NEITI Reveals Oil and Gas Industry's $6.1bn Debt to FG   The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the oil and gas industry owes the federal government a whopping $6.1 billion in outstanding liabilities as of August 2024. These...

Manufacturers Push for DisCos Review Amidst Proposed Tariff Hike   The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to review the performance of electricity distribution companies in light of their investment in distribution infrastructure, following reports of...

NPA Proposes 15% Tariff Hike, May Trigger Fresh Price Increase   The Nigerian Ports Authority (NPA) has announced plans to implement a 15% increase in its tariffs, marking the first review in over three decades, since 1993. According to the NPA,...

Nigeria's GDP Per Capita Drops to $835, Says IMF   According to the International Monetary Fund (IMF), Nigeria's economic performance has taken a hit, with the country's Gross Domestic Product (GDP) per capita decreasing by 4.74% to $835.49 in 2025, compared...

Naira Redesign: Reminiscing on Lessons Learnt from a Controversial Policy, by Rahma Olamide Oladosu   In late 2022, the Central Bank of Nigeria (CBN) introduced an ambitious policy to redesign the naira, targeting three major denominations: ₦200, ₦500, and ₦1,000 notes....

How CBN's Youth-friendly Policies will Drive Economic Growth - Cardoso   The Central Bank of Nigeria (CBN) has pledged to develop different youth-friendly credit policies and capacity-building programs to encourage innovation and foster economic growth. At the Youth Action Event in Abuja...