FG Demands Proof of Local Content Remittance from Oil Firms The Federal Government has directed upstream oil and gas operators to secure compliance certificates confirming their one per cent remittance to the Nigerian Content Development Fund. The Nigerian Content Development and...

Nigeria-BRICS Trade Hits N5.4tn in Q1 2025 Amid U.S. Tariff Threat Nigeria’s trade with BRICS countries jumped to N5.41tn in the first quarter of 2025, more than three times higher than the N1.54tn recorded from exports to the United States. This...

FG, Partners Launch $32.8bn Electricity Devt Plan The Federal Government has reiterated its commitment to setting the power sector on the path of sustainability and bankability by prioritising the different reforms being undertaken in the industry. This, it said, is...

US Reduces Visa Validity to Three-month for Nigerians The US government has announced that most Nigerians applying for non-immigrant visas will now only get single-entry three-month visas. The US Mission in Nigeria said this was to reciprocate Nigeria’s visa policy for...

Again, Dangote Refinery Slashes Petrol Price The Dangote Petroleum Refinery has reduced the price of petrol from N840 to N820 per litre. The N20 reduction came one week after the refinery dropped the price of the fuel from N880 to...

CBN Projects Inflation Hike as Production Costs Rise The Central Bank of Nigeria has warned that rising input costs across key sectors could spark a new wave of consumer price inflation, as businesses continue to absorb cost pressures that may...