S’Africa Leads as Africa’s Top Fuel Importer - Report Nigeria has relinquished its long-held position as Africa’s largest importer of refined petroleum products following the ramp-up of operations at the Dangote Petrochemical Refinery, a new report has stated. South Africa has now overtaken Nigeria as the...

Senate Passes ₦1.81tn 2025 FCT Budget The Senate has passed the 2025 FCT Statutory Appropriation Bill, authorising a total expenditure of about ₦1.81 trillion for the Federal Capital Territory for the 2025 fiscal year after a third reading. The passage followed the presentation of the joint...

Ex Minister Unveils FCC Vision for Africa’s Rebirth at Rotary DisCon 2025 Former Aviation Minister and Chancellor of the Athena Centre, Chief Osita Chidoka, has called on African leaders to embrace fundamental values and discipline as the foundation for national transformation. He made this known during...

Naira Holds Firm Against Dollar in Parallel Markets ‎‎The naira steadied against the US dollar on Wednesday, in the parallel market. ‎A source at the Abuja black market told Economic Confidential that as of May 28, the naira was trading at ₦1,605/$1 for buying and ₦1,615/$1...

Tinubu Appoints New Governing Council for UNIABUJA, UNN, NAU  President Bola Ahmed Tinubu has approved the appointment of new members to the governing councils of the University of Abuja (UNIABUJA), University of Nigeria, Nsukka (UNN), and Nnamdi Azikiwe University, Awka (NAU). This disclosure was made known...

Oil Companies to Pay $300 Helicopter Landing Levy - Keyamo The Federal Government has reinstated the $300 offshore helicopter landing levy, shifting the burden of payment from helicopter operators to oil companies. This development was revealed by the Minister of Aviation and Aerospace Development, Festus Keyamo,...