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The price of a 50kg bag of cement in Nigeria has risen to N12,000 in several states, intensifying concerns over housing affordability and the rising cost of construction projects nationwide.

Cement Prices Climb to N12,000 per Bag as BUA Points to Forex and Energy Challenges The price of a 50kg bag of cement in Nigeria has risen to N12,000 in several states, intensifying concerns over housing…………

Nigeria’s external reserves have recorded a notable recovery in May 2026, climbing by approximately $551 million within the first three weeks of the month.

According to data released by the Central Bank of Nigeria (CBN), gross external reserves increased from $48.34 billion on May 4 to $48.89 billion as of May 21, signalling a gradual improvement in the country’s external liquidity position.

Nigeria’s Foreign Reserves Rise by $551 Million in Three Weeks Nigeria’s external reserves have recorded a notable recovery in May 2026, climbing by approximately $551 million…….

Daily Exchange Rate – Monday, 25th May, 2026

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Standard Chartered Bank has announced plans to eliminate more than 7,800 jobs globally as it accelerates the adoption of Artificial Intelligence across its operations. #

End Times : Standard Chartered to Cut Over 7,800 Jobs Worldwide Due to AI Standard Chartered Bank has announced plans to eliminate more than 7,800 jobs globally as it accelerates the adoption…

Dangote Petroleum Refinery & Petrochemicals has announced a significant reduction in the price of Jet A1 (aviation fuel), slashing it from N1,750 to N1,650 per litre.

Dangote Refinery Reduces Aviation Fuel Price to N1,650 per Litre Dangote Petroleum Refinery & Petrochemicals has announced a significant reduction in the price of Jet A1 (aviation fuel), slashing…

The Central Bank of Nigeria (CBN) has refuted allegations of aggressive intervention in the foreign exchange market, insisting that its involvement remains very limited relative to overall market transactions.

CBN Denies Heavy Intervention in FX Market, Highlights Minimal Participation The Central Bank of Nigeria (CBN) has refuted allegations of aggressive intervention in the foreign exchange market, insisting…

For years, conversations about the future of global power have sounded familiar. China. The United States. India. Perhaps the European Union. These names dominate economic discussions, policy forums, and international strategy reports.

Is the World Underestimating Nigeria? For years, conversations about the future of global power have sounded familiar. China. The United States. India. Perhaps the European Union. These names dominate economic discussions, policy forums…