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Finance Ministry Clears N700bn in Contractor Obligations

The Federal Ministry of Finance has approved payments to more than 1,240 contractors across ministries, departments, and agencies following a verification and reconciliation exercise.

Dangote Cement Deploys AI, Telematics to Enhance Transport Safety

Dangote Cement Transport has scaled up series of impactful, and technology backed programmes designed to improve performance, governance and compliance to road safety. 

Reps Recover ₦521m VAT from CBN in Revenue Probe

The House of Representatives Public Accounts Committee has recovered ₦521.77m in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria (CBN), marking a breakthrough in its probe into revenue leakages linked to government collections via the Remita platform.

Airline Profits to Halve in 2026, IATA Reveals

The International Air Transport Association (IATA) has warned that global airline profits will fall sharply in 2026, driven by war-related disruptions in the Middle East and a 70% surge in jet fuel prices.

Trade Sector Attracts $65.79m in Q1 2026 – NBS

Trade sector attracted $65.79m in foreign capital in Q1 2026, a 91.3% increase year-on-year from $34.39m in Q1 2025, according to the National Bureau of Statistics (NBS).

CBN Absorbs ₦3.04trn in Single OMO Auction

The Central Bank of Nigeria (CBN) absorbed ₦3.04 trillion from the banking system in a single Open Market Operations (OMO) auction on June 5, 2026, as investor demand far exceeded the ₦600 billion offered.