FAAC Revenue Soars 33 Percent To ₦4.5trn, Delivering Bigger June Payouts To FG, States...
FAAC shared ₦2.55 trillion among the Federal Government, states and local governments after gross federation revenue surged 32.6 percent to ₦4.5 trillion in...
Nigerian Stock Market Extends Rally as First Holdco Surge Lifts Investors’ Wealth by ₦390bn
Investor wealth rose by ₦390 billion as market capitalisation climbed to ₦156.239 trillion despite a slight dip in the benchmark index.
First Holdco...
Nigeria’s Inflation Slows to 15.91% in June as Food Prices Keep Pressure on Household...
Headline inflation eased marginally to 15.91 percent in June from 15.93 percent in May, while monthly inflation slowed to 1.66 percent
Food inflation...
Inside ₦5.3trn Dispute Between CBN, And FG As Fresh Allegations Emerges
OAGF says CBN is yet to remit ₦5.3 trillion in operating surplus.
Lawmakers demand answers over unpaid government revenues.
The dispute puts Nigeria’s...
CBN Targets ₦600bn In Treasury Bills Auction As Investors Eye High-Yield One-Year Bills
The Central Bank of Nigeria (CBN) is seeking to raise ₦600 billion at today's Treasury Bills auction, with the one-year instrument expected to...
Marketers Reject Dangote’s Dollar Fuel Pricing, Warn Of FX Pressure And Higher Pump Prices
Independent petroleum marketers have rejected Dangote Refinery's decision to price fuel in US dollars, warning that the move could increase foreign exchange pressure...
Nigeria, Ghana, Ivory Coast Move To Outsmart Global Chocolate Cartel With New Cocoa Export...
Nigeria, Ghana, and Côte d'Ivoire are forming a historic alliance to stop exporting cheap raw beans and take control of their own supply.
...
FG Reviews Chinese Firm’s 10,000-Home Proposal To Boost Nigeria’s Affordable Housing Drive
The Federal Government has begun reviewing a proposal by China Hyway Group to deliver 10,000 homes across Nigeria within 30 months using prefabricated...
GTBank Tops Global Banking Rankings, Emerges Best-Performing Bank
GTBank has emerged as Nigeria's Best Overall Performing Bank in The Banker's Top 1000 World Banks Rankings 2026, securing top positions in overall...
Nigerian Stock Market Rebounds as First Holdco Rally Lifts Investors’ Wealth by ₦720 Billion
The Nigerian stock market recovered ₦720 billion in investor wealth on Tuesday as bargain hunting returned after Monday’s broad sell-off, pushing market capitalisation...