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Capital Inflows Hit $21bn as Nigeria Intensifies Trade Strategy

Capital Inflows Hit $21bn as Nigeria Intensifies Trade Strategy   The Federal Ministry of Industry, Trade, and Investment has unveiled plans to deepen trade facilitation and tighten policy execution in 2026, following a sharp rebound in capital inflows and export performance in 2025. According to the FMITI...

Banks Using Unaccredited Cheque Printers Risk N10m Fine – CBN

Banks Using Unaccredited Cheque Printers Risk N10m Fine - CBN   Deposit Money Banks risk a N10m fine and withdrawal of cheques from circulation if they engage unaccredited cheque printers, the Central Bank of Nigeria (CBN) has said. The apex bank disclosed this in a circular dated...

MAN Pushes for Local Raw Material Sourcing to Boost Economy

MAN Pushes for Local Raw Material Sourcing to Boost Economy   The Manufacturers Association of Nigeria (MAN) has called for improved sourcing of local raw materials and deeper backward integration across industries, following recent Central Bank of Nigeria data that the non-metallic and food, beverage and...

FAAC Sub-Committee Recovers ₦2.36tn, $7.87m in Unremitted Revenue

FAAC Sub-Committee Recovers ₦2.36tn, $7.87m in Unremitted Revenue The Federation Account Allocation Committee Post-Mortem Sub-Committee has recovered N2.36tn and $7.87m in outstanding revenue arrears collected by revenue-generating agencies but not remitted into the Federation Account, according to findings from the committee’s latest reconciliation released on...

Investors Gain ₦4.14tn as NGX Market Cap Hits ₦114.38tn

Investors Gain ₦4.14tn as NGX Market Cap Hits ₦114.38tn Investors raked in about ₦4.14tn in three trading sessions this week on the Nigerian Exchange Limited, pushing market capitalisation to ₦114.38tn by the close of trading on Wednesday. Over the three days of trading, the All-Share Index...

FG to Prioritise Non-Oil Export Expansion in 2026 — Oduwole

FG to Prioritise Non-Oil Export Expansion in 2026 — Oduwole The Federal Government will prioritise the expansion of non-oil exports in 2026 as part of efforts to deepen economic diversification, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has said. Oduwole made this known...