Nigerian Business Titans Reshaping Economic Landscape
From oil fields and cement plants to telecom networks, manufacturing floors and architectural landmarks, these visionary leaders have…
Nigeria draws $1.5bn UAE loan despite IMF concerns
The Federal Government has drawn down $1.5bn from a $5bn financing facility arranged with the United Arab Emirates’…
Cement Prices: Umahi Urges Manufacturers to Reduce Costs
The Federal Government has intensified pressure on cement manufacturers to reduce the cost of cement, warning that the…
Nigeria’s Revenue Hits N15.8tn: Economists Cite Reform Impac
Economists have attributed Nigeria’s strong revenue performance in the first five months of 2026 to the impact of…
Nigeria Gas Production Rises, Domestic Sales Hit 2.18bcf/d
Nigeria’s daily natural gas production rose to 7.93 billion standard cubic feet per day in May 2026, driven…
Domestic Gas Sales Rise 30% in Nigeria on PIA Reforms
Nigeria’s domestic gas market recorded a significant increase in sales, rising by about 30 per cent between January…
Nigeria oil production exceeds OPEC quota, hits 15-month hig
Nigeria’s crude oil production rose above its Organisation of the Petroleum Exporting Countries production quota in May 2026,…
IMF Cautions Nigeria on $5bn Abu Dhabi Swap Deal Risks
The International Monetary Fund has warned Nigeria to tread carefully in pursuing a proposed $5bn Total Return Swap…
No Doctor Should Earn Below N1m Monthly, Says OOUTH ARD Pres
The President of the Association of Resident Doctors, Olabisi Onabanjo University Teaching Hospital, Sagamu, Dr John Omotoso, has…
Nigeria Blackout Persists Despite $3.6bn World Bank Loans
Nigeria’s electricity sector has received at least $3.653bn in World Bank-backed funding over the past 24 years, yet…
FDI drops 80% as investors favour bonds in Nigeria
Foreign direct investment into Nigeria plunged by 80 per cent in January 2026 as foreign investors increasingly channelled…
Tinubu: Nigerian Economy Recovering, States No Longer Strugg
President Bola Tinubu has said Nigeria’s economy is recovering, with states no longer depending on federal government interventions…