CBN Cuts Interest Rate to 26.5% as Inflation Slows
The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate by 50 basis points to 26.5%, signalling growing confidence that inflationary pressures are easing and economic stability is
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Oil Revenue: Legal Questions Arise Over Constitutional Limits
Nigeria’s fiscal structure could be facing a significant shift after President Bola Tinubu issued an executive order directing that oil and gas revenues be paid directly into the Federation Account.
20 Million Investor Goal Depends on Fintech Partnerships — Uwaleke
Nigeria’s ambition to bring 20 million new investors into the capital market by 2026 will depend heavily on strong partnerships with fintech companies and other industry players, according to capital
Lagos Food Market February 2026: Prices Rise
February 2026 saw a patchwork of price movements across major Lagos markets, including Mushin, Daleko, Mile 12, and Oyingbo, according to a Nairametrics survey. While certain food items recorded significant
AfDB Approves $200m Loan to Transform Nigeria’s Agriculture Sector
Nigeria’s agriculture sector is set for a major financial boost after the board of the African Development Bank Group approved a $200 million loan to expand priority farming investments across
Nigeria’s foreign reserves climb to $48.5 billion, highest level since Goodluck Jonathan era
Nigeria’s foreign reserves have risen to $48.5 billion as of February 17, 2026, marking the country’s highest reserve level in more than a decade and matching figures last recorded in
FG to review MTN’s $6.2bn IHS acquisition over security, market concerns
The Federal Government has announced plans to subject the proposed $6.2 billion acquisition of IHS Holding Limited by MTN Group to a comprehensive regulatory review, citing the strategic importance of
Tinubu: Stock market rally shows investor confidence in Nigeria’s economy
President Bola Tinubu has said the sustained rally at the Nigerian Exchange Limited reflects growing investor confidence and signals improving economic health, as the Federal Government unveiled its National Industrial
MTN to acquire IHS Towers in $6.2 billion all-cash deal
MTN Group has agreed to acquire IHS Holding Ltd. in a $6.2 billion all-cash transaction, marking one of the largest telecom infrastructure deals involving an African operator in recent years.
VFD Group launches N15 billion Series 1 Commercial Paper, offers attractive short-term yields
VFD Group PLC has launched a N15 billion Series 1 (Tranche A & B) Commercial Paper issuance under its N50 billion Commercial Paper Issuance Programme, signalling its return to the
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