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The official NFEM rate moved only N1.5 against the naira, but the parallel-market rate weakened by N4 from the previous weekend and the...

A sustained run in financial-sector stocks lifted the value of the Nigerian Exchange to a record N164 trillion at the end of September, capping one of the strongest equity rallies in years.

The Nigerian Upstream Petroleum Regulatory Commission has given affected operators until October 31, 2026, to disclose their ...

The World Energy Council Nigeria says the country has 44 critical mineral types, but attracting serious private capital will depend on ...

More Money Was Collected, But the Gap Remains The ₦205.53 billion collected in July represents a 7.12 per cent increase from ...

The second issuance would complete the first phase of a programme designed to restore liquidity and confidence among electricity generators.

The offshore programme is expected to add about 40,000 barrels a day and marks a return to drilling by the Exxon affiliate after a decade.

At least 30 percent of the sovereign-guaranteed funding is expected to support Nigerian small and medium-sized enterprises.

Customer deposits expanded and the capital ratio remained strong, but the 2025 accounts showed that balance-sheet growth did not produce higher gross revenue.

The discount applies to outstanding statutory fees owed to aviation agencies and is intended to steady carriers facing a sharp rise in Jet A1 prices.

Gross premium written rose 47.3 percent in 2025, while low retention in specialist risks showed why the industry's new capital rules matter.

The Federal High Court dismissed the airline's attempt to block summons issued after passenger complaints about cancelled flights and unpaid refunds.

The consumer regulator said its lending rules target opaque charges and aggressive recovery practices, not lawful telecom credit products.

The transaction lifted eligible capital above the N500 billion minimum for an international commercial-bank licence, subject to final approvals.

The six-year programme targets one million smallholders and aims to mobilise another $220 million from agribusinesses.

Six university-led clusters will study connectivity, public infrastructure, skills, jobs, online safety and artificial intelligence under Project BRIDGE.

The two-year exercise lifted paid-up capital across the banking system, with the regulator saying every affected lender chose a route to compliance.

The sharp month-on-month rebound strengthened state revenue, but comparisons with December require care because deductions and the timing of collections can move between periods.