Economy

Lagos, nine others seek ₦4.287tn in loans, bonds, grants for 2026 budgets

Ten states are planning to source about ₦4.287 trillion from loans, bonds, grants, capital receipts, and public-private partnerships to finance capital projects in their...

External reserves set for $51.04bn growth by 2026: CBN

The Central Bank of Nigeria (CBN) predicts external reserves will climb to $51.04 billion in 2026, up from $45 billion in 2025. This projection was...

Dangote Refinery rolls out 10-day credit, free delivery for petrol stations

The Dangote Group has announced a 10-day credit facility backed by a bank guarantee for petrol station owners and dealers, alongside free direct delivery...

$750m deal: Otedola sells 77% stake in Geregu Power to MA’AM Energy

MA’AM Energy Limited has taken control of 77 per cent of Geregu Power Plc following a restructuring of the ownership of its majority shareholder,...

NNPCL eyes asset sales, Reuters reports 

The Nigerian National Petroleum Company Limited (NNPCL) has begun moves to sell stakes in some of its oil and gas assets, a new report...

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