Debt: Foreign Airlines, Companies Owe NAMA Over N67bn   Foreign airlines and other organisations owe the Nigerian Airspace Management Agency (NAMA) more than N67bn in unpaid charges, a debt burden that is deepening the financial strain on the country’s air navigation...

Dangote, Importers Clash as Petrol Stays Above N1,000   Fuel prices in Nigeria may not drop below N1,000 per litre any time soon unless importers decide to initiate a price war against the Dangote Petroleum Refinery. As crude prices crashed to about...

Nigeria’s Inflation Hits 15.93% Amid Oil Shocks – Report   Nigeria’s hard-fought, 11-month disinflation streak officially ground to a halt in March 2026, as a fresh wave of global energy disruptions forced headline inflation back on an upward trajectory, ultimately hitting...

Nigerian Equities Market Loses N2.39trn in July’s Opening Session   The Nigerian equities market resumed its bearish trend to open trading activities for the month of July, as sustained selling pressure weighed on investor sentiment. The All-Share Index lost 3,729.11 points, representing...

IMF Highlights Fiscal Gap in Nigeria’s Budgets   The International Monetary Fund (IMF) has revealed that Nigeria left approximately two per cent of its Gross Domestic Product in public spending unrecorded within recent official budgets, obscuring the true extent of the...

FG Stops Unverified Constituency Project Payments from MDAs   The Federal Government has directed all Ministries, Departments and Agencies to immediately stop processing payments for constituency and zonal intervention projects unless they obtain a Certificate of Verification and Compliance from the...