The NGX All-Share Index fell from 250,667.86 on 5 October to 247,313.94 on 19 October, taking market value to ₦160.58 trillion, as the Dangote refinery listing looms.
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Nigerian Economy
- EconomyEnergyGovernment PolicyNational BudgetOil & GasPublic Finance
Nigeria Misses Oil Revenue Target by Over 63% Despite Higher Crude
The Federal Government earned far less than expected from crude oil in the first half of 2025, even though crude oil production improved slightly during the period. According to the …
- BusinessEconomyIndustryManufacturingNigeriaTrade
Nigeria’s Textile Imports Jump to N814.27bn in Nine Months as Industry Revival Efforts Falter
Nigeria’s textile imports rose sharply to N814.27bn in the first nine months of 2025, raising fresh concerns over the effectiveness of the Federal Government’s repeated claims that it is reviving …
- BusinessEconomyPoliciesPrivate SectorSecurityTaxation
ACCI President Warns of Contracting Economy as Businesses
The President of the Abuja Chamber of Commerce and Industry, Chief Emeka Obegolu (SAN), has raised serious concern over Nigeria’s tough business environment, warning that the country’s economy is contracting …
- BusinessEconomyEnergyIndustryManufacturingPolicies
N9.16tn manufacturing output dampened by weak expansion
Nigeria’s manufacturing sector generated N9.16tn in nominal terms in the third quarter of 2025, but industry leaders say the growth remains too weak to support broad economic development. The latest …
- EconomyFinanceGovernanceGovernment PolicyNational AssemblyNational BudgetPolitics
Tinubu Submits 2026–2028 MTEF/FSP to House of Reps for Approval
President Bola Ahmed Tinubu has formally transmitted the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper to the House of Representatives for consideration and approval. The documents, which will …
- BankingBusinessEconomyForex TradingNewsRegulation
CBN Revokes Licences of Legacy BDC Operators Who Missed New Compliance Deadline
The Central Bank of Nigeria has confirmed that all legacy Bureau De Change operators that failed to meet the new licensing requirements by 30 November 2025 have automatically lost their …
- AgricultureBusinessEconomyFinanceINVESTMENTOil & Gas
Afrinvest Projects Nigeria’s Economy to Grow by Up to 4.5% in Q4 2025 on Stronger Spending and FX Supply
Analysts at Afrinvest have projected that Nigeria’s economy could grow between 4.3 per cent and 4.5 per cent in the fourth quarter of 2025, driven by seasonal activities, improved foreign …
- BankingBusinessDebt Management,EconomyFinanceGOVERNMENT
AMCON Says It Has Repaid N3.6tn to CBN, Plans Workforce Cut as Debt Recovery Intensifies
The Asset Management Corporation of Nigeria has revealed that it has repaid about N3.6tn to the Central Bank of Nigeria since it was created in 2010 to stabilise the financial …
- BankingCBNEconomyFinancial RegulationNewsNigeriaPolicies
CBN removes all cash-deposit limits, retains strict withdrawal ceilings
The Central Bank of Nigeria has announced major changes to the country’s cash-management rules, removing all limits on how much cash customers can deposit in banks while maintaining strict weekly …
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