Naira slips to N1,329.86 as FX turnover plunges 66%
The naira weakened marginally against the US dollar on Wednesday even as activity in Nigeria’s...
Finance & Economy
Food inflation falls to 19.57% after six months of increases
Nigeria’s food inflation rate fell to 19.57 per cent in August 2026, marking its...
FG taps N1trn as 2038 bond becomes key borrowing instrument
The Federal Government will return to the domestic debt market on Monday with a...
FG begins ₦18bn Nigeria Airways severance settlement after 20 years
The Federal Government has begun the payment of ₦18 billion in outstanding severance benefits...
Manufactured imports hit ₦17.99trn as factory credit shrinks
Nigeria’s import dependence deepened in the first half of 2026 as spending on manufactured...
Nigeria’s FX demand hits six-year high at $50.93bn
Nigeria’s foreign exchange utilisation surged 91.1 per cent to $50.93 billion in 2025, its highest...
How ₦930bn liquidity drain fails to lift short-term rates
A ₦930 billion withdrawal from Nigeria’s banking system liquidity has so far failed to trigger a...
Nigeria’s trade surplus jumps to N12.6trn as exports surge
Nigeria’s merchandise trade surplus more than doubled to N12.60 trillion in the second quarter of 2026,...
Nigeria’s economic recovery broadens as CBN Composite PMI climbs to 52.7
Nigeria’s economic activity strengthened for a third consecutive month in August 2026, with the...
CBN drains N4.72trn in 48 hours as investors chase 19.9% OMO yields
Nigeria’s money market saw another aggressive liquidity squeeze as the Central Bank of Nigeria (CBN)...
