DMO allots N1.56trn as FGN bond demand hits N1.73trn
The Debt Management Office (DMO) allotted N1.56 trillion in Federal Government bonds on Monday, significantly...
Finance & Economy
FAAC Jackpot: FG, States, LGs Share Record N3.007tn in July
Nigeria’s three tiers of government received a record N3.007 trillion from the Federation Account...
Nigeria’s external debt hits $51.9bn as Eurobonds, World Bank dominate
Nigeria’s external debt rose to $51.90 billion as of March 2026, with Eurobond investors and the...
CBN FX sales surge 1,518% to $953m in March
The Central Bank of Nigeria (CBN) sharply increased foreign exchange sales in March 2026, recording...
CBN eases liquidity rules, allows banks longer-term funding
The Central Bank of Nigeria (CBN) has relaxed restrictions on access to its Discount Window,...
NPS processes N1.4trn as Nigeria begins payments system upgrade
Nigeria’s new National Payment Stack (NPS) has processed 26.55 million transactions valued at N1.4 trillion...
Subsidy could have cost N53trn, pushed naira to N3,500/$-NRS
Nigeria’s fuel subsidy could have ballooned to about N53 trillion, and the naira weakened to...
FG plans unified crypto rules as NRS targets up to 30% tax
The Federal Government is moving to introduce a unified regulatory framework for Nigeria’s cryptocurrency...
CBN cuts staff costs N193bn as expenses hit N2.6trn
The Central Bank of Nigeria (CBN) cut its personnel expenses by N193.14 billion in 2025...
Nigeria’s external debt service falls 31.5% to $954m in Q1
Nigeria’s external debt service fell by 31.5 per cent to $954.06 million in the...
