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September 14, 2026 - 1:20 PM

Business

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Nigeria’s Trade Surplus Widens as Exports Hit N27 Trillion

Nigeria’s merchandise trade climbed to N41.44 trillion in the second quarter of 2026, driven largely by a sharp rise in exports and stronger activity...

Nigeria’s Car Imports Hit N1.18 Trillion As Transport Bill Jumps

Nigeria’s passenger vehicle imports surged to N1.18 trillion in the first half of 2026, up 145.6% compared to the N479.26 billion recorded in the...

Banks Must Turn Capital Into Jobs, Productivity — President Tinubu

President Bola Tinubu has urged financial institutions to channel their capital into productive investments that will create jobs and drive economic growth and development. Tinubu...

Naira Falls to N1,334 as Interbank FX Turnover Jumps 70%

The naira closed weaker against the US dollar on Wednesday, September 9, at N1,334/$ in the interbank foreign exchange market, down from N1,322.90/$ recorded...

N930bn Liquidity Decline Yet to Push Up Short-Term Interest Rates — Expert

A financial expert, Dr Tunde Awesu, has said the N930 billion decline in banking system liquidity has not significantly pushed up short-term interest rates,...

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