Thursday, October 8, 2026

Economy

July 19, 2026

SEC set to deliver sustained zero trade fail rate in T+1 settlement cycle: DG

The DG said the focus would be on full delivery-versus-payment discipline across custodians, brokers and the Central Securities Clearing System Plc (CSCS).

Securities and Exchange Commission (SEC)
July 18, 2026

Troops nab six suspects in Lagos oil bunkering raid, dismantle site

Mr Yahaya said items recovered during the operation included four drums, two of which contained suspected illegally refined petroleum products.

Illegal crude oil refining site
July 18, 2026

Group seeks consumer representation in electricity act committee

“The committee members were drawn from the electricity supply and demand industry, while consumers, who are the key stakeholders on the demand side, were clearly excluded,” he said.

Joseph Tegbe
July 18, 2026

BEDC seeks Appeal Court order to stop auction of seized operational vehicles

BEDC approached the Court of Appeal in Akure to halt the auction of three of its operational vehicles seized to enforce a N20 million judgement.

Benin Electricity Distribution Company (BEDC)
July 18, 2026

CIBN projects 26.5% monetary policy rate retention

Mr Alabi said the expectation was based on the CBN’s inflation-targeting monetary policy framework and recent economic developments.

Chartered Institute of Bankers of Nigeria (CIBN)
July 18, 2026

Nigeria’s energy crisis biggest obstacle to industrialisation: Sanusi

Mr Sanusi said addressing the country’s estimated 100 billion-dollar power infrastructure funding gap would require deep structural reforms.

Emir Sanusi
July 18, 2026

 Naira ends week stronger with 0.9% gain against dollar at official market

Data published on Friday by the Central Bank of Nigeria (CBN) showed the local currency gained N1.34 compared with Thursday’s closing rate of N1,381.52 per dollar.

Naira and Dollar
July 17, 2026

Tinubu signs executive order on virtual assets, currency regulation

The order establishes a virtual assets council, chaired by the CBN, with the NRS and the SEC serving as vice-chairmen.

President Bola Tinubu
July 17, 2026

Court dismisses Bayelsa monarch’s suit against Shell

The ruler sought redress and remediation of cumulative pollution in the local government area for 40 years.

Shell Nigeria Exploration and Production Company Ltd. (SNEPCo)
July 17, 2026

FG establishes mega farms in four states

He said NALDA targets establishing mega farm estates across the six geopolitical zones to address challenges affecting agricultural production and create modern farming communities.