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The Nigerian National Petroleum Company Limited (NNPC Ltd) remitted N6.961 trillion to the Federation Account between January and May, up from N5.583 trillion recorded through April — underlining the company’s central role in funding federal, state and local governments. Its monthly report summary for June also declared a profit of N905 billion for the month, […]
Nigeria’s food services industry is projected to nearly double in value over the next five years — from an estimated $11.09 billion in 2025 to $19.31 billion by 2030 — according to a new study by fintech company Moniepoint titled “What it Takes to Feed Nigeria Everyday.” The report forecasts average annual growth of 11.73 […]
The Central Bank of Nigeria ramped up its Open Market Operations dramatically in the first half of 2026, selling N18.79 trillion worth of OMO bills — a 313 per cent jump from the N8.79 trillion recorded over the same period in 2025. Repayments grew even faster. OMO maturities flowing back into the system reached N34.49 […]