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Nigeria Needs $100bn Yearly to Bridge Infrastructure Gap – ICRC

The Infrastructure Concession Regulatory Commission (c) says Nigeria needs about $100 billion annually to close its $2.3 trillion infrastructure deficit by 2043.

Global Aviation Faces Fuel Logistics Overhaul – Experts

Analysts say the global aviation industry is undergoing a major restructuring of its fuel supply chains as geopolitical risks, infrastructure constraints, and disruptions force airlines and energy traders to rethink sourcing strategies.

Despite Digital Drive, Cash Outside Banks Remains Over ₦5trn – CBN

Nigerians held ₦5.19 trillion outside the banking system as of May 2026, underscoring the dominance of cash transactions despite years of investment in digital payments and financial inclusion, according to Central Bank of Nigeria (CBN) data.

Net Domestic Credit Rises 20% Year-on-Year

Credit to Nigeria’s private sector rose to ₦81.04 trillion in May 2026, up slightly from ₦80.59 trillion in April, according to new data from the Central Bank of Nigeria (CBN).

Manufacturers Warn as Sector Credit Falls ₦1.9trn

The Manufacturers Association of Nigeria (MAN) has warned of mounting financial pressure after bank credit to the sector fell by ₦1.92 trillion, dropping from ₦8.53 trillion in December 2024 to ₦6.61 trillion in December 2025.

SEC Bans Dangote Refinery IPO Promotions

The Securities and Exchange Commission (SEC) has banned the sale, marketing, and promotion of the Dangote Petroleum Refinery & Petrochemicals FZE IPO, warning that no application has been filed or approved for such an offering.