airlines as Fuel Crisis Bites The Federal Government has announced plans to waive debts owed by domestic airlines to aviation agencies as part of measures to cushion the impact of the ongoing Jet A1 fuel crisis. Minister of Aviation and Aerospace...

Freight Forwarders Demand Urgent Tariff Review

Freight Forwarders Demand Urgent Tariff Review Stakeholders in Nigeria’s freight forwarding and clearing sector have called for an urgent review of the current tariff structure, warning that rising charges are crippling trade and worsening economic hardship. At a media engagement in Lagos, they stressed that persistent...

CBN Introduces Nigerian Overnight Financing Rate as New Benchmark

The Central Bank of Nigeria (CBN), in partnership with the Financial Markets Dealers Association (FMDA), has unveiled the Nigerian Overnight Financing Rate (NOFR) as the country’s new money market benchmark.

Higher Oil Prices Could Ground African Airlines, Raise Food Prices – Dangote

Higher Oil Prices Could Ground African Airlines, Raise Food Prices - Dangote Aliko Dangote, Africa’s richest man, has warned that surging oil prices driven by tensions around the Strait of Hormuz could devastate airlines and worsen food inflation across the continent. Dangote spoke on Thursday during...