Banks Channel Surplus Funds to CBN as Liquidity Pressures Deepen in Interbank Market
Liquidity pressures intensified in Nigeria’s interbank market last week as commercial banks continued to channel surplus funds to the Central ...
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Tag: #Nigerianeconomy
FG Extends Probe into NNPC, Revenue Agencies’ Remittances to December 2025
The Federal Government, through the Federation Account Allocation Committee (FAAC), has extended the ongoing probe and reconciliation of payments made ...
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Dangote Refinery Challenges Marketers to Bring Trucks for Loading Amid Petrol Price Hike
As petrol prices continued to rise over the weekend, the Dangote Refinery has challenged fuel marketers to bring their trucks ...
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PenCom: Over 844,000 Retirees Enjoy Steady, Transparent Benefits Under Contributory Pension Scheme
The National Pension Commission (PenCom) has revealed that more than 844,000 retirees across Nigeria’s public and private sectors currently enjoy ...
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Nigeria’s Prime Lending Rate Rises to 18.88% in August Despite MPR Reduction
The average prime lending rate in Nigeria’s banking sector rose to 18.88 per cent in August 2025, up from 18.54 ...
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NUPRC Remits N6.215 Trillion to Federation Account in Nine Months
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that it remitted a total of N6.215 trillion to the Federation ...
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Foreign Operators Dominating Nigeria’s Booming Non-Oil Export Sector
Amid the rapid expansion of Nigeria’s non-oil export sector, there are growing indications that local operators are losing out to ...
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Oyedele: 98% of Nigerian Workers Exempted from PAYE Under New Tax Law
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has revealed that between 97 and 98 ...
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Nigeria’s Manufacturing Sector Loses Investor Appeal with 87% Capital Inflow Gap
Nigeria’s manufacturing sector is facing dwindling foreign investor interest, with a staggering 87 per cent gap between capital inflows into ...
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Finance Minister Edun: Stable Financial System Key to Nigeria’s $1 Trillion Economy Target
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reiterated the importance of a trusted and ...
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