The foreign exchange market in Nigeria experienced a notable surge in activity for the week ended 25 September 2026, driven by strong growth across both spot and derivatives transactions.

The Central Bank of Nigeria (CBN) has revealed that it recorded diaspora remittance of $950 million in July 2026 as part of efforts to boost foreign inflows into the country.

‎FG Engages World Bank for Fresh $1.5bn Loans ‎ ‎The Federal Government is seeking $1.5 billion in fresh financing from the World Bank through three proposed loans targeted at social protection, early childhood development and climate resilience. ‎ ‎Documents obtained from the World Bank show that the three...

DisCos Raked in N205bn Revenue in July — NERC   Electricity Distribution Companies (DisCos) operating across Nigeria generated a total revenue of N205.53 billion in July 2026, marking a 7.12 per cent increase from the amount collected in June, latest industry data from the Nigerian Electricity...

Nigeria Moved $157trn Worth of Goods, Services in 2025 – FG   The Federal Government has put the value of goods and services transported across Nigeria in 2025 at $157 trillion. Technical Adviser to the Vice President on Transportation, Logistics and Innovation, Segun Obayendo, disclosed this on...

FG Reduces Interest on Late Tax Payments   The Federal Government has linked interest charges on unpaid taxes to prevailing borrowing costs, saying delayed tax payments could force the government to borrow to cover revenue shortfalls. Under a new framework taking effect on October 1, 2026, interest...