Fuel Crisis Pushes Domestic Airfares Toward N200,000   Following the sustained high cost of aviation fuel, Nigerian airlines have increased airfares to N200,000 and above for one-hour one-way flights. A cost analysis across the airlines’ websites showed an upward review in ticket prices by some domestic carriers,...

Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday said recent inflationary pressures in the country are temporary despite headline inflation rising for two consecutive months.

The Central Bank of Nigeria (CBN) says it is stepping up efforts to address growing customer complaints over bank charges and the volume of transaction alerts received by customers across the banking system.

The Monetary Policy Committee of the Central Bank of Nigeria on Wednesday retained the benchmark Monetary Policy Rate at 26.5 per cent at the end of its 305th meeting.

FGN Bond Auction Sees 45% Decline in Subscriptions Investor demand for Federal Government of Nigeria (FGN) bonds weakened sharply in May 2026, as total subscriptions fell by 45.6% month-on-month, despite higher yields at auction. Data from the Debt Management Office (DMO) showed subscriptions dropped to ₦516.17bn...

Nigeria’s flagship crude grade, Bonny Light, is trading at about $117 per barrel, edging closer to $120, as the U.S.–Iran conflict continues to disrupt global oil markets.