The development is based on the latest external reserves data released by the Central Bank of Nigeria (CBN) dated January 22, 2026.

‎Nigeria’s oil sector reforms are beginning to yield tangible results, with Chevron Nigeria Limited recording its third successful exploration discovery.

Nigeria’s newly established Office of the Tax Ombud has pledged to restore taxpayer confidence and strengthen voluntary compliance.

Again, National Grid Collapses as Power Generation Drops to 24MW The national power grid collapsed again on Wednesday, plunging parts of the country into darkness and disrupting electricity supply to millions of homes and businesses. Checks by PUNCH revealed that power generation fell sharply from over...

The Federal Government has allocated over N1.1 trillion to the power sector in the 2026 Appropriation Bill, an amount higher than the N900 billion budgeted for the sector in 2025. 

The Central Bank of Nigeria's (CBN) latest quarterly statistical bulletin reveals a 0.88% month-on-month increase and a 57.56% year-on-year growth compared to June 2024.