Rahma Oladosu

REA Targets 500 Power Projects with N170bn 2026 Budget

REA Targets 500 Power Projects with N170bn 2026 Budget The Rural Electrification Agency (REA) has unveiled plans to execute more than 500 electrification projects in the 2026 fiscal year, as part of a N170bn budget proposal aimed at expanding reliable...

Nigeria Accounts for 52% of Africa’s US Crude Exports

Nigeria Accounts for 52% of Africa's US Crude Exports Nigeria accounted for about 52 per cent of Africa’s crude oil exports to the United States in 2025, according to the latest data from the US Census Bureau. Figures from the US...

Hajj 2026: No Medical Certificate, No Visa – NAHCON

‎Hajj 2026: No Medical Certificate, No Visa - NAHCON ‎ ‎The National Hajj Commission of Nigeria (NAHCON) has announced that the Kingdom of Saudi Arabia has made the submission of duly processed Medical Fitness Certificates a compulsory condition for the issuance...

CBN’s Rate Cut: A Calculated Turn Towards Growth, by Kabir Abdulsalam

CBN’s Rate Cut: A Calculated Turn Towards Growth, by Kabir Abdulsalam   After months of aggressive tightening, the Central Bank of Nigeria (CBN) has finally eased its grip. At its 304th Monetary Policy Committee (MPC) meeting held this week, the apex bank...

Analysts Support MPC’s Decision to Cut Rates by 50 Basis Points

Analysts Support MPC's Decision to Cut Rates by 50 Basis Points   Analysts have backed the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to cut the rate by 50 basis points. The stakeholders affirmed that...

NMDPRA Data Reveals Modular Refinery Struggles

NMDPRA Data Reveals Modular Refinery Struggles Nigeria’s modular refineries supplied an average of 2.37 per cent of the country’s diesel demand over the three months spanning November 2025 to January 2026, according to data compiled from the Nigerian Midstream and...
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