Business & Economy
Nigerian business news, naira exchange rates, oil prices, and market trends. Plus global economic news affecting Nigeria’s economy.
CBN flags regulation gap over non-banks offering instalment credit
The Central Bank of Nigeria has raised regulatory and consumer protection questions about non-bank businesses that offer customers instalment payment options, the bank...
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Nigeria’s public debt climbs to N166.79tn, DMO reports
According to BusinessDay, the Debt Management Office said in its public debt portfolio report that Nigeria’s total public debt stock stood at N166.79...
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NIDF opens ₦45bn Series 12 offer under ₦200bn issuance programme
The Nigeria Infrastructure Debt Fund, managed by Chapel Hill Denham Management Limited, has launched a capital raise of up to ₦45 billion under...
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Fidelity Bank promotes 433 staff, 13% of workforce in 2026 exercise
Fidelity Bank promotes 433 employees in 2026 exercise Fidelity Bank Plc said it promoted 433 staff in its 2026 Promotion and Notch Award...
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Oil marketers cut petrol pump price to N1,350 in Lagos, report says
Oil marketers have begun cutting pump prices for Premium Motor Spirit, with MRS reducing its Lagos retail price to N1,350 per litre, Vanguard...
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CBN may face N8.57tn liquidity surge from OMO and bond maturities
Nairametrics has warned the Central Bank of Nigeria could see system liquidity swell by as much as N8.57 trillion this week, driven by...
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FCMB Group postpones Q3 2026 results to December 29
FCMB Group Plc has told the Nigerian Exchange Limited, shareholders and the investing public that it will not meet the usual October 30...
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African Alliance shareholders approve up to N12bn capital raise
African Alliance Insurance Plc says its shareholders at an Extraordinary General Meeting on September 23, 2026 authorised the company to raise up to...
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