The Nigerian Navy says its units under the auspices of Operation DELTA SANITY, successfully uncovered and destroyed 23 Illegal Refinery Sites and recovered large quantity of stolen crude oil in October.

Trading activity in the secondary market for FGN bond stayed on a calmer note, causing the average yield to clip at 19.44%. With a widening inflation rate, the negative real return on Nigerian bond investment has increased to about 7%.

Treasury Bills Yield Eased to 24.29% Ahead of Auction The average yield on Nigerian Treasury bills decreased moderately due to…

The Pension Fund Operators Association of Nigeria (PenOp), has expressed concerns over proposals from the Nigeria Police Force (NPF), to exit the Contributory Pension Scheme (CPS) to Defined Benefits Scheme (DBS).

Money market rates diverged on the back of movement in liquidity balance in the financial system. The short-term benchmark interest rates mixed after inflows from matured OMO bills and swap inflows lifted the liquidity balance.

Tinubu Seeks Senate Approval of 2025–2027 Fiscal Framework President Bola Tinubu has formally transmitted the 2025–2027 Medium-Term Fiscal Framework (MTF)…

NDLEA Secures 9,043 Convictions, Arrests 52 Barons The National Drug Law Enforcement Agency (NDLEA) has secured 9,034 convictions in the…

Equities investors trading highs and lows on the Nigerian Exchange (NGX) platform gained more than N136 billion on Tuesday on health performance on sector indexes.

The naira reclaimed part of its lost exchange rate value in the official market as volume of US dollar volume transacted declined on the day. Spot data from the FMDQ platform showed the naira appreciated by 0.68%, closing at ₦1,678.93 per US dollar at the official market.

Cabotage Funds Secure with CBN, NIMASA Says The Nigerian Maritime Administration and Safety Agency (NIMASA) says funds accrued under the…