Kebbi govt approves N650 million transformer project to tackle power outages
Kebbi State Governor, Nasir Idris, has approved the release of N650 million for the procurement and installation of a 15MVA...
Private sector credit rises to N74.63tn after September rate cut
Private sector credit rose to N74.63 trillion in November 2025, signalling an early rebound in lending activity following the Central...
Nigeria’s money supply jumps to N122.95 trillion in November 2025
Nigeria’s broad money supply (M3) surged to N122.95 trillion in November 2025 from N119.04 trillion in October, signalling a continued expansion in...
Naira ends 2025 at N1,429/$1, first annual gain after 13 years
The Nigerian Naira ended 2025 at N1,429/$, gaining 7.4%. This is also the first annual gain following 13 years of...
NNPC Ltd plans new oil fields, targets $30bn investment by 2030
The Nigerian National Petroleum Company Limited (NNPC Ltd) plans to develop new oil fields from 2026 and aims to raise...
NNPC Ltd remits N12.12 trillion to FG in 10 months as profit climbs to N502 billion
The Nigerian National Petroleum Company Limited (NNPC Ltd) has remitted a total of N12.117 trillion in statutory payments to the...
CBN projects inflation to ease to 12.94% in 2026, sees bullish capital market outlook
The Central Bank of Nigeria (CBN) has projected that headline inflation will moderate to an average of 12.94% in 2026,...
Nigeria’s PMI rises to 57.6 points as CBN survey reports strongest 2025 expansion
Nigeria’s private sector expanded at its fastest pace in 2025 in December, with the Composite Purchasing Managers’ Index (PMI) rising...
Tinubu insists new tax laws will proceed as planned, dismisses calls for suspension
President Bola Tinubu has reaffirmed the Federal Government’s commitment to implementing Nigeria’s newly enacted tax laws as scheduled, rejecting growing...
NNPC Ltd. launches bid to sell stakes in oil and gas assets
The Nigerian National Petroleum Company (NNPC Limited) has launched a bid process to sell stakes in some of its oil...
