Economy
Nigeria’s Net FX Reserves Jump to $34.8 Billion at End-2025
Nigeria’s net foreign exchange reserves surged to $34.80 billion at the end of 2025, reflecting a significant improvement in the...
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FGN Launches March 2026 Savings Bond with Yields Up to 13.91%
The Federal Government of Nigeria (FGN) has announced its March 2026 Savings Bond, offering retail investors interest rates of up...
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PenCom Launches Digital Overhaul of Retirement Process for Federal Employees
The National Pension Commission (PenCom) has officially rolled out a comprehensive digital transformation of Nigeria’s retirement process for federal employees,...
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Nigeria’s Public Debt Climbs Despite Improving Economic Indicators
Economic watchers have highlighted a growing concern: Nigeria’s improving macroeconomic indicators are being tempered by a steadily rising public debt...
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Nigeria Signs Landmark $1.3 Billion Mining Deal with African Finance Corporation
The Federal Government of Nigeria and the African Finance Corporation (AFC) have signed a historic Memorandum of Understanding (MoU) to...
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FG Inaugurates CREDICORP Board, Targets 50% Consumer Credit Access by 2030
Vice President Kashim Shettima has inaugurated the Board of the Nigerian Consumer Credit Corporation (CREDICORP), describing access to consumer credit...
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Kogi Secures Licence for Ajaokuta Economic City Free Trade Zone
Nigeria’s push to revive industrial activities around the Ajaokuta axis gained fresh momentum on Thursday as Kogi State secured the...
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Nine Million Poorest Households Got Cash Transfers Under IDA-Backed Reforms — FG
About nine million of Nigeria’s poorest households received direct cash transfers under reforms supported by the International Development Association, the...
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Seplat Energy Reports 144% Revenue Growth, Declares $150 Million Dividend for 2025
Seplat Energy Plc released its 2025 full-year results on both the Nigerian Stock Exchange and the London Stock Exchange, reporting...
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NSIA Grows Assets to $3 Billion in 13 Years, Supports Key Infrastructure and Healthcare Projects
The Nigeria Sovereign Investment Authority (NSIA) has grown its assets from an initial $1 billion seed capital to over $3...
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