Economy

FAAC sub-committees get ₦11.5bn from 2026 budget work

The Federation Account Allocation Committee (FAAC) has approved the transfer of ₦11.5 billion from the 0.5 per cent Stabilisation Fund to finance the operations...

Nigeria targets 25m tonnes of maize annually to meet demand: FG

The Federal Government says Nigeria requires no fewer than 25 million tonnes of maize annually to meet national demand and strengthen food security. The Minister...

Dangote Refinery hikes petrol price to ₦995 per litre 

The Dangote Petroleum Refinery has increased its Premium Motor Spirit gantry price to ₦995 per litre, marking a sharp ₦221 rise within four days,...

Senate pushes for stronger fintech sector regulation, wants CBN at the helm

The Senate on Wednesday called for a stronger regulatory framework that would place the Central Bank of Nigeria (CBN) at the centre of supervising...

CBN’s gold assets climb to $3.5bn after new addition

The Central Bank of Nigeria (CBN) has received domestically sourced gold refined to international standards into the country’s foreign reserves, raising its total gold...

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