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Nigeria’s Capital Importation Soars to $21 Billion in 10 Months of 2025, Signaling…
Nigeria witnessed a significant surge in capital inflows, recording approximately $21 billion in the first 10…
Nigeria’s Crude Oil Output Rises to 1.459 Million BPD in January 2026 Amid Ongoing…
Nigeria’s crude oil production rose to 1.459 million barrels per day (bpd) in January 2026, reinforcing its…
Dangote Refinery Receives 250,000MT of Crude and Feedstocks Amid Import…
Dangote Petroleum Refinery and Petrochemicals has taken delivery of approximately 250,000 metric tonnes of crude…
Shared Gas Infrastructure Key to Africa’s Industrial Growth, Says NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasised that shared gas infrastructure in Africa…
Dangote Refinery Hits Full Capacity of 650,000 bpd, Boosting Nigeria’s Energy…
The Dangote Petroleum Refinery has officially reached its full nameplate capacity of 650,000 barrels per day (bpd),…
Technology Key to Implementing New Tax Laws, Says Adedeji
The Executive Chairman of the Nigerian Revenue Service (NRS), Zacch Adedeji, has declared that…
Africa takes first step in handling credit rating biase – AFCRA
As the continent continues its march towards economic integration and resilience, the establishment of Africa…
Nigerian Stock Market Surpasses N111 Trillion on Dangote Cement Demand
The Nigerian Exchange Limited (NGX) reached a new milestone yesterday, with market capitalization crossing the N111…
Nigeria to Launch Cybersecurity Framework to Combat Rising AI-Driven Attacks
The Federal Government of Nigeria has announced plans to implement a comprehensive cybersecurity framework this…
NUPRC Launches 2025 Oil Licensing Round to Attract Global Investors
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on global investors to seize opportunities…
Nigeria Revenue Service Sets Ambitious N40.7 Trillion Target After N28.3 Trillion…
The Nigeria Revenue Service (NRS) has announced a record-breaking revenue collection of N28.3 trillion in 2025,…
NEC Calls for Unity and Delivery-Focused Reforms in Nigeria’s $1 Trillion Economy…
Nigeria’s drive to become a $1 trillion economy took center stage yesterday as the National Economic Council (NEC)…
BUA Foods Appoints Khalifa Rabiu as Chief Officer, Driving Global Procurement and…
BUA Foods Plc has appointed Mr. Isyaku Abdulsamad “Khalifa” Rabiu as Chief Officer, Global Procurement and…
Nigerian Insurers’ Profits Plummet to N108.4bn Amid FX Volatility and Rising…
Nigeria’s insurance sector experienced a sharp downturn in profitability in 2025, as foreign exchange volatility,…
Naira Breaks Below N1,350/$ for First Time Since May 2024 Amid Rising Reserves
The Nigerian naira strengthened to N1,349.5 per US dollar on Tuesday, marking the first time it traded below the…
SEC Urges Nigerian Civil Servants to Invest in Capital Market for Wealth and…
Nigeria’s Securities and Exchange Commission (SEC) has called on civil servants to actively engage in the capital…
Dangote Reduces Petrol Price by N25 per Litre to Boost Local Refinery…
Dangote Petroleum Refinery has announced a significant reduction in its petrol prices, slashing the gantry price of…
Nigeria Records $10.83bn Trade Surplus in 2025 Amid Rising Exports
Nigeria achieved a trade surplus of $10.83 billion in the first nine months of 2025, as exports of $44.06 billion…
World Bank Warns of Digital Job Risks Amid Weak Regulation in Developing Countries
The World Bank has issued a cautionary note about the rising trend of digital jobs, highlighting both the…
Dangote Cuts Petrol Price to N774 per Litre, Expands Investment Drive to Burundi
Dangote Petroleum Refinery has reduced its petrol price by N25 per litre, lowering the ex-depot rate…
Nigeria Must Reduce Debt Reliance, Says Wale Edun, Urges Stronger Domestic Revenue…
Nigeria must reduce its dependence on borrowing and build a stronger domestic revenue base to secure long-term…
CBN Approves $150,000 Weekly FX Sales to BDCs to Boost Naira Stability
The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in…
Nigeria to Deploy 22 New Cargo Scanners by Q3 2026 to Boost Trade Modernisation
Nigeria’s trade modernisation drive is set to gain fresh momentum as the Trade Modernisation Project (TMP) Limited…
Nigeria’s Economic Growth Slows Amid Weak Industrialisation and Job Deficit,…
Nigeria’s economic growth is facing significant headwinds as weak industrialisation, limited investment, and…
Nigeria’s Oil Price Falls Below $69 Amid Rising US-Iran Tensions
Nigeria’s top-grade Bonny Light crude traded at $68.8 per barrel on Tuesday, marking a notable decline amid rising…
Fuel Import Permits to Resume: Nigerian Marketers Optimistic Amid Dangote Refinery…
Petroleum marketers in Nigeria have expressed renewed optimism following indications from the Nigerian Midstream…
NCDMB Champions Africa-Wide Collaboration to Boost Oil and Gas Growth
The Nigerian Content Development and Monitoring Board (NCDMB) has called for stronger Africa-wide collaboration to…
African Start-ups Raise $174M in January Amid Record-Low Deal Count
African start-ups secured a total of $174 million in funding in January 2026, according to Africa: The Big Deal, a…
Nigeria’s Economic Stability at Risk: CBN Warns of Excess Liquidity and 2027…
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has raised concerns over the potential impact of excess cash…
Breaking news: PenCom Increases Equity Investment Limits for RSA Funds to Boost…
Nigeria’s National Pension Commission (PenCom) has announced an increase in the allowable equity investment limits…