Presidency has said that President Bola Ahmed Tinubu, GCFR, has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce to design and sequence...
Central Bank of Nigeria (CBN) has instructed commercial banks across Nigeria to prevent loan defaulters from obtaining new credit facilities. The directive was conveyed in a...
Nigeria’s trade surplus narrowed sharply to N1.71tn in Q4 ‘25, down from N5.85tn in Q3’ 25 and N3.42tn in Q4 ‘24, reflecting weaker export earnings alongside...
Electricity distribution companies in Nigeria are facing renewed financial pressure following a directive by the Nigerian Electricity Regulatory Commission (NERC) requiring them to refund N20.33 billion...
U.S. Energy Secretary Chris Wright said on Thursday that oil prices are unlikely to reach $200 a barrel, with President Donald Trump touting U.S. gains from...
Director-General for Southern Africa, African Development Bank (AfDB), Dr Kennedy Mbekeani, has called for stronger policy alignment and private capital mobilisation to unlock Africa’s trade potential...
National Insurance Commission has directed that all insurance policies in Nigeria be linked to the national identification number by April 30 as part of measures to...
The National Insurance Commission has said that 20 insurance companies have applied for verification under the ongoing recapitalisation exercise. The July 31 compliance deadline remains unchanged....
Nigeria’s non-oil exports rose significantly in 2025, reaching N12.36 trillion between January and December. This is according to the latest Foreign Trade in Goods Statistics released...
Nigeria’s government is monitoring escalating tensions in the Middle East as it assesses potential risks to the country’s economic stability, the finance ministry said on Wednesday....
