NAF’s three M-346 fighter jets for December delivery
NIGERIAN Air Force (NAF) has completed the factory acceptance test for three M-346 fighter jets in Italy, with delivery expected…
FG begins N70bn debt payment to petrol marketers
… As crude prices crash to $88 per barrel Federal Government has commenced the payment of outstanding debts estimated at…
CIBN, ACAMB urge banks to deepen financial inclusion
The Chartered Institute of Bankers of Nigeria (CIBN) and the Association of Corporate Communication and Marketing Professionals in Banks (ACAMB)…
FG to generate N353 bn as signature bonus from oil block winners
The Federal Government could generate about N353 billion from signature bonuses payable by successful bidders in the 2025 oil block…
Nigeria’s petrol consumption drops 15.7% to 4.2bn litres amid high cost
Nigeria’s total petrol consumption dropped from 5.07 billion litres in Q1 to 4.27 billion litres in Q2 2026, representing a…
Banks channel N3.78 trn surplus cash into govt. securities as CBN holds rate
The Central Bank of Nigeria (CBN)’s rate hold and a sizeable cash surplus in the banking system lifted demand for…
‘AfCFTA Bill will promote transparency, predictability for businesses’
The African Continental Free Trade Area (AfCFTA) Bill will promote transparency and predictability for investors and businesses, and strengthen Nigeria’s…
NAICOM recapitalistion
Over 70% of insurers meet requirement ahead of July 31 deadline More than 70% of insurance companies in Nigeria have…
China’s capital inflows to Nigeria fall 41% amid $20bn pledge
Capital inflows from China into Nigeria fell by 40.9 per cent in the first quarter of 2026 despite the Federal…
Cash outside Nigerian banks drops by N486 billion to seven-month low
Cash held outside Nigeria’s banking system has declined to its lowest level in seven months in June 2026, reflecting a…