Consumer credit falls for first time in six years
Nigeria’s consumer credit declined for the first time in six years, falling by 19.89 per cent to N3.78tn in 2025 from N4.72tn…
Finance
2026 budget: FG earmarks ₦400bn for palaces, mosques, civic centres
Nearly N400bn was set aside in the 2026 budget by about 78 Ministries, Departments and Agencies of the Federal Government for the…
FG exceeds 2024 borrowing target by ₦4.79tn over revenue shortfall
The Federal Government exceeded its 2024 borrowing target by N4.79tn after a wider-than-projected budget deficit forced it to raise significantly more financing…
NASS commends SEC over fiscal discipline, revenue growth
The National Assembly has commended the Securities and Exchange Commission for strengthening its fiscal sustainability through improved revenue generation and prudent cost…
Tinubu to announce fresh salary increase for soldiers — Defence minister
The Minister of Defence, General Christopher Musa, retd, has said President Bola Tinubu would soon announce a new salary increase for personnel…
Naira depreciates further to ₦1,407/$ in parallel FX market
The naira depreciated to N1,407 per United States dollar in the parallel market on Monday, compared to N1,400 per dollar last Friday.…
Customs recovers ₦30bn in import duties, moves to impound 10 aircrafts
The Nigeria Customs Service has recovered more than N30bn in import duties from owners of private aircraft as it intensifies efforts to…
Women entrepreneurs repay loans better than men — Moniepoint
Women-owned businesses in Nigeria are better at repaying loans than their male counterparts, according to new data from Moniepoint. In its 2025…
Naira opens new trading week at ₦1,361/$ in official rate
The naira maintained a relatively stable position against the United States dollar across the official Nigerian Foreign Exchange Market and the parallel…
Nigerian stocks sustain bullish run on blue-chip demand, Dangote deal
The Nigerian stock market maintained a bullish run Week-on-Week on renewed demand for large-capitalised stocks, pushing the benchmark Nigerian Exchange Limited All-Share…
Global FDI hits $1.6trn in 2025 as Nigeria’s inflow drops
Global foreign direct investment rose by six per cent to $1.6 trillion in 2025, up from $1.5 trillion in 2024, although the…
DMO cuts Q3 2026 bond issuance target to ₦4.6trn
The Debt Management Office has revised its Q3 2026 FGN Bond Issuance Calendar, lowering the quarter’s indicative total planned issuance to a…