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FG Sets Q1 2027 Deadline for Agencies to Publish Audited Accounts

Nigeria, Oct. 21 -- The Federal Government has directed ministries, departments, and agencies to make available their audited financial statements for the first quarter of 2027, as a step towards tran... Read More


Naira Falls to N1,334.99 Per Dollar as Global Dollar Weakness Fails to Lift Currency

Nigeria, Oct. 21 -- The naira closed lower at N1,334.99 per dollar on Tuesday October 20, 2026, compared to N1,333.5 recorded in the previous trading day according to the Central Bank of Nigeria (CBN)... Read More


Nigeria Startup Funding Hits $635 Million as Country Reclaims Africa's Lead

Nigeria, Oct. 21 -- Nigeria has reclaimed its position as the largest recipient of startup investment in Africa after raising a total of $635 million between January and September 2026, more than doub... Read More


NAFDAC Seizes Counterfeit Alcoholic Drinks Worth Over N2bn In Lagos

Nigeria, Oct. 14 -- The National Agency for Food and Drug Administration and Control (NAFDAC) has recovered fake liquor worth over N2 billion during a raid in Lagos International Trade Fair Complex. ... Read More


Nigeria's Foreign Reserves Rise To $55.07 Billion After $115 Million Gain

Nigeria, Oct. 12 -- Nigeria's external reserves rose to $55.07 billion as of October 8, 2026, gaining about $ 115 million USD within six days as it continues to build its foreign exchange buffers. Ac... Read More


Jeff Bezos Becomes World's Second Richest As Fortune Hits $372 Billion

Nigeria, Oct. 12 -- Amazon founder Jeff Bezos has climbed to the status of the world's second richest individual as his net worth grows to $372 billion after gaining $122 billion in 2026. According t... Read More


States, FCT Collect N2.64 Trillion In PAYE Taxes As Revenue Rises 40%

Nigeria, Oct. 12 -- Nigeria's 36 states and the Federal Capital Territory (FCT) collected N2.64 trillion in Pay As You Earn (PAYE) taxes in 2025, representing a 40.4% increase from N1.88 trillion reco... Read More


CBN Withdraws N1.14tn From Banking System Through OMO

Nigeria, Oct. 7 -- The Central Bank of Nigeria (CBN) has pulled out about N3.31 trillion currency notes from the banking system through the OMO auction on October 6, against about N2.17 trillion OMO b... Read More


Kenya Clears Path For Investors To Join Dangote Refinery IPO

Nigeria, Oct. 7 -- Kenya has approved a Global Depositary Receipt structure that will enable eligible Kenyan investors to participate in the ongoing Dangote Petroleum Refinery and Petrochemicals IPO i... Read More


Naira Slips To N1,332.90/$ As FX Activity Remains Mixed

Nigeria, Oct. 6 -- The naira weakened slightly against the dollar on Monday, closing at N1,332.90/$ as trading activity in the foreign exchange market remained uneven. Data from the Nigerian Foreign ... Read More