Business & Economy

Nigeria Sees Surge in Foreign Capital Inflows in 2025

Nigeria experienced a significant increase in foreign capital inflows in 2025, receiving a total of $20.98 billion during the first ten months of the...

NRC, Southwest Development Commission to Revive Osogbo–Dagbolu–Erunmu, Idogo Railway Lines

The Nigerian Railway Corporation (NRC) has announced plans to partner with the Southwest Development Commission (SWDC) to reactivate two strategic railway corridors — the...

CBN Confirms 16 Banks Have Met Recapitalisation Target Ahead of 2026 Deadline

The Central Bank of Nigeria (CBN) has confirmed that 16 commercial banks have now met the regulatory recapitalisation threshold, reflecting continued progress in the...

FG May Seize and Sell Dana Air Assets to Refund Passengers, Says Keyamo

The Federal Government is considering the option of seizing and liquidating the assets of Dana Air to compensate stranded passengers and travel agents, according...

CBN Surprises Markets with Steady Monetary Policy: MPR Holds at 27% Amid Global Uncertainty

The Central Bank of Nigeria (CBN) jolted financial markets on Tuesday by keeping the Monetary Policy Rate (MPR) unchanged at 27%, alongside maintaining the...

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