Economists and policy analysts are sharply divided over the real benefits of the £746 million (about $991 million) export finance guarantee extended by the United Kingdom to Nigeria for the rehabilitation of key port infrastructure in Lagos.

The Dangote Petroleum Refinery has expanded its regional footprint with the export of 12 cargoes of refined petroleum products, totalling 456,000 tonnes (about 608 million litres), to five African countries.

The Central Bank of Nigeria (CBN) says it is on track to reduce inflation to single digits as part of its transition to an inflation-targeting monetary policy framework.

Three months after the Federal Government issued a ₦501bn bond to settle longstanding electricity debts, power generation companies (GenCos) say they have yet to receive any payment.

Nigeria’s airlines are bracing for a sharp rise in airfares after the cost of aviation fuel (Jet A1) surged by more than 100%, driven by the Middle East crisis that has disrupted global crude oil supply.

Nigeria’s financial markets opened 2026 with strong momentum as FMDQ Group recorded a total turnover of ₦60.77tn in January, driven largely by foreign exchange activity.