Oil Tax Revenue Rises 41.7% to N3.69tn Improved crude oil production and better compliance from oil companies have pushed Nigeria’s oil tax revenue to N3.69tn in the first half of 2025. This represents a 41.7 per cent increase over the N2.604tn collected in the same period...

FG Strengthens Local Energy Supply Chain The Federal Government has said it is taking concrete steps to build a resilient local energy supply chain to cushion Nigeria against global disruptions that have increasingly threatened the stability of cross-border energy operations. Speaking at the 2025 Nigeria Annual...

Works Minister: Tinubu Has Invested Over ₦1trn in S/East Roads Alone Minister of Works, Engr. David Umahi, has revealed that the present administration led by President Bola Tinubu has treated the people of the South-East zone fairly in terms of roads, bridges, and infrastructural development. The...

‎Abuja Dethrones Lagos as Nigeria’s New Foreign Investment Capital ‎In a historic economic shift, Abuja has overtaken Lagos as Nigeria’s top destination for foreign capital inflows in the first quarter of 2025. According to the latest report from the National Bureau of Statistics (NBS), the...

NBS: Nigeria's Capital Importation Surge 67% to $5.64bn in Q1 2025 - Report  Nigeria recorded a significant rise in capital Importation in the first quarter of 2025, with inflows climbing by 67.12 percent to $5.6 billion compared to $3.4 billion recorded in the same period...

Palm Oil Imports Drop 26% as Local Production Rises  The National Bureau of Statistics report shows that Nigeria’s crude palm oil (CPO) imports fell by 26.2 percent in 2024, driven by a surge in local output following increased investments in domestic production. Nigeria’s CPO import declined...