Business
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CBN withdraws N6.62tn from system through September OMO operations
The Central Bank of Nigeria sold about N17.51 trillion worth of Open Market Operations bills in September 2026, while N10.89…
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Free Zone Customs Command generates N557bn in eight months
The Free Zone Command of the Nigeria Customs Service generated N557.02 billion in revenue between January and August 2026, reflecting…
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Customs deploys simplified baggage declaration system at Seme
The Nigeria Customs Service has introduced a Simplified Baggage Import Declaration System at the Seme Area Command as part of…
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NASRDA says procurement of six new satellites 95% complete
The National Space Research and Development Agency says the procurement of six new satellites approved by the Federal Government is…
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NNPC records N11.2tn Federation claims for oil and gas security costs
The Nigerian National Petroleum Company Limited recorded N11.2tn in claims against the Federation in 2025 for costs and advances incurred…
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Ekiti rolls out CNG buses to cut transport fares by 50%
Oyebanji says 15-bus pilot scheme will expand as state targets cheaper interstate travel….. The Ekiti State Government has launched a…
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States collect N113.94bn from road taxes in three years
Lagos accounts for N33.61bn as road tax revenue rebounds to N49.88bn in 2025….. Nigeria’s 36 states generated a combined N113.94…
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Nigeria’s free trade zones attract over $200bn investment, create 600,000 jobs
Federal Government moves to introduce digital economic zones and tighten rules on domestic sales….. The Federal Government says Nigeria’s free…
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Naira strengthens to N1,767 per pound as currency holds gains
Stronger reserves, oil inflows and local demand for naira assets support currency despite lower policy rate….. The naira has extended…
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NERC says electricity subsidy obligation fell to N679.58bn in first half of 2026
Seven DisCos recorded full remittance to NBET in second quarter as government subsidy obligation dropped by 35.27%…… The federal government’s…
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