President Bola Ahmed Tinubu has welcomed Nigeria’s 4.43 per cent Gross Domestic Product growth in the second quarter of 2026, describing the performance as further evidence that his
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Revenue generated by agencies under the Federal Ministry of Marine and Blue Economy rose by 160 per cent to N1.83 trillion in 2025, the Minister, Adegboyega Oyetola, has said.
Nigeria’s oil output is rising as losses through pipelines decline, with improved security, reduced
Ten years after Nigeria last attempted to establish the scale of illicit small arms in the country, the Federal Government is preparing a fresh nationwi
Central Bank of Nigeria (CBN) has called for greater adoption of alternative payment channels to expand access to financial services and stimulate economic activity.
Dangote Petroleum Refinery has raised its Premium Motor Spirit (petrol) gantry price by N20 per litre, from N1,165 to N1,185 per litre. The new price will take effect from midnight on
The African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has vowed to restore
Nigerian onion traders have resumed exports to Ghana after a dispute that disrupted cross-border shipments and left several trucks stranded was resolved following interventions by authorities and industry stakeholders.
Federal Government has set a target of generating and wheeling 6,000 megawatts of electricity before December 2026, Minister of Power Joseph Tegbe announced in Lagos while
Federal Government has introduced a major fiscal incentive for new deep offshore oil and gas projects, allowing contractors to begin profit-oil sharing at 70:30 in their favour, even
Dangote Petroleum Refinery and other local refineries could save between $246.6 million and $328.8 million in logistics costs if Nigeria’s proposed crude swap arrangement is implemented
Ferrari’s first fully electric production car, the Luce, has sold for a record $40 million at a charity auction in California.