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CBN Projects 4.49% GDP Growth, 12.94% Inflation in 2026

The Central Bank of Nigeria (CBN) has unveiled an optimistic macroeconomic outlook for 2026, projecting real GDP growth at 4.49% and headline inflation easing to 12.94% on average.

Dangote Refinery Dismisses Shutdown Claims

The Dangote Petroleum Refinery has denied shutting down its petrol processing unit, saying it pumped 43.3 million litres of petrol into the market on Saturday.

NNPC Subsidiaries’ Debt Soars to N30trn

The Nigerian National Petroleum Company (NNPC) is struggling with N30.30tn in debts owed by subsidiaries, joint ventures, and related entities, a 70.4% increase from 2023, according to NNPC's 2024 audited financial statements.

Venezuela Crisis: OPEC+ Halts Plan to Increase Oil Supply in Q1

The Organisation of Petroleum Exporting Countries and its allies, (OPEC+) has decided to pause its planned oil supply increases through the first quarter of 2026, maintaining current production levels amid a global market surplus and uncertainty surrounding Venezuelan oil supplies. 

Nigeria Revenue Service Unveils New Logo, Marks Official Transition from FIRS

The Nigeria Revenue Service (NRS) has officially transitioned from the Federal Inland Revenue Service (FIRS) with the unveiling of its new institutional brand identity and logo,

New Tax Laws will Help, not Hurt Nigerians

We recognise the genuine challenges facing Nigeria’s aviation industry, particularly the burden of multiple taxes, levies, and regulatory charges.