State IGR Hits N5.15 Trillion as Lagos Leads 2025 Revenue Ranking
The State IGR generated by Nigeria’s 36 states and the Federal Capital Territory rose to N5.15 trillion in 2025, according to the latest report by the National Bureau of Statistics…
Flutterwave UNGA 81 Drives Africa’s Next Decade of Financial Growth
Flutterwave UNGA 81 will bring senior public and private sector leaders together as the African payments technology company seeks to shape discussions around the continent’s next phase of economic growth.…
CBN interest rate cut: Central Bank slashes interest rate to 23%
The CBN interest rate cut has reduced Nigeria’s monetary policy rate from 26.5 per cent to 23 per cent. Central Bank of Nigeria Governor Olayemi Cardoso announced the decision after…
Dangote Refinery: Dangote reveals plan to double capacity to 1.4m barrels per day
The Dangote Refinery could double its production capacity to 1.4 million barrels per day under the Dangote Group’s Vision 2030 plan, Aliko Dangote has said. The Dangote Group president made…
Crude Oil Prices Drop as Pressure Mounts on Nigerian Fuel Marketers
Crude oil prices fell at the weekend, putting Nigerian petroleum marketers and refiners under fresh pressure to reduce the price of Premium Motor Spirit (PMS), commonly known as petrol. A…
3MW solar hybrid power project powers Yakubu Gowon University as FG targets reliable electricity
The 3MW solar hybrid power project at Yakubu Gowon University, formerly the University of Abuja, has been commissioned by the Federal Government as part of efforts to provide more reliable…
NGX Manufacturers Hold N1.77tn in Unsold Goods
Manufacturing companies listed on the Nigerian Exchange Limited (NGX) entered the second quarter of 2026 with combined inventories of about N1.77 trillion, while their cost of sales reached N1.43 trillion.…
MRS Petrol Price Rises by N85 as Dangote Refinery Raises Gantry Price
The MRS petrol price has risen again after the filling station operator increased its pump price from N1,310 to N1,395 per litre in Abuja and surrounding areas. A market survey…
Crude Oil Prices Surge Above $101 as US-Iran Attacks Threaten Strait of Hormuz
Crude oil prices climbed above $101 per barrel on Thursday as attacks linked to the United States and Iran intensified around the Strait of Hormuz. Brent crude rose to $102.30…
NIS Intercepts 17 Irregular Migrants, Arrests Suspected Kidnappers With N34m
NIS intercepts 17 irregular migrants in Adamawa State as immigration officers also arrest two suspected kidnappers carrying N34 million allegedly paid as ransom. The Nigeria Immigration Service (NIS) said it…
