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Demand surges as Nigeria’s March bond auction oversubscribes
Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
April 1, 2026
News
Nigeria’s oil exploration plunges 45 percent in February
Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.
April 1, 2026
News
CBN Bans Cash Payout for Travel Allowances
The Central Bank of Nigeria (CBN) has announced a new policy that prohibits authorized...
February 16, 2024
News
Nigeria’s Naira Plummets to All-Time Low Against Dollar
Nigeria’s currency, the naira, has fallen to a record low of 1,534.39 per dollar...
February 13, 2024
News
Naira Plummets to Record Low, Senate Summons CBN Governor
The Nigerian currency, the naira, has hit a new low against the US dollar...
February 1, 2024
News
Nigeria’s Naira Plummets as FX Market Faces Crisis
Nigeria's currency, the naira, has hit a new low against the US dollar in...
January 30, 2024
News
Naira Surges as Nigeria’s Central Bank Unifies Exchange Rates
Nigeria's naira soared by more than 27 percent against the US dollar on Monday,...
December 12, 2023
Business
Nigeria’s New Central Bank Chief Promises to Tame Inflation and Stabilise Naira
Nigeria’s newly appointed central bank governor, Olayemi Cardoso, has vowed to curb the soaring...
November 26, 2023
Business
Nigeria’s inflation crisis: How to survive the soaring prices
Nigeria, Africa’s largest economy, is facing a severe inflation crisis that is eroding the...
November 14, 2023
News
Nigeria Hikes Import Duty Rates Amid Economic Crisis
Nigeria, Africa’s largest economy, is facing a severe economic crisis as the government struggles...
November 10, 2023
News
Naira Plummets to Record Low as Dollar Supply Shrinks Markets
The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...
October 31, 2023
Business
Naira Strengthens Against Dollar as P2P Market Booms
The Nigerian currency, the naira, has appreciated against the US dollar in the peer-to-peer...
October 27, 2023
News
Mezovest CEO Urges Nigerian Government to Price Local Gas in Naira, Not Dollars
Mr. Tosin Thompson, the CEO of Mezovest, has made a plea to the Federal...
October 24, 2023
News
Naira Plummets as Nigeria’s Forex Reserves Hit 18-Month Low
The Nigerian naira has continued to lose value against the US dollar, as the...
October 23, 2023
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News
Demand surges as Nigeria’s March bond auction oversubscribes
Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
April 1, 2026
News
Nigeria’s oil exploration plunges 45 percent in February
Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.
April 1, 2026
News
Nigeria brings home 1,230 citizens stranded in Niger
Nigeria's Federal Government brought home 1,230 stranded citizens from Niger in March 2026, completing the evacuation in two airlifts.
April 1, 2026
News
OO Poly Aba launches EdTech and anti-drug drive
Ogbonnaya Onu Polytechnic Aba plans to introduce Educational Technology courses and partner with the National Drug Law Enforcement Agency to curb student substance abuse, Rector Christopher Okoro Kalu announced this week.
April 1, 2026