NNPC Reports N5.7trn Profit, N60.5trn Revenue in 2025   The Nigerian National Petroleum Company LimitedNNPC) recorded a profit after tax of N5.76tn and total revenue of N60.517tn for the 2025 financial year, even as crude oil and condensate production declined to...

Senate Grills NBET's Survival on N60m Amidst N858bn Budget   The Senate yesterday queried how the Nigerian Bulk Electricity Trading Plc (NBET) managed to stay afloat in the 2025 fiscal year despite receiving only N60 million out of the N858 billion...

INEC Proposes N873.78bn Budget for 2027 General Elections The Independent National Electoral Commission (INEC) on Thursday informed the National Assembly that it requires N873.78bn to conduct the 2027 general elections. The agency also demanded N171bn to fund its operations in the...

Nigeria’s Oil Output Falls Short of OPEC Quota for Six Months   Nigeria failed to meet its crude oil production quota of 1.5 million barrels per day approved by the Organisation of the Petroleum Exporting Countries (OPEC) in the first month...

Capital Inflows Hit $21bn as Nigeria Intensifies Trade Strategy   The Federal Ministry of Industry, Trade, and Investment has unveiled plans to deepen trade facilitation and tighten policy execution in 2026, following a sharp rebound in capital inflows and export performance...

Banks Using Unaccredited Cheque Printers Risk N10m Fine - CBN   Deposit Money Banks risk a N10m fine and withdrawal of cheques from circulation if they engage unaccredited cheque printers, the Central Bank of Nigeria (CBN) has said. The apex bank disclosed...