The African Export-Import Bank has underwritten $2.5bn out of a $4bn senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, in a move aimed at...
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says Nigeria is targeting a seven per cent annual Gross Domestic Product growth...
The United States reduced its purchase of Nigerian crude oil sharply in January 2026, with imports dropping by about 47.16 per cent month-on-month, according to the...
The Nigerian National Petroleum Company Limited (NNPC) has unveiled plans to grow Nigeria’s gas reserves from 210 trillion cubic feet (tcf) to 600 tcf, while attracting...
Nigeria loses about N40tn annually to poor electricity supply, the Nigerian Independent System Operator, an agency of the Federal Government, has said, warning that unreliable power...
The Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. In a sweeping move to enforce...
The Federal Government on Tuesday rolled out plans for the implementation of a unified national system tagged: ‘One Humanitarian, One Poverty Response System (OHOPRS)’, aimed at...
The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over the increasing prevalence of unsafe and substandard products in Nigerian markets, warning that this...
The Federal Government has lifted its ban on fuel imports, granting six new licences for the importation of Premium Motor Spirit (petrol), following concerns over supply...
The Federal Government has maintained that Nigeria’s tax reform will ultimately be judged not by how much revenue it generates, but by how fairly it distributes...
