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September 23, 2026 - 1:31 AM

Business

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Nigeria’s Canada Trade Surplus Ends As Exports Plunge 99.6%

Nigeria’s trade surplus with Canada ended a 16 month run in June 2026, after exports to the North American country plunged 99.55% to N1.54...

FG, States, LGs Get N2.338tn as Statutory Revenue Falls by N1.5tn

The Federal Government, states and local government councils have shared N2.338 trillion in revenue for August 2026, following a sharp drop in statutory earnings...

TCN To Shut Down Bida Substation For Maintenance, Lists Affected Areas

The Transmission Company of Nigeria (TCN) has announced plans to carry out its annual preventive maintenance at the Bida 132/33kV Transmission Substation in Niger...

Food Inflation Remains High At 19.57% Despite Easing Pressure

Nigeria’s food inflation rate was 19.57% year-on-year (YoY) as of August 2026, down from a huge jump in the previous month.   The consumer price index...

PHCN Pension Arrears: FG Completes N18.96bn Payment to 3,958 Retirees

The Federal Government, through the Pension Transitional Arrangement Directorate (PTAD), has completed the payment of N18.96 billion in outstanding pension arrears to 3,958 former...

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