Politics

President Tinubu ends State of emergency in Rivers State

September 17, 2025

Speaker directs investigation into alleged unfair recruitment exercise in National Assembly

August 31, 2025

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General news on the economy and politics.

Crude oil prices rally as investors remain optimistic about oil production cut ,Brent Crude continues to rally as businesses resume around the world, Brent crude,, Petrol: OMCs to resume importation of Petrol, Crude oil prices drop, geopolitical tension strengthens, OPEC and Alliance Output Cut are not enough to mitigate Brent’s Oversupply Issues, Brent crude falls, global investors fear strengthened on resurgence of COVID-19 cases, Brent crude drops, as COVID-19 caseloads rise in the world’s largest economies

Petrol: OMCs to resume importation of Petrol

by CSL Stockbrokers

Petroleum Products Pricing Regulatory Agency says that permits had been given to several OMCs to start importing petrol alongside the...

Nasir El Rufai, Milk production, El Rufai, El-Rufai opens Kaduna state borders, Nigeria’s tax potentials remain untapped- Governor El-Rufai

El Rufai declares zero RoW charges for broadband infrastructure in Kaduna

by Ruth Okwumbu-Imafidon

Commenting on the development, the Minister of Communications, Isa Pantanmi, stressed that the COVID-19 pandemic has brought to the fore...

Crude oil in Nigeria, Oil producing states in Nigeria, Department of Petroleum Resources, DPR yet to recognise Anambra Enugu and Kogis States as oil producers, West Africa’s crude inventory is building up as demand slows due to Coronavirus, Oil at $26, as Saudi Arabia in no retreat no surrender oil battle with Russia, Crude oil prices fall to $30 as COVID-19 erases gains from oil production cuts, Crude oil prices surge higher as Brent crude hits almost $30 per barrel , Brent crude plunges 5%, world’s second largest economy skips economic growth target

Brent crude plunges 5%, world’s second largest economy skips growth target

by Olumide Adesina

Brent crude lost 5.50%, to trade at $34.05 a barrel by 6 am Nigerian local time after gaining nearly 1% on Thursday.

FG warns Nigerians about on-going N3million COVID-19 grant scam, IMF, World bank loans, Over 56% of 2019 budget expenditure was released for capital projects , FG changes decision to sell stake of oil assets in JVs, Finance Bill: Nigeria exempts small businesses from Company Income Tax , Finance Bill is for the good of Nigerians – Finance Minister, Zainab Ahmed, Nigeria, five other West African countries reject ‘Eco’ as ECOWAS single currency, FG rejects calls for tax reduction, tax relief for donors to intervention funds, Nigerian economy going into recession, might contract by -8.9% - Finance Minister, Nigeria to spend $33.20 billion in 2021 up 17.2%, will spend 25% of budget on debt servicing - Finance Ministry, COVID -19: FG accesses $750m loans from World Bank for states

Nigerian economy going into recession, might contract by -8.9% – Finance Minister

by Chike Olisah

Zainab Ahmed admitted that the crash in crude prices would negatively affect the country’s revenue and foreign exchange earnings.

Currency outside banks drop to N788.9billion in January 2023

CBN shifts MPC meeting to Thursday

by Abiola Odutola

MPC meeting was shifted due to the public holidays the Federal Government declared, which coincide with the old dates chosen...

Ekiti Knowledge Zone approved as Free Trade Zone by FG

Nigeria’s inflation rate rises to 12.34% as COVID effects bite harder

by Samuel Oyekanmi

Data from the National Bureau of Statistics (NBS) reveal that Nigeria’s inflation rate increased by 12.34% (year-on-year) in April 2020....

Lagos Medical workers call off strike, as IG sends strong warning to security agencies

by Ruth Okwumbu-Imafidon

“The force is not oblivious of the sensitive, indispensable, patriotic and front line role of the nation’s workforce that falls within the...

Chinese debt trap, Nigerian Economy: Solution To Fixing Buharinomics

Nigeria is falling into China’s debt trap

by Abiola Odutola

Nigeria lacks accountability, transparency, and responsibility to refund its loans, according to Dr Bongo Adi, the Director of Centre for...

Banks' stakeholders express 4 main concerns bothering the sector right now, CBN, MARKET UPDATE: CBN’s historic agriculture lending; Is it yielding the desired results?

CBN discloses conditions for assessing N100 billion credit facility, addresses ‘process problems’

by Chike Olisah

The operations of this scheme have not been as smooth as expected, because some operators in the sector have been...

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%

Naira weakens against the dollar at I&E window, as CBN resumes dollar sales to BDCs

by Chike Olisah