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CBN Reopens Official FX Window to BDCs with 150000 Dollar Weekly Limit

Nigeria, Feb. 11 -- The approval, conveyed in a circular dated February 10, 2026, and signed by the Director of Trade and Exchange, Musa Nakorji, allows BDCs to source forex through authorised dealer ... Read More


CBN Locks In S4 as Sole Platform for Treasury Auctions, Signals Next Phase

Nigeria, Feb. 10 -- The clarification follows the February 2026 Treasury Bills auction, in which the Federal Government offered N1.15 trillion across three tenors through a fully electronic, centralis... Read More


Finidi Admits Rivers United Fell Short After Heavy Loss to Pyramids

Nigeria, Feb. 10 -- The Nigerian champions had hoped to revive their campaign against the North African giants following a slow start to the group stage. While Rivers United showed promise in the ope... Read More


Nigeria Slips in Global Internet Speed Ranking Despite Wider Access

Nigeria, Feb. 10 -- Despite increasing internet penetration, Nigeria's median mobile download speed in December 2025, according to the most recent Speedtest Global Index published by the US-based firm... Read More


Naira Firms to N1,354.9 per Dollar as FX Sentiment Improves Ahead of MPC

Nigeria, Feb. 10 -- Data released by the Central Bank of Nigeria show the local currency closed at N1,354.9 per dollar, up from N1,384.5 on the same day last week. The action notes the naira's best pe... Read More


Gold Reclaims $5,000 as Buyers Step Back In After Turbulent Selloff

Nigeria, Feb. 9 -- The rebound comes after last week's steep selloff wiped out a chunk of gains from gold's record-breaking rally. During early Asian trading, bullion rose as much as 1.7 percent, reco... Read More


Rights Group Urges FIFA Action Over Alleged Killings of Iranian Footballers

Nigeria, Feb. 9 -- The group claims several players and sports officials have been killed or detained in recent months, raising fears for athletes linked to protests and dissent. Particular concern su... Read More


Customs Agents Warn Import Surcharge Could Hurt Revenue at Onne Port

Nigeria, Feb. 9 -- Customs agents under four associations, led by the Association of Nigerian Licensed Customs Agents, have begun picketing the offices of Pacific International Lines, halting business... Read More


Fuel Imports Return as Marketers Move to Plug Supply Gaps

Nigeria, Feb. 9 -- Industry players insist the decision is driven by market realities rather than any attempt to undermine the Dangote Petroleum Refinery. They argue that while domestic refining capa... Read More


Lookman Set for Atletico Madrid Debut as Copa del Rey Spotlight Shifts to Betis Clash

Nigeria, Feb. 5 -- Selected in Diego Simeone's first squad, the Super Eagles winger is expected to feature prominently, underscoring the coach's confidence in the former Atalanta attacker. Working on... Read More