CBN: Nigeria’s Foreign Reserves Hit $41 Billion, Highest in 44 Months
Nigeria’s foreign exchange reserves surged to $41 billion on August 19, 2025, their highest level in 44 months, according to...
FG Plans to Offset ₦2.7tn Gas Debt Using Royalty Credits
The Federal Government has unveiled plans to clear ₦2.7 trillion owed to gas companies by offsetting the debt with royalty...
UK Investors Dominate Nigeria’s Capital Inflows in Q1 2025 with $3.68bn
United Kingdom-based investors supplied the majority of Nigeria’s foreign capital in the first quarter of 2025, contributing $3.68 billion—over 65%...
NESG Flags Infrastructure Deficits as Major Barrier to Nigeria’s Economic Growth
The Nigerian Economic Summit Group (NESG) has warned that the country’s persistent infrastructure deficits are a significant obstacle to economic...
DMO Offers ₦200bn Savings Bonds, Introduces New 5-Year FGN Bond
The Debt Management Office (DMO) has announced an offering of ₦200 billion in Federal Government savings bonds, according to a...
NUPRC Completes Review of Marginal Oil Field Licences, Awaits Minister’s Approval
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has concluded a case-by-case review of marginal oil field licences due for renewal,...
FG Orders NIMASA to Begin Disbursement of CVFF to Indigenous Shipowners
The Federal Government has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence disbursement of the Cabotage Vessel...
RMAFC Begins Review of Political Office Holders’ Salaries Amid Criticism
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has commenced a review of remuneration packages for political, public, and judicial...
NNPCL Posts N185bn Profit in July, Remits N7.9tr to Federation Account
The Nigerian National Petroleum Company Limited (NNPCL) has announced a profit after tax of ₦185 billion for July 2025, marking...
FG Offers ₦200bn in August 2025 FGN Bonds, Allots ₦185.9bn in July Auction
The Federal Government of Nigeria (FGN) has announced the offering of ₦200 billion in FGN bonds for subscription by auction...
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