Category: Economy

Nigeria lack capacity to supply Dangote Refinery 700,000bpd- Finance Minister

          Dangote Refinery •PSC, royalties, contracts limit availability •Rules out discounted crude for refiners   The Federal...

Latest World Bank report, another evidence that our reforms are working -Tinubu

    ..promises better living condition for Nigerians     President Bola Ahmed Tinubu has welcomed the World Bank’s October 2026 Nigeria...

Review: Access, Zenith, UBA lead NGX trading with N50.52bn

                          Access Holdings Plc, Zenith Bank Plc and United Bank for Africa (UBA) Plc led...

FG reaffirms its commitment to fiscal policy as Fitch revises Nigerias outlook to positive -Oyedele

      Finance Minister and Coordinating Minister of Economy, Taiwo Oyedele, has declared its commitment to on going fiscal policy in view of the recent...

Fuel discount promo not restoration of subsidy – NNPC Ltd.

        The Nigerian National Petroleum Company (NNPC Ltd.) Limited has clarified that its fuel discount initiative is a temporary customer relief...

Emefielegate: Finance Ministry Unaware of N124.86bn CBN Withdrawal-Witness  

Godwin Emefiele,for CBN Governor   A prosecution witness of the Economic and Financial Crimes Commission, Ali Mohammed, has, on Tuesday, told the Federal Capital...

Chevron announces plan to relinquish interests in Hess Midstream and DJ Basin Crude Midstream Assets

        Chevron Corporation (NYSE: CVX) announced today that several of its subsidiaries have entered into a series of definitive agreements with...

World ​‌‌‍⁠‍‍⁠⁠‍​​⁠‍​​​‌‌​Bank upgrades Nigeria outlook, says reforms improving economy

    Upgrade   The World Bank has upgraded Nigeria’s economic outlook, citing improving macroeconomic management and reforms as growth strengthens across...

Nigeria’s crude production rises to 1.821m bpd reflecting improved upstream activities— FG

    ​‌‌‍⁠‍‍⁠⁠‍​​⁠​‍‌⁠⁠‌​ Senator Heineken  Lokpobiri Production   Sen. Heineken Lokpobiri, the Minister of State...

*AI, the next Colonialism: Where Will Nigeria be in Ten Years ?*

    Nigeria may be standing before one of the greatest economic opportunities, or one of the most expensive mistakes in our history.   The African...