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Nigeria recorded $10bn trade surplus with EU in 2025 – Envoy
The European Union (EU) Envoy to Nigeria and the Economic Community of West African States (ECOWAS), Gautier Mignot has stated…
CBN revises cash withdrawal policy ahead of 2026 implementation
The Central Bank of Nigeria (CBN) has introduced new cash withdrawal regulations set to take effect in January 2026.
According…
Africa loses $5bn annually to cross-border payment inefficiencies –…
President and Chairman of the Council of the Chartered Institute of Bankers of Nigeria (CIBN), Prof Pius Olanrewaju has said…
Fuel price drops 11.18% in one year – NBS
The National Bureau of Statistics has revealed that the average pump price of petrol dropped from ₦1,184.83 per litre in October…
Nigeria records stronger GDP growth, 3.98% expansion in Q3 2025
Nigeria’s economy expanded by 3.98 percent (year-on-year) in real terms during Q3 2025, according to data released on Monday by…
OPEC+ maintains Nigeria’s crude quota at 1.5mbpd through December 2026
The Organisation of the Petroleum Exporting Countries (OPEC) and its cuts partners, including Russia, have upheld Nigeria’s crude…
Dangote Refinery vows to deliver 50 million litres of petrol daily
'Dangote Petroleum Refinery' has outlined plans to provide the market with 50 million litres of Premium Motor Spirit (PMS)…
‘We apologise for any inconvenience,’ FIRS announces temporary…
The Federal Inland Revenue Service (FIRS) has announced a temporary shutdown of its information technology (IT) systems.…
CBN directs banks, other financial institutions to withdraw non-compliant…
The Central Bank of Nigeria (CBN) has directed banks, payment service banks (PSB), and other financial institutions (OFI) to…
Nigeria’s VAT revenue increased by 32% to N2.06trn in Q2 2025 –…
The National Bureau of Statistics (NBS) says the aggregate value added tax (VAT) stood at N2.06 trillion in the second quarter…