Business

CBN Defends Reforms as Shock Buffer Amid Inflation Spike

Cardoso says early policy tightening saved Nigeria from deeper crisis as global tensions push prices upward….. The Central Bank of…

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Nigeria Exports 55m Barrels in Two Months as Dangote Refinery Faces Crude Shortfall

Massive oil shipments continue despite local supply gaps, forcing Africa’s largest refinery to rely on costly imports…. Nigeria exported more…

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Lagos Unveils Cybersecurity Guidelines to Shield Businesses, Residents from Rising Digital Threats

New framework targets safer digital ecosystem as cybercrime costs Nigeria over $500 million annually…. The Lagos State Government has introduced…

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FG Pushes Back on ‘Missing Funds’ Claims, Defends Revenue Deductions

Finance ministry says World Bank report misread, insists fiscal reforms are strengthening transparency and boosting government revenue….. The Federal Government…

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Oil Prices Whipsaw as Iran Shuts Hormuz Again, Raising Fears of Fresh Escalation

Markets swing between conflict fears and fragile diplomacy as traders brace for a volatile week in global energy and geopolitics………

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FG Raises N3.64bn from April Savings Bonds as Investors Chase Higher Yields

Retail demand tilts sharply toward 3-year bond, highlighting growing appetite for longer-term government securities….. The Debt Management Office (DMO), acting…

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FG Taps Dormant Funds for Borrowing, Raises N100bn via Unclaimed Funds Trust

New debt data shows integration of idle private balances into public financing, sparking debate over transparency and trust….. Nigeria’s domestic…

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FG Restricts Imports from Outside ECOWAS, Targets Poultry, Cement, Medicines in New Policy

New fiscal measures tighten trade rules, introduce green tax on vehicles, and give importers 90-day transition window….. Nigeria’s federal government…

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Nigeria’s New Mini-Grid Rules Signal Major Breakthrough for Renewable Power Expansion

REA chief says updated NERC regulations will unlock faster project delivery, bigger investments, and electricity access for millions in underserved…

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Petrol Consumption Hits 4.93bn Litres in Q1 2026, But March Drop Signals Growing Price Pressure

Rising pump prices begin to reshape demand as Nigeria’s deregulated fuel market shows early signs of consumer pullback….. Nigerians consumed…

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