Hafsat Ibrahim

Nigeria’s Green Bond Borrowing Jumps by N47bn

Nigeria recorded $112 billion in foreign exchange inflows in 2025, according to a new report by the Financial Markets Dealers Association (FMDA).

Nigeria Attracted $112bn FX Inflows in 2025

Nigeria recorded $112 billion in foreign exchange inflows in 2025, according to a new report by the Financial Markets Dealers Association (FMDA).

Ex-Power Minister Jailed 75 Years for N33.8bn Fraud

A Federal High Court in Abuja has sentenced former Minister of Power Saleh Mamman to 75 years in prison after convicting him of fraud and money laundering involving N33.8 billion.

EFCC Arrests Energy Commission DG Over N500bn Fraud

The Economic and Financial Crimes Commission (EFCC) has arrested Mustapha Abdullahi, Director-General of the Energy Commission of Nigeria (ECN), over alleged money laundering offences involving more than N500 billion.

Oil Output Rises to 1.66mbpd in April – NUPRC

Nigeria’s oil production rebounded in April 2026, averaging 1.663 million barrels per day (bpd) of crude and condensates, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

Dangote Refinery Exports 1.66bn Litres in April

The Dangote Petroleum Refinery & Petrochemicals exported about 1.66 billion litres of refined petroleum products in April 2026, according to fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
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