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Funding pressures lift overnight rate as bonds extend losses, T-Bills unchanged...

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MON JUNE 15 2026-theGBJournal|Nigeria's money market tightened Monday, with the overnight lending rate rising by 7 basis points to 22.2% amid a lack of...

Nigeria inflation accelerates to 15.93% in May as food, core prices...

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MON JUNE 15 2026-theGBJournal| Nigeria’s inflation rate accelerated for a third consecutive month in May, underscoring persistent price pressures in Africa’s largest economy despite...

Africa Finance Corporation backs US$7 billion Dangote Fertiliser expansion

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...AFC was Co-Coordinating Bank on a US$3 billion syndicated loan for Dangote Refinery and recently received full repayment of its foundational US$300 million senior...

African Democratic Congress picks Rotimi Amaechi as Atiku’s running mate for...

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MON JUNE 15 2026-theGBJournal| The African Democratic Congress (ADC) has picked former Rivers State Governor and former Minister of Transportation, Rotimi Amaechi, as its...

Nigeria’s Company Income Tax revenue falls 31% as corporate earnings slow

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MON JUNE 15 2026-theGBJournal| Nigeria’s Company Income Tax (CIT) collections declined to N1.37 trillion in the first quarter of 2026, reflecting mounting pressure on...

Nigeria’s VAT revenue climbs to N2.42 trillion in Q1 2026 as...

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MON JUNE 15 2026-theGBJournal| Nigeria’s Value Added Tax (VAT) collections rose to N2.42 trillion in the first quarter of 2026, reflecting continued strength in...

Central Bank of Nigeria new draft rules target contagion risks across...

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MON JUNE 15 2026-theGBJournal|The Central Bank of Nigeria (CBN) has unveiled draft guidelines aimed at ring-fencing the operations of closely linked entities within the...

MTN Nigeria, First WATT forge renewable energy deal to power telecom...

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MON JUNE 15 2026-theGBJournal| First WATT Renewable Limited and MTN Nigeria have announced a strategic renewable energy infrastructure partnership designed to reduce diesel dependence,...

SERAP drags NNPCL to court for ‘failure to account for N5.9...

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SUN JUNE 14 2026-theGBJournal| The Socio-Economic Rights and Accountability Project (SERAP) said on Sunday, it has filed a lawsuit against the Nigerian National Petroleum...

MAX AIR to resume full operations June 15th after maintenance programme

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SUN JUNE 14 2026-theGBJournal| Max Air said Sunday said it will resume all flight operations with regular schedules effective Monday, 15 June 2026. The company's...