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CBN Directs IMTOs to Adopt Naira Settlement for Diaspora Inflows

The Central Bank of Nigeria has moved to tighten oversight of diaspora inflows, directing all international money transfer operators (IMTOs) to route transactions through designated naira settlement accounts in banks in a bid to improve transparency and deepen liquidity in the official foreign exchange market.

Aviation Stakeholders Divided Over FCCPC Price Fixing Report

Stakeholders and professionals in the aviation industry have adopted differing positions regarding the allegation that some airlines were involved in price fixing during the last festive season in Nigeria.

Adelabu Assures Power Supply Restoration Within 14 Days

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

World Economic Forum Postpones S’Arabia Meeting Amid M’East Tensions

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.

NNPC Targets Additional 100,000bpd as Nigeria Moves to Boost Oil Output

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.

FG Inaugurates PenCom Board as Pension Assets Cross N28trn

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.

Crude Oil Earnings Fall 14% to $31.5bn in 2025

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.

EU Commits €288m to Healthcare, Agriculture, Digital Growth in Nigeria

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

REA Disburses N3.2bn for Bauchi Mini-Grids

The Rural Electrification Agency (REA) has disbursed ₦3.2bn to Zanoplus for the deployment of solar mini-grid projects across Bauchi State, marking another step in its mission to expand energy access in underserved communities.

‎Unstable Power Grid Drains Up to N10trn Annually from Nigeria’s Economy – CPPE

‎Nigeria’s fragile electricity supply is costing the economy as much as N10 trillion every year, the Centre for the Promotion of Private Enterprise (CPPE) has warned, raising fresh concerns over the country’s structural exposure to energy-driven inflation.

Experts Divided Over $991m UK Export Finance Deal for Nigeria’s Ports

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.

Billions Budgeted, Clinics in Ruins: Inside the Crisis Endangering Mothers and Children in Kano’s PHC System

Billions Budgeted, Clinics in Ruins: Inside the Crisis Endangering Mothers and Children in Kano’s PHC System By Hauwau Sani In a...

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