Nigeria’s sovereign rating upgraded to B as FG says reforms gaining traction
Abdullateef Fowewe Nigeria has welcomed a credit-rating upgrade by S&P Global Ratings on May 15, 2026, with the Federal Government...
Economy
NGX closes higher as 69 equities appreciate in one week
Nike Popoola The NGX All-Share Index and Market Capitalization appreciated by 0.71% to close the week at 244,775.83 and ₦157.094...
Nigeria Revenue Service extends Saturday operations nationwide for Rev360 rollout
Abdullateef Fowewe The Nigeria Revenue Service (NRS), the nation’s top tax authority, has announced extended Saturday operations across its Emerging,...
FG debunks ‘hidden spending’ claims, clarifies FAAC deductions
Abdullateef Fowewe Nigeria’s Federal Ministry of Finance has dismissed claims of hidden spending and diversion of federation revenue, describing recent...
FG approves import duty cuts to curb inflation
Abdullateef Fowewe The Federal Government has approved significant reductions in import duties on vehicles, food items, and raw materials to...
Edun leads Nigeria’s delegation to IMF/World Bank Spring Meetings
Abdullateef Fowewe The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is leading the country’s delegation to...
Market cap climbs to N131tn as NGX extends weekly gains
Nike Popoola The market opened for four trading days this week as the Federal Government declared Monday April 6, 2026,...
NICA Nigeria, LPCMC UK, internationalizes Nigerian credit management professionals
Nike Popoola The National Institute of Credit Administration (NICA), chartered, established by Act of Parliament No. 26 of 2022, is...
Afreximbank unveils $10bn Gulf Crisis Response Programme to support Africa, CARICOM
Nike Popoola To counter the severe economic shocks triggered by the escalating conflict in the Middle East, the Board of...
Nigeria achieves oil export milestone with first Cawthorne crude shipment to India
Abdullateef Fowewe Nigeria has launched its first-ever export of Cawthorne crude oil to India, signaling a push to diversify its...