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Banks, fintechs and insurers are now the biggest source of dollar demand, underscoring how Nigeria's FX market is being reshaped by a deeper financial system.
Lower intervention reflects a calmer currency market and record reserves, but analysts caution it may also signal compressed import demand rather than a self-sustaining market.
The Agriculture Ministry and NEPC convene stakeholders to advance strategies for lifting Nigeria's cocoa and coffee output, quality and export earnings.
The Egg Sellers and Distributors Association of Nigeria unveils EggHome to link egg producers directly with consumers and ease recurring market gluts.
The Federal Government's WHEAT-NESS programme targets value chain development, MSME support and a dedicated fund as annual wheat consumption and imports hit six to seven million metric tonnes.
US consumer prices rose 3.7 per cent year on year in September, above expectations, jolting global markets and lifting bets that the Federal Reserve may raise rates.
The IMF used its fiscal monitor briefing to warn against restoring broad fuel subsidies. This analysis examines the fiscal arithmetic, the politics and the realistic path for Nigeria.
Cascador and Sterling Bank have launched a $200 million SME Credit Backstop Fund designed to unlock credit for startups and small businesses that struggle to borrow.
Standard Bank Group has signed a subscription agreement to invest in OPay, expected to close around the fintech's planned New York listing, subject to the offering and regulatory approvals.
The International Monetary Fund has said Nigeria's bank recapitalisation is necessary but not sufficient, urging stronger supervision, better buffers and timely recognition of non-performing loans.
The Nigerian Exchange closed higher on Wednesday as late buying in banking and selected industrial counters lifted market value by N103.90 billion, ending two sessions of declines.
Federal interest payments consumed 124.2% of federal revenue in the first half of 2026, a stark illustration of how debt service is squeezing out investment.
Nigerians are receiving alerts warning their phones could be disconnected after 30 days under the NCC's new Device Management System for type-approved devices.
Multi-Trex Integrated Foods shares have risen 17.95% since the NGX lifted an eight-year trading suspension, even as the cocoa processor remains loss-making.
The CPPE says NNPC's temporary petrol discount is a pragmatic response to a global energy shock, not a return to the subsidy regime it rejects.
Communities hosting the Eastern Gas Pipeline Network gave PINL and NNPCL two weeks to settle three months of unpaid surveillance payments and address grievances.
Domestic airlines could lose over N6.6 billion from the planned 25-day closure of Owerri's Sam Mbakwe airport for runway rehabilitation, affecting 55,000 passengers.
A study by BII and Swedfund found a $209 billion financing gap for Black-owned businesses across five African economies, with Nigeria accounting for $131 billion.
OPay's US listing filing shows lending generated 50.6% of revenue in the first half of 2026, overtaking payments, as profit reached $90.9 million.
Liberia's central bank has turned to NAICOM for guidance on supervision, after Nigeria's recapitalisation raised about N720 billion and strengthened 50 insurers.
Just 245,315 of Nigeria's roughly 84.9 million informal workers are enrolled in a pension plan, exposing a vast retirement savings gap, PenCom data shows.
PenCom has automated penalties for employers that delay pension remittances, after cumulative recoveries from defaulters reached N36.6 billion.
Nigeria-founded fintech Yellow Card has launched in Canada weeks after closing a $40 million funding round, as it pivots from consumer crypto trading to business-to-business stablecoin payments across emerging markets.
Foreign capital importation into Nigeria rose by more than 83 percent year-on-year in the first quarter of 2026, led by portfolio investments as global investors returned to the country's money and bond markets.