Nigerians Spent ₦1.58tn on Petrol in December 2025 — NMDPRA Nigerians spent an estimated N1.58tn on petrol in December 2025, based on official fuel consumption data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. According to the NMDPRA December fact sheet, average daily petrol...

CBN Offers ₦1.15tn Bills as Liquidity Surges, Borrowing Pressures Mount The Central Bank of Nigeria was expected to conduct its second Treasury bills auction for January 2026 on Wednesday, offering instruments worth N1.15tn, as strong liquidity in the banking system collides with rising borrowing needs...

FG Pushes Local Power Components to Cut Forex Use The Minister of Power, Adebayo Adelabu, has challenged the Energy Commission of Nigeria and the Rural Electrification Agency to deepen collaboration aimed at boosting local production of electricity components, cutting imports, and conserving foreign exchange. Adelabu said...

Danish Investors Commit $1.2bn to Nigerian Ports The Ambassador of Denmark to Nigeria, Mr Jens Hansen, has stated that the country, through APM Terminals, has invested approximately $1.2bn in Nigerian ports, with plans to make further investments to expand its operations. In a statement on Tuesday...

Nigeria Must Target Global Investors, Supply Chains to Drive Jobs — Okonjo-Iweala The Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, has said Nigeria must deliberately target global investors and supply chain relocations to drive job creation, deepen manufacturing, and reduce import dependence. She made...

Dangote Cement Obajana Plant Director Wins Host Communities’ Praise for Social Impact Community leaders and stakeholders in Kogi State have lauded the Plant Director of Dangote Cement Plc, Obajana, Engr. Azad Nawabuddin, for his exemplary commitment to grassroots development and the timely implementation of the...