The International Monetary Fund (IMF) has projected that Nigeria will spend more than half of its government revenue on debt servicing in 2026, highlighting the growing...
…As Marno bows out after more than 6 years at the helm of Shell in Nigeria Former Managing Director Shell Nigeria Exploration and Production Company Limited...
The Central Bank of Nigeria (CBN) has directed banks, fintech companies and other payment service providers operating in the country to disclose their ultimate beneficial owners...
The Federal Government has denied media reports claiming it is considering new taxes on telecommunications services and petroleum products following the publication of the International Monetary...
An analysis of data from the Open Treasury Portal has revealed a massive disparity between approved capital allocations and actual cash releases for Nigeria’s road sector....
President of Dangote Group, Aliko Dangote, has reaffirmed plans to develop a large-scale industrial and free trade zone at Olokola in Ondo State, describing it as...
The Islamic Revolutionary Guard Corps, IRGC, has confirmed that three Iranian oil tankers and two ships carrying essential goods had crossed through the US naval blockade...
The Dangote Petroleum Refinery has announced a reduction of ₦75 per litre in its wholesale gantry price for Premium Motor Spirit (petrol), citing the easing of...
Nigeria’s headline inflation rate rose to 15.93% in May 2026, marking the third consecutive monthly increase in the country’s annual inflation trajectory. Business leaders and economic...
The United Kingdom and Nigeria have launched a £15 million Growth Programme aimed at accelerating investment, supporting economic transformation, and strengthening bilateral cooperation across key sectors...