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Nigeria Imports N435bn Solar Panels – NBS

Data from the National Bureau of Statistics (NBS) showed imports remained significant across all quarters, with values of ₦125bn in Q1, ₦117bn in Q2, ₦92bn in Q3, and ₦101bn in Q4.

Our Refinery May Export Products if Crude Imports Continue – Dangote

The Dangote Petroleum Refinery has assured Nigerians of adequate fuel supply, but warned that it may export products if it continues to rely on imported crude.  

Tinubu Approves 2 Additional Satellites for NIGCOMSAT

The Managing Director of the Nigerian Communications Satellite (NIGCOMSAT), Jane Egerton-Idehen, has announced that President Bola Ahmed Tinubu has approved two additional communication satellites, NIGCOMSAT 2A and 2B, for Nigeria’s space programme.

S’Arabia Warns Oil Could Hit $180 Amid Iran War Escalation

Saudi Arabia’s oil officials are privately warning that crude prices could surge beyond $180 per barrel if disruptions to global energy supplies caused by the Iran war persist past late April.

SMEs Face N48tn Financing Gap Despite Bank Reforms – Report

The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s small and medium enterprises (SMEs) face a ₦48tn financing gap, despite recent banking sector reforms.

U.S. Slashes Nigerian Crude Imports by 47%

The United States sharply reduced its imports of Nigerian crude oil in January 2026, with volumes dropping by 47.16% month-on-month, according to U.S. Census Bureau and Bureau of Economic Analysis data.