PenCom Channels N28trn into Infrastructure Financing   The National Pension Commission (PenCom) has unveiled plans to establish a pension-backed investment consortium aimed at financing critical infrastructure projects using the industry’s asset base of over N28tn. The proposal was announced at the First...

Oil Royalties Increase by 88% Amid Govt's Revenue Boost   Oil and gas royalty collections by the Nigeria Revenue Service surged by N220.09bn in February 2026, a sharp increase of 87.6 per cent compared to January, following the implementation of Executive...

Marine Ministry Sees 160% Revenue Surge, Hits N1.83trn in 2025   The Minister of Marine and Blue Economy, Adegboyega Oyetola, has disclosed that the agencies under the ministry generated a total of N1.83tn in revenue in 2025. Adegboyega disclosed this on Thursday...

NSIA's Assets Hit N4.88trn, Shows Robust Growth The Nigeria Sovereign Investment Authority (NSIA)  has reported a rise in its net asset value to N4.88tn for the 2025 financial year, driven by improved earnings, disciplined investment strategy, and sustained growth across...

World Bank Boosts Nigeria’s Agriculture with $500m   The World Bank has approved a $500m International Development Association credit to boost Nigeria’s agricultural sector under a new programme targeting smallholder farmers, value chains, and food security. The funding will support the Nigeria...

Dangote Refinery Disputes Claims on Seven Cargo Allocation   Officials of the Dangote Petroleum Refinery are unaware of claims that seven crude cargoes have been allocated to it in May by the Nigerian National Petroleum Company Limited (NNPCL). Senior officials at the...