In spite of fluctuation in oil price, Nigeria’s external reserves surged to $42.696 billion last week, and the market anticipates additional inflows to lift the balance this week.

The Dangote Petroleum Refinery has revealed that it has recorded 22 incidents of attempted sabotage since it began operations last year, insisting that the recent reorganisation at the refinery has nothing to do with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).

The Central Bank of Nigeria (CBN) will on Wednesday, October 22, 2025, conduct its Treasury Bills (T-Bills) Primary Market Auction (PMA), where a total of N650 billion worth of maturing bills will be rolled over.

Nigeria could unlock a new wave of economic growth by simply reallocating a small slice of its budget, about one percent of Gross Domestic Product (GDP) from recurrent and administrative expenses to productive sectors like education and infrastructure, the International Monetary Fund (IMF) has said.

The Federal Government has terminated the 43-kilometre Port-Harcourt-Aba-bound road contract being handled by China Civil Engineering Construction Corporation over poor performance.

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that Nigeria has attracted over $8 billion in new energy investments.