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Unveiling the Real Beneficiaries of CBN’s Recapitalisation Exercise, by Rahma Olamide Oladosu Widely hailed as a landmark achievement, the banking recapitalisation exercise has captured the attention of policymakers, investors, and financial observers alike. Trillions of naira have been raised, capital thresholds have been successfully met, and the participation of both...

FG Unveils Platform to Bridge Government-Entrepreneur Gap

FG Unveils Platform to Bridge Government-Entrepreneur Gap The Federal Government has unveiled a new digital platform designed to bridge the...

‘Report Reveals 53% of Nigerians Don’t Save’

'Report Reveals 53% of Nigerians Don't Save' A startling new window into the financial habits of Africa’s largest economy has...

Banking Stocks Lift NGX by 0.28%

Banking Stocks Lift NGX by 0.28% The Nigerian equities market closed on a positive note during Thursday’s trading session as...

Insecurity, Power Outages Top Concerns for Businesses – CBN

Insecurity, Power Outages Top Concerns for Businesses - CBN Businesses across Nigeria identified inadequate electricity supply and insecurity as their...

FGN Unveils Savings Bonds for April

FGN Unveils Savings Bonds for April The Debt Management Office (DMO) has officially opened subscriptions for the April 2026 Federal...

Upstream Oil Sector Attracts $10bn in New Investments

Upstream Oil Sector Attracts $10bn in New Investments Nigeria’s upstream oil and gas sector is witnessing a resurgence in investor...

Maritime Revenue Surges to N1.83trn in Two Years – Oyetola

Maritime Revenue Surges to N1.83trn in Two Years - Oyetola The Minister of Marine and Blue Economy, Adegboyega Oyetola, on...

$24bn Investments Flow into Nigeria’s Oil Sector as Reforms Take Hold – NNPC

$24bn Investments Flow into Nigeria’s Oil Sector as Reforms Take Hold - NNPC The Nigerian National Petroleum Company Limited (NNPCL)...

Nigeria Loses ₦8bn Monthly to Grid Inefficiencies – NISO

The Nigerian Independent System Operator (NISO) says the country’s power sector is losing between ₦5bn and ₦8bn monthly due to transmission inefficiencies.

DisCos Collect N204bn, Lose N131bn in January

Nigeria’s electricity distribution companies (DisCos) collected ₦204.74bn in January 2026, representing a 76.34% collection efficiency, but still recorded losses of over ₦131bn due to billing and collection gaps.

Pipeline Security Boosts Oil Output to 1.84mbpd, NNPC Reveals

The Nigerian National Petroleum Company Limited (NNPCL) says crude oil production has risen from a historic low of 960,000 barrels per day in 2022 to an average of 1.71mbpd, peaking at 1.84mbpd in 2025, thanks to intensified pipeline security in the Niger Delta.

World Bank’s Fuel Import Call Divides Stakeholders

The World Bank’s call for Nigeria to reopen fuel imports has sharply divided downstream stakeholders, with marketers backing full deregulation while experts warn against undermining local refining.

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