Business

FG Reforms Showing Early Gains Despite Fiscal Strain, Budget Office Director Assures Nigerians

Yusuf Kurawa urges patience amid economic pressures, defends government borrowing, and expresses confidence in Nigeria’s fiscal direction….. Nigeria’s fiscal challenges…

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Tinubu Commissions ₦73bn Customs Complex in Ogun, Signals Boost for Trade and Enforcement Capacity

New facility in Iperu set to ease congestion, strengthen operations, and support Nigeria’s expanding trade infrastructure…… President Bola Tinubu on…

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Confusion Over May Crude Supply as Dangote Refinery Disputes ‘Seven Cargoes’ Claim

Refinery insiders say allocations remain below capacity needs, even as talks with NNPC continue amid rising global oil pressures…. Fresh…

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April Liquidity Surge: ₦8.84 Trillion Set to Hit Nigeria’s Financial System Despite Cooling From March Peak

A wave of maturing OMO bills and government disbursements will keep cash levels high, raising fresh questions about how the…

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Nigeria Urges Urgent Action on $88 Billion Annual Illicit Financial Flows Draining Africa’s Economy

Finance Minister Olawale Edun calls for bold tax reforms and continental cooperation to curb illicit outflows and boost domestic resources…..…

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CBN Orders Banks to Submit Cybersecurity Reports Within Weeks Amid Rising Digital Threats

New self-assessment tool targets risk gaps across banks, fintechs, and microfinance institutions as regulator tightens oversight….. Nigeria’s financial sector is…

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FGN Bond Auction Draws Strong Demand as Investors Bid N931bn for March Offer

Oversubscription hits 4.28% as appetite grows for long-term government debt, with 2033 bond leading demand….. Nigeria’s sovereign debt market recorded…

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Military Destroys 101 Illegal Refineries, Arrests 219 Oil Theft Suspects in Q1 2026

Defence Headquarters says intensified Niger Delta operations recovered over 547,000 litres of stolen petroleum products……. Nigeria’s military has ramped up…

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Nigerian Crude Soars Nearly 60% in March, Briefly Nears $120 Amid Hormuz Crisis

Supply disruptions and geopolitical tensions drive sharp rally, but production shortfalls and volatility cloud Nigeria’s oil outlook….. Nigeria’s crude oil…

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National Assembly Approves Tinubu’s $6 Billion Foreign Loan Plan for Infrastructure and Debt Relief

Funding package from UAE and UK targets port upgrades, budget support, and refinancing of costly debts….. Nigeria’s parliament has given…

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