Manufacturers Blame High Interest Rates for N746bn Export Slump   The Manufacturers Association of Nigeria (MAN)  has decried the high interest rates by banks as manufacturing exports crashed from the last peak of N1.04tn in the third quarter of 2024 to...

N12.9trn Worth of Crude Exported as Local Refiners Starve   Oil producers exported crude oil and other petroleum products worth N12.96tn in the first quarter of 2025, even as domestic refineries continue to suffer from poor feedstock supply. This is despite the...

FG to Withdraw Oil Licenses from Non-Active Operators   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has told oil producers that it is set to implement the ‘drill or drop’ policy. The Chief Executive of the NUPRC, Gbenga Komolafe, disclosed this...

Civil Society Pushes for Transparency and Reform in Nigeria’s Defence Sector   Civil society organisations have renewed calls for transparency, accountability, and urgent reforms in Nigeria’s defence and security sector. This follows a two-day capacity-building workshop held in Port Harcourt, Rivers...

As the “Headmaster” Heads Nigeria’s Economy out of the Woods, by Rahma Olamide Oladosu   When Olayemi Cardoso was appointed as the Governor of the Central Bank of Nigeria, the atmosphere was thick with skepticism and unrest. Nigeria’s financial terrain at...

Dangote Hails Tinubu’s Bold, Historic Economic Reforms ‎ ‎Africa’s richest man, Aliko Dangote, has praised President Bola Ahmed Tinubu for implementing what he described as bold and visionary economic reforms, saying they have significantly reduced the strain on Nigeria’s public resources. ‎ ‎Speaking...