AfDB Projects Naira, Cedi Fall Due to Low Export Earnings African Development Bank (AfDB) has revealed that Nigeria’s naira and the Ghanaian cedi are among the African currencies that are expected to witness a decline this year driven by a potential fall in export earnings. The...

Debt Servicing Drops to 40% as States’ Revenue Rises to N6trn - Tinubu President Bola Ahmed Tinubu says Nigeria's debt-service-to-revenue has dropped from 100 percent to 40 percent and raised states revenue by N6 trillion. He made this known in his second-year anniversary speech delivered on...

FG to Implement More Reforms to Strengthen Economy, Says Tinubu President Bola Tinubu has revealed plans to implement more reforms to strengthen the economy and end opaque waivers to pave the way for the nation’s growth. Tinubu spoke at the second anniversary speech on Thursday, noting...

FG’s Sukuk Highest Subscription Records 735% to N2.21tn in 2025 - DMO The Series VII of the Sovereign Sukuk of the Federal Government has recorded an unprecedented subscription level of over N2.21tn, representing an oversubscription of 735 per cent. This was revealed by the Debt Management...

Investors Gain N187bn in Market Capitalisation  The Nigerian Exchange extended its bullish run on Wednesday, gaining N187bn in market capitalisation, driven by increased trading activity and positive investor sentiment. At the close of trading, the All-Share Index rose by 296.39 points, or 0.27 per cent, to...

Power: NERC Issues Fresh Guidelines on Third-party Revenue Collection The Nigerian Electricity Regulatory Commission has released new guidelines mandating a digitised, transparent, and accountable framework for electricity revenue collection. The new regulatory directive, titled “Guidelines on Registration and Engagement of Third-Party Collection Service Providers”, was released...