Hafsat Ibrahim

United Nigeria Airlines Plans 11 Aircraft Expansion

Nigeria is set to play a bigger role in the global aircraft acquisition and leasing market, as local airlines and state governments conclude plans for new fleet expansions.

IPMAN Seeks $10bn for Refinery Project

The Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to shop for a credit facility to establish its $10 billion refinery.

Dangote Signs $400m Deal for Refinery Expansion

Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery.

Exports Account for 35% of Nigeria’s Gas Output in 2025

Nigeria produced 2.71 trillion standard cubic feet (scf) of gas in 2025, with exports accounting for nearly 35% of total output, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

FG to Raise N800bn in February Bond Auction

The Debt Management Office (DMO) has announced plans to raise ₦800 billion through its February 2026 Federal Government bond auction, a sharp increase compared to the ₦350 billion offered in February 2025.

NRS Rolls Out E-Invoicing System for Businesses

The Nigeria Revenue Service (NRS) has begun the phased rollout of its electronic invoicing and fiscal monitoring system, designed to strengthen tax administration, improve transparency, and encourage voluntary compliance.
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