Blackout Looms as Gas Firms Cut Supply Over N3.3tn Debt Nigeria’s electricity crisis may worsen in the coming weeks as gas suppliers halt supply to thermal power plants over an estimated N3.3tn debt owed by power generation companies, a development...

FG Targets Food Security with N250bn Agric Credit, 2.15m Fertiliser Bags The Federal Government says it has deployed about N250 billion in agricultural credit and released 2.15 million bags of fertiliser to support farmers and boost food production across the...

Reps Direct FAAN to Recover Foreign Airlines’ N18.9bn Debt The House of Representatives Committee on Finance on Tuesday gave the Federal Airports Authority of Nigeria (FAAN) two weeks to recover the over N18.98billion debt foreign airlines owed the country. Chairman of...

Bonga Project Approval to Unlock $20bn Oil Investments - FG President Bola Tinubu has approved a targeted fiscal incentive package aimed at unlocking the long-delayed Bonga Southwest Aparo deepwater project, a development expected to attract about $20bn in foreign direct...

Crude Export Drop Pushes Trade Surplus Down to N1.7tn Nigeria’s merchandise trade surplus fell sharply to N1.71tn in the fourth quarter of 2025, down from N3.42tn recorded in the corresponding period of 2024, as declining crude oil exports and rising...

CBN Extends Deadline for Banks’ Anti-Money Laundering Compliance The Central Bank of Nigeria has given Deposit Money Banks 18 months to fully comply with its new baseline standards for automated anti-money laundering solutions, while other financial institutions have 24 months...