Oil Tax Revenue Rises 41.7% to N3.69tn Improved crude oil production and better compliance from oil companies have pushed Nigeria’s oil tax revenue to N3.69tn in the first half of 2025. This represents a 41.7 per cent increase over the N2.604tn collected in the same period...

Data from the downstream regulator of the oil sector has revealed that marketers have resumed large-scale importation of refined petroleum products, choosing not to patronise local refineries.

FG's FX Windfall Crashes by 73% to N589bn in Six Months   Revenue from foreign exchange rate gains crashed by 73 per cent in the first half of 2025, falling to N589.45bn from N2.199tn recorded in the same period of 2024, signalling a major shift in...

From Farm to Foreign: Nigeria's Economic Missteps By Shamsudeen Ibrahim When former President Muhammadu Buhari and his late Chief of Staff, Abba Kyari, championed the mantra "We must eat what we produce," critics dismissed them as out of touch. The administration enforced border controls, restricted food...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed concern over the inflationary implications of rising liquidity levels in the banking system.

FAAC Disburses N1.818 Trillion Allocation for June 2025 The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.818 trillion to the Federal, State, and Local Governments as revenue generated in June 2025, marking the highest monthly allocation so far this year. The record allocation...