NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Top Stories

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Oil and Gas

NNPC remits $29.3m, N2.07bn oil and gas revenue to FAAC

May 13, 2026 • By Yakubu Ibrahim

THE Nigerian National Petroleum Company (NNPC) Limited says it remitted $29.28 million from crude oil and gas export…

Capital Market

Dangote eyes $50bn refinery valuation ahead of planned IPO

May 12, 2026 • By Yakubu Ibrahim

AFRICA’S richest man, Aliko Dangote, is seeking a valuation of as much as $50 billion for his refinery…

Economy

Nigeria in line for $1.5bn World Bank loan next month as debt piles

May 12, 2026 • By Economy Post

THE World Bank is set to release nearly $1.5 billion to Nigeria in June to boost investment and…

Sanusi questions Nigeria’s borrowing despite subsidy removal

Economy

Sanusi questions Nigeria’s borrowing despite subsidy removal

Apr 24, 2026 • By Yakubu Ibrahim

MUHAMMADU Sanusi II has raised concerns over Nigeria’s continued reliance on borrowing, despite the government’s decision to scrap petrol subsidies.…

Oil and Gas

NNPC remits $29.3m, N2.07bn oil and gas revenue to FAAC

May 13, 2026 • By Yakubu Ibrahim

THE Nigerian National Petroleum Company (NNPC) Limited says it remitted $29.28 million from crude oil and gas export…

Oil and Gas

NNPC remits $29.3m, N2.07bn oil and gas revenue to FAAC

May 13, 2026 • By Yakubu Ibrahim

THE Nigerian National Petroleum Company (NNPC) Limited says it remitted $29.28 million from crude oil and gas export proceeds alongside N2.07 billion…

Business

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Sector Watch

Cadbury Nigeria appoints Ayman Gaafar as managing director

Real Sector and Manufacturing

Cadbury Nigeria appoints Ayman Gaafar as managing director

May 12, 2026 • By Stella Odiche

CADBURY Nigeria Plc has appointed Ayman Hussein F. Gaafar, also known as Ayman Fahmy, as its substantive managing…

sensors

Education

Nigerian govt bars honorary degree recipients from using ‘Dr’ title

Education

Nigerian govt bars honorary degree recipients from using ‘Dr’ title

May 6, 2026 • By Stella Odiche

THE Nigerian government has outlawed the use of the ‘Dr’ prefix by individuals who obtained honorary doctorate degrees,…

agriculture

Agribusiness

NSIA partners UK’s Asset Green Ltd to launch $496m integrated dairy project in Nigeria

Agribusiness

NSIA partners UK’s Asset Green Ltd to launch $496m integrated dairy project in Nigeria

Mar 18, 2026 • By Stella Odiche

…Ambitious agri-industrial investment aims to boost food security, modernise farming, and expand national dairy production THE Nigeria Sovereign…

cell_tower

Telecoms

Airtel Africa profit surges 147% to $813m on Nigeria tariff boost, data boom

Telecoms

Airtel Africa profit surges 147% to $813m on Nigeria tariff boost, data boom

May 9, 2026 • By Stella Odiche

AIRTEL Africa⁠ posted a sharp rebound in profitability for the financial year ended March 31, 2026, as higher…

construction

Infrastructure

Nigerian govt approves $2.99bn for rails spanning Lagos, Kano, Kaduna

Infrastructure

Nigerian govt approves $2.99bn for rails spanning Lagos, Kano, Kaduna

May 1, 2026 • By Stella Odiche

THE Federal Executive Council (FEC) has given the green light to a $2.99 billion package of rail projects…

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