‎Nigeria’s fragile electricity supply is costing the economy as much as N10 trillion every year, the Centre for the Promotion of Private Enterprise (CPPE) has warned, raising fresh concerns over the country’s structural exposure to energy-driven inflation.

Economists and policy analysts are sharply divided over the real benefits of the £746 million (about $991 million) export finance guarantee extended by the United Kingdom to Nigeria for the rehabilitation of key port infrastructure in Lagos.

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The Dangote Petroleum Refinery has expanded its regional footprint with the export of 12 cargoes of refined petroleum products, totalling 456,000 tonnes (about 608 million litres), to five African countries.

The Central Bank of Nigeria (CBN) says it is on track to reduce inflation to single digits as part of its transition to an inflation-targeting monetary policy framework.

Three months after the Federal Government issued a ₦501bn bond to settle longstanding electricity debts, power generation companies (GenCos) say they have yet to receive any payment.

Nigeria’s airlines are bracing for a sharp rise in airfares after the cost of aviation fuel (Jet A1) surged by more than 100%, driven by the Middle East crisis that has disrupted global crude oil supply.

Nigeria’s financial markets opened 2026 with strong momentum as FMDQ Group recorded a total turnover of ₦60.77tn in January, driven largely by foreign exchange activity.

The Nigeria Labour Congress (NLC) has rejected the Federal Government’s proposed ₦6tn bailout for power generation companies (GenCos), calling it a short-term fix that fails to address Nigeria’s chronic electricity crisis.

‎In Nigerian politics, ministers are appointed, reshuffled, and sometimes quietly removed. That is normal. What is not normal is for a cabinet member to move across three major economic portfolios within less than two years, without leaving the Federal Executive Council. Dr. Doris Uzoka-Anite has done precisely that.

The Dangote Petroleum Refinery has announced a fresh increase in petrol prices, raising Premium Motor Spirit (PMS) from ₦1,175 to ₦1,245 per litre, effective midnight, March 21, 2026.

The Federal Government has advanced plans for a $20bn transcontinental gas pipeline designed to deliver Nigeria’s natural gas to European markets.