The Central Bank of Nigeria has once again held the Monetary Policy Rate at 27 per cent, marking the fourth time this year that the rate has remained unchanged. The …
Nigerian economy
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BankingBusinessEconomyFinanceInflationMonetary Policy
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AgribusinessAgricultureEconomyFood ProductionHealth
Cost of a Healthy Diet Rises Sharply to N1,611 Per Adult Daily in July 2025
The cost of maintaining a healthy diet in Nigeria continues to rise, as the National Bureau of Statistics (NBS) has reported a 27.3 percent year-on-year increase in the Cost of …
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BusinessEconomyFinanceInflationMarketsPrivate Sector
Nigerian Private Sector Expands as Inflation Slows, New Orders Hit Three-Month High
Nigeria’s private sector recorded a rise in new orders in November, reaching the highest level in three months as inflationary pressures continued to ease. This is according to the latest …
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BusinessEconomyEnergyGOVERNMENTMarketsOil & Gas
Dangote Refinery Output Falls Short as Nigeria Leans on Fuel Imports in October
Fuel supply stability slowed again in October 2025 as the Dangote Petroleum Refinery delivered an average of only 17.1 million litres of petrol per day, leaving Nigeria heavily dependent on …
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BusinessCurrencyEconomyFinanceForex TradingNigeria
Naira Strengthens as CBN Reforms Boost Investor Confidence
The naira recorded a stronger performance in the past week as it closed at N1,446.74 per dollar at the official market, showing a 0.69 per cent rise compared to the …
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British American Tobacco Nigeria (BAT Nigeria) has received praise for its strong contribution to Nigeria’s manufacturing industry, after recording more than $300 million in export earnings between 2022 and 2024. …
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BusinessEconomyFinanceINVESTMENTPensionTechnology
Leadway Pensure’s Pension Assets Rise to N1.35tn, Up 23.45% in Six Months
Pension Fund Administrator Leadway Pensure has announced a strong financial performance for the first half of 2025, with its Assets Under Management (AUM) rising to N1.35 trillion as of the …
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BusinessCapital MarketEconomyForex TradingINVESTMENTMonetary Policy
Naira hits 2025 peak at N1,421/$ as forex supply rises
The naira recorded its highest appreciation this year at the close of October, strengthening to ₦1,421.73 per dollar at the Nigerian Foreign Exchange Market, according to data released by the …
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BusinessEconomyEnergyGovernment PolicyOil & Gas
Experts Fault FG’s Proposed 15% Tariff on Fuel Imports, Warn of Rising Hardship and Monopoly in Petroleum Market
A public policy analyst, Rotimi Matthew, and several operators in Nigeria’s oil and gas sector have criticised the Federal Government’s proposed 15 per cent tariff on fuel imports, describing it …
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BusinessEconomyFinanceGOVERNMENTINVESTMENTManufacturing
MAN Applauds Nigeria’s Removal from FATF Grey List, Says Move to Boost Manufacturing Sector
The Manufacturers Association of Nigeria (MAN) has commended the removal of Nigeria from the Financial Action Task Force (FATF) grey list, describing it as a major boost for the country’s …