Adebayo Adelabu, Minister of Power, has announced ongoing government efforts to resolve gas constraints that continue to affect the power supply in Nigeria.

The World Economic Forum (WEF) has postponed its upcoming Global Collaboration and Growth Meeting in Jeddah, citing escalating regional tensions linked to the Iran conflict.

Nigeria is ramping up efforts to strengthen crude oil production, with the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), Bashir Bayo Ojulari, projecting an incremental increase of about 100,000 barrels per day (bpd) in the coming months.

The Federal Government has inaugurated the Governing Board of the National Pension Commission (PenCom), tasking members to safeguard over ₦28tn in pension assets under the Contributory Pension Scheme.

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.

The European Union has announced a €288 million support package for Nigeria, targeting healthcare, agriculture, finance, migration, climate, and digital public infrastructure.