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The Central Bank of Nigeria (CBN) says that the rise in external reserves to $52.5 billion was due to recent stability in the foreign exchange market and easing inflation.
The National Insurance Commission (NAICOM) has presented new licence certificates to insurance companies that successfully met the Commission’s new minimum capital requirements.
Oando Plc has recorded a 20 per cent increase in revenue to N2.1 trillion for the half-year ended June 30, driven by higher crude oil production, improved operational efficiency and cost optimisation.
Nigeria’s National Economic Council (NEC) has approved the refinancing of the 3.3 billion dollars Project Gazelle Pre-Export Finance Facility through a new 4.5 billion dollars facility named “Project Gazelle 2”.
The Secretary to the Government of the Nigerian Federation, Senator George Akume, has reaffirmed Nigeria’s unwavering commitment to broadening its longstanding strategic partnership with Japan, while calling for increased Japanese investment in key sectors of the Nigerian economy.
Senior government officials leading mining reform and investment initiatives in Guinea, Egypt and Nigeria have been confirmed as keynote speakers at African Mining Week (AMW) 2026, where they will outline the policies, projects and opportunities reshaping Africa’s mineral sector.
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has urged the Delta State Government to position itself for emerging global trade opportunities that can transform the state into Nigeria’s next industrial hub.
Israel and Nigeria have reaffirmed their commitment to strengthening bilateral cooperation in key economic sectors.
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has called for stronger collaboration among government and industry stakeholders to build a resilient, globally competitive petroleum sector to drive Nigeria’s economic growth and energy security.
The Nigerian Exchange Ltd (NGX) opened the week on a positive note on Monday, advancing by 0.18 per cent as investors gained N288 billion.