The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has warned that the country can no longer rely mainly on borrowing to fund development, stressing the need for a sustainable fiscal system.

Four Nigerian banks, Access Bank, Union Bank, Stanbic IBTC, and Fidelity Bank , have published details of 321,181 dormant accounts following a directive from the Central Bank of Nigeria (CBN).

Power generation companies (GenCos) have urged the Federal Government and the Nigerian Independent System Operator (NISO) to name, disconnect, and prosecute firms and individuals caught stealing electricity along the Ikorodu–Sagamu transmission corridor.

2025 Nigeria exported 485.44 million barrels of crude oil in 2025, representing 82% of total production, according to a report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted over N322bn and $116.9m into the Federation Account within two months, following the implementation of Executive Order 9 signed by President Bola Tinubu in February 2026.

Global oil prices surged to $104 per barrel on Monday after peace talks between the United States and Iran collapsed, raising fears of renewed hostilities in the Middle East.