Nigeria Attracts $3bn Investment in Solid Minerals Sector   The Federal Government on Wednesday disclosed that Nigeria’s solid minerals sector has attracted about $3bn in investments within the last three years, describing the inflow as one of the most significant...

Oil Exports Push Nigeria's Current Account Surplus to $4.98bn Nigeria’s current account surplus rose sharply by 255.7 per cent quarter-on-quarter to $4.98bn in the first quarter of 2026, driven by higher crude oil, gas and refined petroleum exports, as well...

FG Rules Out Fresh Taxes for Fuel, Telecom Sector   The Federal Government on Wednesday dismissed reports suggesting it had adopted or was considering the introduction of new taxes on telecommunications services and petroleum products following recommendations contained in the latest...

The burden of Posterity: Why I pray for Aliko Dangote. Once in a while, the universe gives us extraordinary human beings in different facets of life. They are not ordinary, and they do not fit in. They are outliers. They...

Again, Senate Extends 2025 Capital Budget Implementation to September   The Nigerian Senate has approved a three-month extension for the capital component of the 2025 Appropriation Act, shifting the deadline from June 30 to September 30, 2026. The move, adopted after a...

Oil Output Hits 1.53mbpd, Highest in 11 Months   Nigeria’s crude oil production rose to 1.53 million barrels per day (mbpd) in May 2026, the highest level since July 2025, according to the latest OPEC Monthly Oil Market Report. The figure represents...