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Wednesday, September 16, 2026
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CATEGORY

Economy

Breaking: Inflation Rate Falls To 15.39% In August – NBS

Headline inflation rate fell by 0.04 percent to 15.39 percent in August from 15.43 percent in July 2026. The National Bureau of Statistics, NBS, disclosed...

FG Raises N729bn Bond To Settle GenCos’ Debts

The Federal Government has raised N728.979bn through the second issuance under its N4tn Power Sector Multi-Instrument Issuance Programme, bringing the value of bonds issued...

10 Benefits of The Dangote Refinery to Nigeria’s Economy

The 700,000 barrels per day (bpd) Dangote Petroleum Refinery and Petrochemicals (DPRP) complex, built by Africa’s richest man, Aliko Dangote has put Nigeria on...

Nigeria’s Local Bonds Join $328 Billion JPMorgan Frontier Index With 7.4% Weight

Nigeria has been assigned a 7.4% weight in JPMorgan Chase & Co.’s new GBI-EM Edge index, offering the country a fresh route back into...

FG Targets N1trn In 2 Sept Bonds Offer

The Debt Management Office (DMO), on behalf of the Federal Government, has announced an offer of two FGN bonds valued at one trillion Naira...

Weekly Review: Transactions On NGX Down 47.4%

Trading activity on the Nigerian Exchange Ltd. this week hit 3.647 billion shares worth N130.151 billion across 244,777 deals. This was against 4.360 billion shares...

China Supplies 39% of Nigeria’s N28tn Imports

Nigeria imported goods worth N11.01 trillion from China in the first half of 2026, accounting for nearly 40 per cent of the country’s total...

Record ₦6.31 Trillion Demand Drives Massive Oversubscription at CBN OMO Auction

The Central Bank of Nigeria (CBN) and the Debt Management Office (DMO) recorded overwhelming investor demand across primary debt auctions, taking advantage of elevated...

[UPDATED] FULL LIST: 40 Approved Channels To Buy Dangote Refinery IPO

Dangote Petroleum Refinery and Petrochemicals FZE has approved 40 banks, fintechs, mobile operators and other platforms through which investors can subscribe for its shares...

NMDPRA, NIS, Applaud NNPC’s Smart Station, Self-service Facility

Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigeria Immigration Service (NIS) have commended the NNPC Retail Ltd. for introducing a smart...

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