Live intelligence from 10+ verified Nigerian and UK sources
Nigeria’s financial system is expected to receive about N10.90 trillion in liquidity inflows in June, driven largely by maturing Open read more Nigeria faces N10.9trn liquidity surge as OMO maturities test CBN tightening
The country, one of the world's oil and gas giants, had already restricted the export of car fuel, as pressures on the market mount during the Ukraine war. The post Russia Bans Aviation Fuel Exports appeared first on Channels Television.
An expert has urged Nigeria to boost domestic production and reform its port infrastructure to mitigate global supply chain disruptions. This call comes in light of ongoing global conflicts affecting logistics.
JustMarkets, a trading platform with 3M+ active clients and presence in over 160 countries, will soon celebrate its 14th anniversary. read more JustMarkets Launches Great Anniversary Contest with $50,000+ Prize Pool and Gold Rewards
Chartered Accountant and business analyst Success Ajilore has emphasized the importance of financial discipline, responsible borrowing, and structured business systems read more Financial discipline and smart debt management critical for SME survival — Success Ajilore
African currencies delivered mixed performances against the US dollar in May 2026 as inflation concerns, global market uncertainty and shifting read more Top 10 best-performing African currencies – May 2026
Morocco has surpassed South Africa to become Africa's leading industrial economy after 15 years. This shift is attributed to aggressive economic strategies and industrial growth in Morocco.
Recent reports indicated that increased activity in the interbank segment has helped support the local currency despite persistent demand for dollars. The post Naira To Dollar Exchange Rate Today, June 1, 2026 appeared first on Channels Television.
While Nigeria struggles with erratic electricity supply, businesses are quietly paying a heavy price running on generators that drain profits read more AfDB warns Nigeria’s power crisis fuels hidden costs, weakens economy
French President Emmanuel Macron announced £93 billion in investments during the 'Choose France' initiative. This amount exceeds the total raised over the past eight years, showcasing France's commitment to attracting foreign investment.
The French navy has detained a suspected Russian oil tanker in the Atlantic, part of efforts to combat Moscow’s sanctions-busting “shadow fleet.”
The African Energy Chamber emphasizes that local refining can reduce Nigeria's reliance on imported products. They highlight the need for competition and efficient logistics in the downstream market to achieve this goal.
*Weak manufacturing base threatens economic gains – CPPE By Yinka Kolawole Nigeria’s manufacturing sector recorded a significant improvement in output in the first quarter of 2026 (Q1’26), with growth more than doubling year-on-year. However, concerns persist o...
The article emphasizes the urgent need to address food scarcity in Nigeria to avoid severe consequences. It draws parallels with historical food crises, highlighting the importance of swift action.
Peek under the buzz around its reform credentials, and the truth is that the Tinubu administration’s policies, thus far, have largely favoured the economy’s demand side – an increase in the minimum wage, and, through tax reforms, a redistribution of income away from high ea...
The Centre for the Promotion of Private Enterprises reports a year-on-year real GDP growth of 3.89% for Q1 2026, indicating a gradual recovery of the Nigerian economy. This positive trend reflects ongoing improvements in economic performance.
Nigeria and the UAE have achieved a significant milestone with their non-oil trade reaching $5 billion in 2025. Minister Bianca Odumegwu-Ojukwu expressed satisfaction with the progress in resolving visa-related issues between the two nations.
Over 100 imported vegetable oil brands are dominating Nigeria's local market despite a government prohibition. The National Chairman of the Vegetable/Edible Oil Producers Association attributes this to enforcement failures by Customs, NAFDAC, and SON.
NGX Group's CEO, Temi Popoola, has called for better integration of capital markets into Nigeria's monetary policy. He emphasizes that developing the capital market is crucial for macroeconomic stability.
The Nigerian stock market continued its upward trend, gaining over N4.514 trillion in May 2026. It also recovered from last week's losses, posting a N431 billion increase.
Federal employees have rejected a proposal to increase the minimum wage to N100,000, citing dissatisfaction with the current N70,000 wage. They believe it has not adequately improved their purchasing power.
Bangladesh has raised fuel prices for the second time in six weeks, impacting its economy. The country relies heavily on fuel imports, primarily from the Middle East.
The Nigerian naira showed stability against the US dollar in both the official and parallel markets. Traders are closely observing forex liquidity and market demand.
Nigeria and the UAE are set to see their non-oil trade reach $5 billion by 2025, according to the UAE Ambassador to Nigeria. This growth highlights the strengthening economic ties between the two nations.
Rising prices of cooking gas and kerosene are pushing many Nigerians to use firewood for cooking. This shift highlights the ongoing economic hardship faced by households across the country.
Nigerians spent nearly $6 billion on foreign travel in 2025, marking a 32% increase from the previous year. This surge is largely attributed to education and medical tourism.
Nigeria's pension industry achieved a remarkable growth of N1.42 trillion in April 2026, marking its highest increase ever. This surge reflects a positive trend in the country's pension assets.
The CPPE has praised President Bola Ahmed Tinubu's administration for its economic reforms over the past three years. They urge the government to ensure these reforms lead to inclusive growth and improved quality of life for Nigerians.
AERE's report reveals a concerning ₦14 trillion drop in private sector credit in Nigeria, despite banks showing stronger capital reserves. This decline raises alarms about the health of the productive sector and its future growth potential.
Experts advise investors to remain cautious in Nigeria's stock market throughout June 2026. They recommend focusing on fundamentally strong stocks with appealing valuations.