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Fuel Subsidy Would Have Cost Nigeria N52 Trillion in 2026 – Zacch Adedeji
The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has revealed that Nigeria would have…
Naira Strengthens to N1,348/$ as U.S. Dollar Slips to Six-Week Low Amid Global…
The naira appreciated to N1,348 per dollar on Tuesday in the official foreign exchange market, marking a mild but…
Nigeria Public Debt Rises to N159.28 Trillion in 2025 as Domestic Borrowing Drives…
Nigeria’s total public debt climbed to N159.28 trillion as of December 31, 2025, according to fresh data released…
Nigeria Civil Service AI Reform to Cut Delays, Boost Investor Confidence
Nigeria is fast-tracking a major transformation of its public sector, rolling out artificial intelligence…
Nigeria Revenue Service Urged to Leverage Technology for Sustained Revenue Growth…
The Nigeria Revenue Service (NRS) has been urged to embrace technology and strengthen institutional efficiency to…
Nigeria Urged to Maximise $11.3m AfDB Renewable Energy Fund Through Mini-Grids and…
Nigeria has been advised to take full advantage of the $11.3 million African Development Bank (AfDB) renewable…
Nigeria Crude Oil Production Hits 1.84 Million Barrels Per Day as Output Recovery…
Nigeria’s crude oil production has recorded a significant rebound, reaching a peak of 1.84 million barrels…
Power Subsidy Hits N418.79bn as Nigeria’s Electricity Sector Records Over N300bn…
Nigeria’s electricity sector faced mounting financial pressure in the fourth quarter of 2025, as the Federal…
Tinubu 2026 Budget Signing: President Set to Approve ₦68.323 Trillion Nigeria…
President Bola Tinubu is expected to sign the ₦68.323 trillion 2026 national budget at any moment after it was…
FG Moves for Cheaper Funding as Global Tensions Push Inflation, Oil Prices Higher
The Federal Government has announced plans to pursue cheaper funding and stronger international financial support…
NGX Market Capitalisation Hits N131.6tn as 31 Stocks Drive Gains in Bullish…
The Nigerian equities market opened the week on a positive note as renewed buying interest in medium and large-cap…
NGX Market Capitalisation Rises by N443 Billion as 31 Stocks Drive Broad Market…
The Nigerian stock market opened the week on a positive note as the Nigerian Exchange Limited (NGX) recorded a…
Edun Pushes for Lower Borrowing Costs at IMF and World Bank Meetings Amid Rising…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is heading into the 2026 Spring…
NGX All-Share Index Crosses 204,000 as Nigerian Stock Market Hits Record High…
The Nigerian stock market opened the week on a positive note as the NGX All-Share Index rose to 204,458.9 points on…
Nigeria Crude Oil Production Rises to 1.38mbpd in March 2026 as OPEC Reports…
Nigeria’s crude oil production recorded a slight improvement in March 2026, rising to 1.38 million barrels per day…
UAE and India Lead Ghana Exports in 2025 as Trade Concentration Deepens
Ghana’s export earnings in 2025 were heavily dominated by a small group of international partners, with the United…
Dangote Refinery Becomes Net Exporter as Nigeria Boosts Oil Exports in March
In a historic shift for Nigeria’s energy sector, the Dangote Petroleum Refinery & Petrochemicals recorded a…
Nigeria Targets Wealthy Lifestyle Spending to Boost Tax Revenue
Nigeria is stepping up efforts to boost public revenue by targeting wealthy individuals through a data-driven tax…
Dangote Refinery IPO Set to Raise $5bn in Historic African Listing
Nigeria is on the brink of a landmark financial moment as Aliko Dangote moves forward with plans to list the…
Insurance Recapitalisation: Nigeria’s Insurance Sector Undergoes Major Shake-Up…
Nigeria’s insurance industry is undergoing one of its most significant transformations in years as the 2026…
Nigeria Fuel Prices, Inflation Rise as Oil Nears $100+ Amid Strait of Hormuz…
Nigeria’s economy is once again under pressure as global crude oil prices edge toward the $100-per-barrel…
Nigerian Stock Market Gains N1.36 Trillion as Equities Rally Continues on Banking…
The Nigerian equities market extended its bullish run last week, delivering a strong performance that lifted…
Ellah Lakes Grows Revenue to N146.7bn in 17 Months as Agribusiness Expansion Gains…
Ellah Lakes Plc has reported a sharp rise in performance, growing its total revenue to N146.7 billion over a…
CBN Tightens Oversight of Digital Finance Platforms as Nigeria Expands Virtual…
The Central Bank of Nigeria (CBN) has stepped up efforts to regulate the fast-growing digital finance sector,…
FG at final stage of 2026-2030 development plan
The Federal Government has reached the final stage of preparations for the Medium-Term National Development Plan…
Cash Outside Banks Falls to N5.20 Trillion in February 2026 as Nigeria’s Liquidity…
Nigeria’s cash held outside the banking system declined slightly in February 2026, falling by 0.058% to N5.20…
Electricity Generation Rises to 4,300MW as FG Credits Gas Supply Boost and Sector…
The Federal Government has announced an improvement in Nigeria’s electricity generation, which increased from 3,951…
NUPRC Unveils Digital Reforms to Boost Oil Production and Attract Investment in…
Nigeria’s upstream oil and gas sector is set for a major transformation as the Nigerian Upstream Petroleum…
Nigeria’s External Reserves to Fall to $47bn by 2026, Fitch Warns Amid Economic…
Fitch Ratings has projected that Nigeria’s external reserves will decline to around $47 billion by the end…
World Bank Fuel Import Recommendation Sparks Backlash in Nigeria as Expert Cites…
An energy economist, Ken Ife, has strongly criticised the World Bank’s recommendation that Nigeria should deepen…