FG inaugurates 25 year blueprint for south-east region
…As Tinubu approves establishment of South East Investment Company Ltd Vice-President Kashim Shettima, on Wednesday in Enugu, inaugurated a 25-year development blueprint for the South-East region. Shettima, while inaugurating the…
Refineries shut due to “monumental losses” incurred – NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says the state-owned refineries were shut down after internal reviews revealed that they were operating at “monumental losses” and destroying value for…
We don’t import refined petroleum products – Dangote refinery
Dangote Refinery says it does not import refined petroleum products into Nigeria, insisting that all petrol and other fuels sold from its operations are fully refined locally. The clarification was…
Trump signs extension of Africa duty-free trade program, USTR says
U.S. President Donald Trump on Tuesday signed a law extending a preferential trade program for Africa through December 31, effective retroactively from September 30, 2025, the chief U.S. trade negotiator…
Tinubu leadership reforms now global reference point: World Bank chief
ATinubu leadership reforms now global reference point: World Bank chief World Bank chief, Anna Bjerde, said Nigeria is now frequently cited globally as an example of steady, credible reform…
Africa faces $90 billion debt wall in 2026 – S&P Global Ratings says
S&P Global Ratings has cautioned that African governments face rising debt risks as hard-currency repayment schedules in 2026 increase pressure on external buffers, contributing to rollover risks. The agency’s latest…
FG cleared 28 new oil field plans worth $18.2bn in 2025
Nigeria approved 28 new Field Development Plans (FDPs) valued at N18.2 billion dollars, with an estimated reserve potential of 1.4 billion barrels in 2025 alone, the Federal Government has said….
Five smart ways to identify quality palm oil, by Libby Offem-Oke
Many people do associate thicker palm oil with higher quality, and historically, that belief didn’t come from nowhere. Traditionally, for some people naturally thick palm oil often meant the…
Food prices ease in November 2025 – NBS
The National Bureau of Statistics (NBS) says prices of major food items, including rice, beans, garri, tomatoes and onions, fell slightly in November 2025. The NBS disclosed this in its…
Fintech: About 11 billion transactions processed in 2024 – CBN
…Targets achieving near-universal e-payment penetration by 2030 The Central Bank of Nigeria, CBN says over 25% of all electronic transactions in Nigeria are processed via real-time payment channels and through…