Economy
Naira hits record ₦1,401.22/$ since EFEMS
The naira on Tuesday strengthened to a record high of ₦1,401.22 per dollar at the official foreign exchange (FX) market, marking its strongest ...
Economy
Nigeria Raises ₦1.54 Trillion in Oversubscribed January Bond Sale
The Debt Management Office (DMO) kicked off its 2026 domestic borrowing on a strong note, raising ₦1.54 trillion at the January FGN Bond ...
Economy
Inflation slows to 21.88% in July even as food prices climb
Headline inflation eased for a fourth straight month in July to 21.88% from 22.22% in June following an update to the CPI basket ...
Economy
Nigeria approves plan to refinance ₦4tn power-sector debt
The federal government has approved the refinancing of approximately ₦4 trillion in power-sector debts owed to 27 generation companies for unpaid invoices dating ...
Economy
Central Bank holds key rate at 27.5%, signals tight stance
The Central Bank of Nigeria left the Monetary Policy Rate unchanged at 27.5%, citing the need to consolidate disinflation and guard against emerging ...
