Politics

Geoffrey Nnaji, Nigeria’s Minister of Innovation resigns amid controversy

October 7, 2025

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Nigeria’s Reps to regulate crypto and POS operations

October 7, 2025

President Tinubu ends State of emergency in Rivers State

September 17, 2025

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General news on the economy and politics.

FG seizes Dan Etete’s luxury private jet linked to Malabu oil deal

by Chike Olisah

June 6, 2020

Dan Etete is alleged to have paid a total of $57 million for the jet in 2011, which was part...

NNPC, Domestic Crude Allocation, Why NNPC’s Duke Oil is quitting London operations for Dubai , NNPC divests stake in four oil wells to NPDC , How NNPC discovered oil, gas deposits in the North , Nigeria to leverage on condensate refineries to be petrol net exporter, How NNPC saved $3 billion from arbitration , NNPC, IPPG donate medical supplies to South West state governments, NNPC discloses bases for employment and managerial progression in the oil firm, NNPC diversifies into housing, power; plans to beat crude production cost to $10 per barrel

NNPC diversifies into housing, power; plans to beat crude production cost to $10 per barrel

by Ruth Okwumbu-Imafidon

June 5, 2020

The Nigerian National Petroleum Corporation (NNPC) has announced that it is building up business portfolios in the housing, power, and...

coping-with-possible-effects-of-fuel-subsidy-removal-in-nigeria

The conundrum in the retail pricing of PMS

by CSL Stockbrokers

Considering the landing cost of petrol is largely influenced by the prices of crude oil in the international market, we...

Reps move to probe why FG’s N3.4 billion solar power project failed,CEOs of MTN, Airtel, others risk arrest as Reps investigate foreign exchange frauds, Amid Coronavirus spread in Nigeria, lawmakers take delivery of exotic cars, NLC hastens House of reps to criminalise casualization of workers

NLC hastens House of Reps to criminalise casualization of workers

by Ruth Okwumbu-Imafidon

NLC has appealed with Speaker of the House of Representatives to hasten the labour act amendment and put an end to the...

Lagos orders removal of all unapproved street gates in the state to ease traffic, Sanwo-Olu to stop pension for former governors, deputies, #EndSARS: Judicial Panel of Inquiry and Restitution to include Lekki toll gate incident – Sanwo-Olu, Lagos approves resumption of all classes in public, private schools, Lagos takes major step towards delivery of Fourth Mainland Bridge, Lagos to construct rail line to airport terminal for international passengers, COVID-19: Lagos State to begin curfew on Sunday to disinfect metropolis, Lagos state government discharges 7 more coronavirus patients, Lagos state will reverse to full lockdown, Sanwo-Olu to virtually inaugurate projects as he presents scorecard of first year in office, Lekki regional road: Sanwo-Olu revokes land titles of Elegushi Royal family, Lagos pays N1.3 billion into the RSA of 246 retirees, Lagos State to empower 2.5 million youths in Arts and Crafts, Governor Sanwo-Olu appoints new Commissioner for Physical Planning and Urban Development

Lekki regional road: Sanwo-Olu revokes land titles of Elegushi Royal family

by Ruth Okwumbu-Imafidon

Babajide Sanwo-Olu to reclaim the encroached alignments of the Lekki Regional Road, the state government has revoked the land titles

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira

by Olumide Adesina

Nigeria's foreign exchange reserves now stand at $36.57 billion, having increased sharply from $33.42 billion as of April 29, 2020.

Lagos discloses strategies to best manage revenue in COVID-19 era, reduces land use charge

by Chike Olisah

Dr. Rabiu Olowo disclosed strategies adopted by the state to keep its finances intact and optimize the revenue potentials

Latest Nigeria’s Manufacturing PMI vs Non Manufacturing PMI (Updated September 2018)

Manufacturing PMI slide into recession territory

by Nairametrics

This is the first clear data-driven sign that Nigeria is in a recession.

Where next for oil prices?, Brent crude futures gained 0.14 to trade at $34.70 at the time this report was drafted, recovering some of its losses earlier in the oil trading session. , Brent crude price fails to remain over $40, concerns over pledge cut strengthens

Brent crude price fails to remain over $40, concerns over pledge cut strengthens

by Olumide Adesina

Brent crude lost 1.14 %, to trade at $39.38 a barrel at 3.40 am Nigerian time, failing to stay over...

Saudi Arabia and Russia agree to extend output cuts with a condition

Saudi Arabia and Russia agree to extend output cuts, but there’s a condition

by Chike Olisah