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Afreximbank, ATDC Sign $500 Million Facility To Boost African Trade

Nigeria, Sept. 22 -- The African Export Import Bank and Africa Trading and Distribution Company have signed a $500 million Global Credit Facility to strengthen commodity trade and distribution across ... Read More


Super Eagles Step Up AFCON Preparations As Madagascar Land In Uyo

Nigeria, Sept. 22 -- The Super Eagles have begun their preparations in Uyo for Friday's opening 2027 Africa Cup of Nations qualifier against Madagascar. Nigeria will host Madagascar at Godswill Akpab... Read More


Naira Stays Near N1,329/$ For Four Straight Sessions

Nigeria, Sept. 16 -- The naira has largely been stable around N1,329/$ for four days in a row, the longest time since July 2025. The Nigerian Foreign Exchange Market data on the Central Bank of Ni... Read More


Messi Named In Argentina Squad For Farewell Friendly

Nigeria, Sept. 16 -- Lionel Messi has been called up for Argentina's friendly match against Benin on October 6, which will be his final appearance for the national team. The 39 year old had announ... Read More


Dangote Refinery IPO Attracts N1.47 Trillion In First Hour

Nigeria, Sept. 15 -- Investors subscribed to shares worth about N1.48 trillion within the first hour the Dangote Petroleum Refinery and Petrochemicals IPO opened on the Nigerian Exchange. Accordin... Read More


Nigeria's Car Imports Hit N1.18 Trillion As Transport Bill Jumps

Nigeria, Sept. 11 -- Nigeria's passenger vehicle imports surged to N1.18 trillion in the first half of 2026, up 145.6% compared to the N479.26 billion recorded in the same period of the previous year.... Read More


Abia Attracts N1.24 Trillion Private Investment Approvals Under Alex Otti

Nigeria, Sept. 11 -- Abia State has secured approvals for about N1.24 trillion in private capital investments as Governor Alex Otti's administration seeks to expand infrastructure and economic activit... Read More


Customs Moves To Post Clearance Audits To Cut Cargo Delays

Nigeria, Sept. 11 -- The Nigeria Customs Service is reducing its reliance on physical cargo inspections at ports as it moves towards a post clearance audit system aimed at speeding up trade and improv... Read More


Nigeria's Trade Surplus Widens as Exports Hit N27 Trillion

Nigeria, Sept. 8 -- Nigeria's merchandise trade climbed to N41.44 trillion in the second quarter of 2026, driven largely by a sharp rise in exports and stronger activity across the country's external ... Read More


Naira Holds at N1,320 as Nigeria's FX Trading Slumps

Nigeria, Sept. 8 -- The naira improved slightly to N1,320 per dollar on Monday as trade in Nigeria's official foreign exchange market slowed sharply to a lower level on a weekly basis, indicating a su... Read More