Moody’s Upgrades Nigeria’s Credit Rating but Warns of Risks from Oil Prices, Inflation
Moody’s Ratings has upgraded Nigeria’s long-term foreign and local currency issuer ratings from Caa1 to B3, citing reforms by the...
Fuel Marketers Form Alliances as Price War Between Dangote and NNPC Drives Petrol Costs Down
Nigerian fuel marketers are forging strategic partnerships aimed at reducing losses, ensuring business sustainability, and maintaining steady fuel distribution across...
Experts Laud ISA 2025, but Judicial Delays Threaten Its Full Implementation
While the Investments and Securities Act (ISA) 2025 is being hailed as a landmark reform for Nigeria’s capital market, its...
FG Injects N165bn into Gas Infrastructure with 10 Equity Deals Under MDGIF
The Federal Government has signed separate investment agreements with 10 midstream oil and gas companies, unlocking over N165 billion in...
Asian Markets Slip as US-China Trade Tensions Escalate; Gold and Oil Rise
Asian shares retreated sharply on Monday, tracking a broader market pullback as trade tensions between the US and China escalated....
Oil Prices Rebound as OPEC+ Sticks to Modest Output Hike for July
Oil prices surged more than $1 a barrel in early Monday trading following OPEC+’s decision to maintain a modest production...
Manufacturers Count N1.62 Trillion FX Loss, Call for Legal Backing of ‘Nigeria First Policy’
The Manufacturers Association of Nigeria (MAN) has raised alarm over the soaring cost of imported raw materials and severe foreign...
Nigeria’s Currency in Circulation Hits N5.015 Trillion in April 2025
Nigeria’s currency in circulation (CIC) climbed to N5.015 trillion in April 2025, according to the latest figures released by the...
Another Milestone Achieved: FirstBank Disburses N1 Billion in One Day Through Agent Credit Scheme
FirstBank Breaks New Ground in Digital Lending In a groundbreaking achievement, FirstBank of Nigeria has disbursed N1 billion in one...
Nigeria’s External Debt Servicing Hits $2.01bn in First Four Months of 2025
Nigeria has spent a staggering $2.01 billion on servicing its external debt between January and April 2025, marking a significant...
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