Dangote Slashes Petrol Gantry Price to N1,200/litre   The Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for Premium Motor Spirit (petrol) to N1,200 per litre, while pegging its coastal price at N1,153 per litre, a development expected to reshape fuel supply costs across...

CBN Blacklists Major Loan Defaulters, Restricts Credit Access   The Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. In a sweeping move to enforce credit discipline and safeguard the nation’s financial system, the apex bank issued...

The Central Bank of Nigeria has moved to tighten oversight of diaspora inflows, directing all international money transfer operators (IMTOs) to route transactions through designated naira settlement accounts in banks in a bid to improve transparency and deepen liquidity in the official foreign exchange market.

Economists and policy analysts are sharply divided over the real benefits of the £746 million (about $991 million) export finance guarantee extended by the United Kingdom to Nigeria for the rehabilitation of key port infrastructure in Lagos.

The Nigeria Labour Congress (NLC) has rejected the Federal Government’s proposed ₦6tn bailout for power generation companies (GenCos), calling it a short-term fix that fails to address Nigeria’s chronic electricity crisis.

The Nigeria AfCFTA Coordination Office has released its consolidated implementation report for 2024–2025, highlighting significant progress in the country’s integration into the African Continental Free Trade Area (AfCFTA).