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The Central Bank of Nigeria (CBN) has approved the full repatriation of export proceeds by International Oil Companies (IOCs), allowing them to access 100% of their foreign exchange earnings through authorised dealer banks. The directive was contained in a circular…
Read moreThe Nigerian Electricity Regulatory Commission (NERC) has inaugurated a new forum aimed at enhancing coordination and effectiveness in electricity regulation across Nigeria. The post NERC inaugurates electricity regulators’ forum amid supply crisis appeared first on Nairametrics.
Read moreIT-SHAD Global Ventures, the PSP operator under the Lagos Waste Management Authority (LAWMA) responsible for waste collection in Agboyi-Ketu LCDA, has increased tariffs following the closure of the Olusosun dumpsite in Ojota and the relocation of waste disposal to Owuelepe…
Read moreRising geopolitical tensions and persistent macroeconomic shocks are driving capital flight from emerging markets to safer assets, Professor Joseph Nnanna, Chief Economist at the Development Bank of Nigeria, has warned. The post Capital flight threatens emerging markets amid global shocks…
Read moreThe Nigerian All-Share Index closed higher on March 25, 2026, gaining 219.9 points to settle at 200,925.8, holding firmly above the 200,000-mark. The post Nigerian stocks hold above 200,000 as banks drive market activity appeared first on Nairametrics.
Read moreThe Federal Government, through the Debt Management Office (DMO), has opened subscriptions for N750 billion worth of Federal Government of Nigeria (FGN) bonds for March 2026. Details from the March 2026 bond offer circular published on the DMO’s website on…
Read moreNigeria’s passenger car imports rose to N1.58 trillion in 2025, reflecting a rebound in demand, even as vehicles accounted for a small share of the country’s total import bill. Data from the National Bureau of Statistics (NBS) show that imports…
Read moreOil producers are now getting speedy approvals to revive Nigerian oil wells amid Nigeria’s continued drive to position itself as a major oil producer. The post Oil producers getting speedy permits to revive Nigerian wells – Report appeared first on…
Read moreNigeria recorded a total capital importation of $6.44 billion in the fourth quarter of 2025, representing a 26.61% year-on-year increase compared to $5.09 billion recorded in the corresponding period of 2024. This is according to the latest Capital Importation report…
Read moreThe Federal Competition and Consumer Protection Commission (FCCPC) has warned businesses in Nigeria to recall substandard products or face consequences in line with relevant laws. The post FCCPC warns businesses to recall substandard products or face consequences appeared first on…
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