Economy

Dangote Refinery’s Dominance Sparks Monopoly Concerns in Nigeria’s N14.4tn Petrol Market

by Akpan Edidong

March 12, 2026

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Economy

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

Nigeria Secures $747 Million Loan to Advance Lagos-Calabar Highway Project

by Victoria Attah

July 11, 2025

The Nigerian Federal Government has obtained a $747 million loan to fund the first phase of the Lagos-Calabar Coastal Highway,...

First Bank, GTCO and 18 Others Fined N125 Million for Regulatory Non-Compliance.

Lagos Court Freezes Afex Commodities’ Accounts Over N17.8 Billion Debt to GTBank

A Federal High Court in Lagos has ordered the freezing of Afex Commodities Exchange Limited’s bank accounts across 60 financial...

Nigerian Students Spend $340.84 Million on Foreign University Applications in the H1 of 2023

Nigeria Challenges New US, UAE Visa Restrictions as Diplomatic Tensions Rise

Nigeria’s Federal Government has voiced strong objections to tightened visa policies imposed by the United States and the United Arab...

Nigeria Targets $32.8 Billion to Electrify 300 Million Africans by 2030

Nigeria’s Federal Government has launched an ambitious plan to secure $32.8 billion in investments to provide electricity to 300 million...

OPEC – Nigeria’s oil production decreases to 972 tb/d

Nigerian Crude Prices Climb to $72 Amid Red Sea Tensions and Domestic Refinery Shifts

by Akpan Edidong

Nigerian crude oil prices have soared past $70 per barrel, reaching $72.3 on Tuesday, driven by heightened geopolitical tensions in...

Senate Committee Frowns at N17 Trillion Loss from Tax Waivers, Urges FIRS Reform

Nigeria Initiates Double Taxation Treaty Talks with Netherlands Amid Major Tax Reforms

by Victoria Attah

July 8, 2025

The Federal Inland Revenue Service (FIRS) of Nigeria has launched formal discussions to revise its Double Taxation Agreement (DTA) with...

DMO Announces Subscription Offering for Federal Government Savings Bonds.

Nigeria Opens July 2025 FGN Savings Bonds with Up to 16.762% Interest Rates

by Rate Captain

July 8, 2025

The Debt Management Office (DMO) of Nigeria has rolled out its Federal Government of Nigeria (FGN) savings bonds for July...

Bola Tinubu’s proposed economic plans for Nigeria.

U.S. Imposes Additional 10% Tariff on Nigeria for BRICS Partnership

July 8, 2025

In a move that has heightened global trade tensions, U.S. President Donald Trump announced on July 6, 2025, that Nigeria...

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.