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September 23, 2026

UK-Backed Manufacturing Africa Mobilises $630m for Nigeria

A United Kingdom Government-funded programme has helped 23 Nigerian businesses reach financial close on investments worth more than $630 million, with the transactions expected to create or safeguard more than…

September 23, 2026

Nigeria Targets Lower CNG Transport Fares From October 1

The Federal Government and state governments are working to reduce transportation costs across Nigeria from October 1, 2026, through wider use of Compressed Natural Gas (CNG) vehicles and alternative-energy public…

September 23, 2026

Dangote Refinery Fuel Exports Grow as Nigeria Enters Global Market

Nigeria's Dangote Petroleum Refinery is becoming an increasingly important supplier of refined petroleum products to international markets as its operations expand and global fuel supplies remain disrupted. Petroleum-product shipments from…

September 23, 2026

CBN Interest Rate Cut: MPR Reduced to 23% From 26.5%

The Central Bank of Nigeria has reduced its Monetary Policy Rate from 26.5% to 23%, cutting the benchmark by 350 basis points as inflation continues to moderate and Nigeria's external…