Dangote Refinery Saves Nigeria N10bn Yearly
Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.
Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.
President Bola Tinubu has forwarded 32 additional ambassadorial nominees to the Senate for confirmation. The list includes career diplomats and non-career appointees, with postings expected to strategic nations.
New RPI African Policy Index 2025 reveals Nigeria suffers one of Africa's largest trust gaps between policy delivery and citizen confidence. Discover the governance crisis and solutions.
Nigeria recorded $20.98bn foreign capital inflows Jan-Oct 2025, a 70% surge. CBN Governor Cardoso credits FX reforms for market stability and renewed investor confidence.
President Donald Trump states the US boycotted the G20 in South Africa over alleged human rights abuses against Afrikaners. Full details on the diplomatic fallout.
Former President Obasanjo defends Nigerians seeking international help against insecurity while calling for technology deployment. Read his response to Trump's military threat.
Nigeria's broad money supply increased to N119.04 trillion in October 2025, driven by rising domestic assets despite falling foreign reserves. Learn what this means for the economy.
Naira depreciates across all market segments as year-end FX demand intensifies. Expert analysis reveals why the pressure may continue through December despite rising external reserves.
Nigeria strongly condemns the military coup in Guinea-Bissau, demands immediate restoration of constitutional order and warns of regional consequences. Read Nigeria's full response.
Nigeria strongly condemns the military coup in Guinea-Bissau, calls for immediate constitutional restoration and warns coup plotters will be held accountable. Read full statement.
Nigeria strongly condemns the military coup in Guinea-Bissau, demands immediate restoration of constitutional order and safety of detained officials. Read the full details.
President Bola Tinubu nominates Kayode Are, Aminu Dalhatu, and Ayodele Oke as non-career ambassadors. Read their profiles and the significance for Nigeria's foreign policy.
CBN Governor Cardoso reveals Nigeria's FX market now records $500m daily turnover without central bank intervention, marking a new era of transparency and stability.
Nigeria achieves international accreditation milestone as NINAS recognition enables export certificates acceptance in 140+ countries, saving millions in forex and boosting MSMEs.
Colombian President Gustavo Petro reveals US pressure on Venezuela targets oil reserves, not drug trafficking. Exclusive analysis of geopolitical tensions in Latin America.
Vice President Kashim Shettima has returned to Abuja after representing President Tinubu at G20 and AU-EU summits, where he advocated for UN Security Council reforms and Africa-led security frameworks.
Vice President Shettima concludes diplomatic missions at G20 and AU-EU summits, advocating for UN Security Council reform and addressing Kwara security crisis. Read Nigeria's global stance.
The Trump administration announces $100 surcharge for foreign visitors to US national parks starting 2026. Annual passes triple to $250 for non-residents. Learn how this affects Nigerian travelers.
US President Donald Trump initiates process to designate Muslim Brotherhood chapters as foreign terrorist organizations. Executive order targets groups in Lebanon, Egypt, and Jordan.
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
CBN data reveals Nigerians spent $1.39 billion on overseas education in H1 2025, a 20% increase from 2024. This nearly equals Nigeria's entire 2025 education budget. Read analysis.
Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.
Economic experts advise the Nigerian government to reduce the Monetary Policy Rate and maintain policy consistency to stimulate investment and boost sustainable growth.
The Nigerian naira weakened significantly against the US dollar, closing at N1,456.72 despite rising foreign exchange reserves hitting a 7-year high. Get the latest market analysis and exchange rates.
US President Trump signals flexibility on Ukraine peace proposal as Geneva talks approach. Kyiv seeks changes to plan requiring territorial concessions and NATO restrictions. Read latest developments.
Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.
Nigeria's government cancels indigenous language teaching policy after WAEC, NECO failures surge. Education Minister cites evidence-based decision for English-only instruction.
CBN executives and economic experts emphasize urgent need for coordinated monetary and fiscal policies to achieve Nigeria's economic stability. Learn about the new framework.
US House Foreign Affairs Committee condemns terrorist attack on Kwara church, calls it reality Nigerian Christians face. Meeting held with Nigerian officials to address persecution.
Naira declines against US dollar despite Nigeria's foreign reserves reaching $46.7bn, a seven-year high. CBN Governor confirms economic improvements amid inflation slowdown. Read more.