Economy
Nigeria Raises Monthly Pension Payments to ₦14.83bn for Over 241,000 Retirees
Nigeria’s monthly pension payments under the Contributory Pension Scheme (CPS) have increased from ₦12.15 billion to ₦14.83 billion, benefiting more than 241,000 retirees...
Nigeria’s Weekly Forex Turnover Nearly Doubles to $3.37 Billion
Nigeria’s foreign exchange market recorded a sharp increase in trading activity in the week ended October 9, 2026, as total turnover rose by...
FG Directs States to Align 2027 Budgets With Development and Spending Plans
The Federal Government has urged state governments to align their 2027 budgets with approved development plans, sector priorities and available resources to improve...
Universities and Companies Secure Permits to Generate 54.94MW of Electricity
Universities and private companies in Nigeria have secured permits to generate a combined 54.94 megawatts (MW) of electricity, as institutions and businesses continue...
Uganda Central Bank Calls Emergency Meeting as Shilling Weakens
Uganda’s central bank has scheduled an emergency Monetary Policy Committee meeting for Wednesday as the country’s currency continues to weaken against the US...
Oyedele, Cardoso Meet World Bank Chief to Review Nigeria’s Economic Reforms
Finance Minister Taiwo Oyedele and Central Bank of Nigeria (CBN) Governor Olayemi Cardoso have met with World Bank Group President Ajay Banga to...
Obasanjo, Diri Demand More Oil Revenue for Niger Delta
Former President Olusegun Obasanjo and Bayelsa State Governor Douye Diri have called for increased oil revenue allocation to the Niger Delta region, highlighting...
Global Stocks Fall as AI Chip Sell-Off Drives Investors Towards Safer Assets
Global stock markets fell on Tuesday, October 13, as a sell-off in technology shares, particularly artificial intelligence (AI) chipmakers, unsettled investors and increased...
