FG, IFC Seal Strategic Deal To Fast-Track Bankable Projects And Unlock Private Investments For Nigeria’s Growth
The Federal Government has entered into a landmark cooperation agreement with the International Finance Corporation (IFC) to accelerate the delivery of viable infrastructure projects...
Banks Shift Focus To Services Sector As Industry Credit Declines — CBN Report
Banks in Nigeria are increasingly channeling their lending activities toward the services sector, leaving the industrial sector with a shrinking share of total credit,...
FG, IFC Sign Deal To Fast-Track Bankable Infrastructure Projects And Attract Private Investment
The Federal Government has entered into a strategic cooperation agreement with the International Finance Corporation (IFC) to accelerate the development of bankable infrastructure projects...
Nigeria’s Economy Expands For 14th Straight Month As PMI Rises To 55.7 — CBN
Nigeria’s economic growth momentum continued into the new year, as the nation’s Purchasing Managers Index (PMI) rose to 55.7 points in January 2026, marking...
Naira Extends Rally, Strengthens To ₦1,371/$ As Market Liquidity Improves
The Nigerian Naira continued its upward momentum against the U.S. Dollar on Thursday, February 5, 2026, extending its winning streak in both the official...
Nigeria’s Forex Inflows Drop 18% To $48.1bn As Diaspora Remittances Fall 15.7% — CBN
Nigeria’s total foreign exchange inflow declined by 18.3 per cent year-on-year (YoY) to $48.1 billion in the first nine months of 2025, compared to...
OPay Wins Fintech/Digital Bank Of The Year 2025 Award
Digital pay platform, OPay, has been named Fintech/Digital Bank of the Year 2025. The company won the award at The Sun Awards, organised by The...
FG To Deduct N3.6tn From Federation Account Over Electricity Subsidy
The Federal Government has proposed a N3.6tn deduction from the Federation Account to fund electricity subsidies in 2026, 2027, and 2028, a move designed...
Naira Holds Steady Against Dollar As Market Maintains Calm Start To February
The Nigerian Naira continued its steady performance against the U.S. Dollar on Tuesday, February 3, 2026, maintaining a narrow trading range as investors and...
Nigeria Lost $77.7 Billion To Trade-Related Illicit Financial Flows In 10 Years — GFI Report
A new report by Global Financial Integrity (GFI), a United States-based think tank, has revealed that Nigeria lost an estimated $77.7 billion to trade-related...
