Power Sector Reforms Yield $2bn Investment, Slash Liabilities The Federal Government has said that the reforms introduced in Nigeria’s power sector under President Bola Tinubu’s Renewed Hope Agenda are beginning to yield measurable results, with improvements recorded across the electricity value chain. According to the government,...

FDI Lags Behind Amidst Surge in 2025 Capital Inflows   Foreign direct investment (FDI) accounted for less than four per cent of total capital imported into Nigeria in 2025, despite a significant increase in overall foreign inflows, data from the National Bureau of Statistics has shown. The...

Nigeria Loses N40trn Yearly to Blackouts - Report Nigeria loses about N40tn annually to poor electricity supply, the Nigerian Independent System Operator, an agency of the Federal Government, has said, warning that unreliable power remains one of the biggest constraints to economic growth, industrial productivity,...

ICPC Keeps Watch on N21.23trn Works Ministry Projects to Curb Corruption   The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has disclosed that it monitored projects valued at over N21.23tn under the Federal Ministry of Works as part of efforts to prevent corruption and...

Nigeria earned $31.54bn from crude oil exports in 2025, according to the Central Bank of Nigeria’s Balance of Payments report, marking a 14.41% decline from $36.85bn in 2024.

Nigeria’s food inflation rate rose to 12.12% in February 2026, reversing the single-digit level recorded in January and signalling renewed pressure on household food costs.