Nigeria’s External Reserves Hit $50.45bn, Highest in 13 Years – CBN
By Elizabeth Ugbo Nigeria’s gross external reserves climbed to $50.45 billion on February 16, 2026, according to the Governor of…
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Naira Holds Firm at 1,344/$ as External Reserves Hit $47.81bn
By Elizabeth Ugbo The Nigerian Naira traded steadily against the US Dollar on Tuesday, February 24, 2026, in the Nigerian…
Nigeria Launches Largest Agricultural Mechanisation Programme for Smallholder Farmers
By Elizabeth Ugbo The Bank of Agriculture (BOA) recently launched 2,000 tractors under the Pay-As-You-Service (PAYS) scheme in Kwali Area…
Naira to Dollar Exchange Rate February 18 2026: Official and Parallel Market Updates
By Elizabeth ugbo Official Market Performance (NAFEM) On Wednesday, February 18, 2026, in Nigeria, the Naira traded against the United…
CBN Lending Rates Hit 60% as Banks Tighten Credit to Key Sectors
By Elizabeth Ugbo Manufacturers and agricultural operators in Nigeria are now paying lending rates of up to 60 per cent,…
No Power, No Growth: Dangote Urges Urgent Action on Nigeria’s Electricity Crisis
By Elizabeth Ugbo The President of Dangote Industries Limited, Aliko Dangote, on Tuesday called on the Federal Government of Nigeria…
MTN Group Acquires IHS Towers in $6.2 Billion Deal
By Elizabeth Ugbo MTN Group Ltd., Africa’s largest mobile operator, has agreed to acquire IHS Holding Ltd., a leading telecommunications…
Naira Holds Steady at 1,354/$ in Official Market as CBN Sustains Liquidity Control
By Elizabeth Ugbo The Nigerian Naira traded steadily against the United States Dollar on Tuesday morning, February 17, 2026, in…
Dangote Signs $400m Equipment Deal to Fast-Track Refinery Expansion
By Elizabeth Ugbo Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd. in…
NNPC Reports N60.5 Trillion Revenue, N5.76 Trillion Profit in 2025
By Elizabeth Ugbo The Nigerian National Petroleum Company Limited (NNPC) disclosed on Thursday, February 13, 2026, that it generated N60.5…