Economic Confidential

CBN Returns N3.2trn to Banks as Maturities Outstrip Fresh Auctions in October

The Central Bank of Nigeria (CBN) injected a net N3.20 trillion into the banking system in October after repayments on ...
Opinion
Economic ConfidentialOpinion

Unlocking Nigeria’s Geological Wealth for National Development, by Zakariyah Issa Bolakale

To understand the value of geology to Nigeria, one must first appreciate what geology does. In simple terms, it is the science of earth.
Economic Confidential

Nigeria Offers 40 Oil Blocks to Foreign Investors as NUPRC Opens Bid

The FG will open its bidding portal for 40 oil and gas blocks on November 20, 2026, as part of a fresh push to attract global capital.
Economic Confidential

N500m Fine, 10 Years Jail Awaits Illegal Transfer of Payment Data – Reps Bill

A bill before the House of Representatives has proposed a 10-year jail term and a minimum fine of N500m for unauthorised ...
Economic Confidential

Fuel Price Rise Slows Private Sector Growth, PMI Shows

The headline PMI fell to 55.7 points in October from 56.4 points in September, indicating a slower pace of growth. The sector ...