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Nigerian Treasury Bills Yield Climbs Above Inflation

Nigerian Treasury bills yield climbs above inflation as investors position for a major auction and markets anticipate softer monetary policy.

Naira Weakens as Dollar Demand Pressures Persist

The naira weakened at the official market as dollar demand surged, prompting fresh calls for deeper intervention from the Central Bank.

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Tinubu’s 15% Fuel Tariff Sparks Public Outcry

The 15 percent fuel import tariff sparks nationwide concern as Nigerians brace for possible fuel price hikes and renewed inflation pressure.

NELFUND Disburses ₦116bn After One Million Loan Applications

NELFUND disburses ₦116 billion after one million loan applications, marking a milestone in Nigeria’s higher-education access and reform drive.

Nigeria’s Weather Agency Warns of Dust Haze, Thunderstorms

NiMet warns of dust haze and thunderstorms across Nigeria, urging citizens to prepare as the dry season intensifies.

Dangote Refinery Boosts Petrol, Diesel Production Ahead of Festive Season

Dangote Refinery’s output exceeds demand, ensuring steady fuel supply and stable prices across Nigeria through Christmas and New Year.

Abdul Samad Rabiu Builds ₦350 Million Lecture Theatre for Adamawa State University

Abdul Samad Rabiu donates a ₦350 million lecture theatre to Adamawa State University, expanding his education support in Nigeria.

Court Ruling Triggers New War in PDP Over 2027 Election Plans

PDP factions clash after court halts convention, deepening divisions as rival groups suspend leaders ahead of 2027 elections.

First HoldCo Reports $1.7 Billion in Gross Earnings Under Otedola’s Leadership

First HoldCo, led by Femi Otedola, reports $1.7 billion in nine-month earnings as reforms strengthen assets and equity.

Nigeria Recovers 90 Mining Sites, Generates N28 Billion in 2024

Nigeria recovered 90 mining sites and generated N28 billion in 2024, signalling a stronger policy focus on mining sector revenue and reform

Delta Air Lines Launches Atlanta–Marrakech Route Expansion

Delta Air Lines opens a nonstop Atlanta–Marrakech route, expanding US–Africa connectivity and boosting tourism and trade between Morocco and the United States.

Nigeria Secures $500 Million for Solar Manufacturing

Nigeria secures $500 million to boost solar manufacturing, aiming to expand renewable capacity and export locally made panels across Africa

Fuel Tax Won’t Begin Until Naira Strengthens or Oil Price Falls — Oyedele

Oyedele says Nigeria will delay 5% fuel surcharge until naira appreciates or oil prices drop to avoid price hikes.

Military Arrests 15 More Officers Over Alleged Coup Plot in Nigeria

Nigeria’s military detains 15 more officers over an alleged coup plot, with investigators linking funds to a former governor and minister.

Latest articles

Nigerian Treasury Bills Yield Climbs Above Inflation

Nigerian Treasury bills yield climbs above inflation as investors position for a major auction and markets anticipate softer monetary policy.

Naira Weakens as Dollar Demand Pressures Persist

The naira weakened at the official market as dollar demand surged, prompting fresh calls for deeper intervention from the Central Bank.

Nigerian Bonds Yield Drops as Inflation Slows

Nigerian bonds yield dropped to 15.46 percent as disinflation encourages investor demand, with real interest rates rising and long-term debt instruments attracting strong interest.

Unity Bank MD Urges Youths to Embrace Savings Culture

Unity Bank MD urges young Nigerians to embrace a savings culture, stressing financial literacy, early money management, and long-term resilience for economic independence.