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Economy, Nigeria
Amukpe–Escravos Pipeline Value Surge Reshapes Nigeria’s Oil, Gas Outlook
A sharp rise in the estimated value of the Amukpe–Escravos Pipeline is drawing attention to its growing strategic importance and …
Economy, Nigeria
World Bank Flags Fiscal Risks in Nigeria’s ₦4tn Power Bond Programme
The World Bank has cautioned that Nigeria’s ₦4tn power sector bond programme could deepen fiscal risks, as it effectively converts …
Economy, Finance
Naira Holds Steady Between N1,340 and N1,430 in Q1, CPPE Eyes Risks in Q2
The Centre for the Promotion of Private Enterprises says the naira remained relatively stable against the dollar in the first …
Economy, Nigeria
Tinubu Approves N3.3tn Plan to Clear Power Sector Debts
President Bola Tinubu has sanctioned a N3.3 trillion bailout package aimed at settling long-standing debts in Nigeria’s power sector and …
Economy, Abia
Otti Greenlights NEPAL Energies’ Acquisition of Afro Beverages to Drive Jobs and Economic Growth
Abia State Governor, Alex Otti, has approved the takeover of Afro Beverages by NEPAL Energies, a move aimed at stimulating …
Economy, International
Oil Prices Fall, Stocks Rally as Trump Says War May End Soon
Oil prices sank and equities rallied on Tuesday following a volatile trading session after U.S. President Donald Trump suggested that …
Economy, Nigeria
How €2.3bn FG’s Electricity Project Failed
Despite the injection of €2.3 billion (about N3.7 trillion at the current exchange rate) into the Presidential Power Initiative (PPI), …
Economy, Nigeria, Finance
Tinubu to Propose Amendment to PIA – Senate Committee
The Senate Committee on Finance has revealed that President Bola Tinubu will soon submit proposals to amend the Petroleum Industry …
Economy, Nigeria
CBN backs Tinubu’s executive order on direct oil revenue remittance
The Central Bank of Nigeria (CBN) says President Bola Ahmed Tinubu’s executive order on direct oil revenue remittance to the …
Economy, Nigeria
Early childhood investment key to Nigeria’s $1tn economy ambition — World Bank
The World Bank says Nigeria’s ambition to build a $1tn economy by 2050 will depend largely on urgent investment in …
Economy
Nigeria Wins $6.2m Arbitration Against UK Tech Firm
Nigeria has secured a major legal victory in an international arbitration dispute against European Dynamics UK Ltd, avoiding a potential …
Economy
Nigeria’s Public Debt Rises to N153.29trn in Q3 2025 – DMO
Nigeria’s total public debt climbed to N153.29 trillion as of September 30, 2025, reflecting a N900 billion increase within three …
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