The newly established African Energy Bank aims to mobilize $10 billion for strategic energy projects across Africa, with initial focus on Nigeria, Angola, and Libya to unlock stalled developments.
The Federal Accounts Allocation Committee disbursed N1.969 trillion from December 2025 revenue to all government tiers, with VAT receipts showing significant growth.
Nigerian Ports Authority MD Dr. Abubakar Dantsoho reaffirms FG's commitment to port modernization and private investment at Investopia Global Lagos Summit, emphasizing opportunities under AfCFTA.
Agora Policy reveals that weak competition and market concentration, not production costs, drive high cement prices in Nigeria despite surplus local capacity.
Nigerian petrol prices fell significantly in December 2025, with Oyo State emerging as the cheapest location for fuel purchases according to NBS data.
The Central Bank of Nigeria sold N8.5 trillion in Open Market Operation instruments in January, driving system liquidity into a N2.4 trillion deficit and pushing interbank rates higher.
Newly released documents reveal Jeffrey Epstein's associate explored accessing Libya's $80 billion frozen assets and positioning for $100 billion reconstruction contracts during 2011 uprising.
Andray Finance introduces an innovative SaaS platform using artificial intelligence to tackle unethical lending practices in Nigeria's digital credit market, promoting financial dignity and inclusion.
Petrol marketers warn Nigerians to prepare for irregular fuel supply due to rising import costs, heavy bank debts, and global oil price pressures that threaten to push pump prices higher.
The Nigerian naira shows remarkable strength as the US dollar crashes by N50 in the parallel market. Traders confirm new exchange rates for major currencies amid positive economic indicators.
Practical Nigerian money advice: Stop buying these 10 things to reach your financial goals faster. Learn how to control quiet spending and prioritize your future.
Public policy analyst Aderonke defends Nigeria's tax reforms as essential for economic stability, addressing legislative disputes and urging focus on implementation to boost revenue.
The Federal Government has directed state governments to begin sharing electricity subsidy costs through the Power Assistance Consumers Fund, replacing blanket subsidies with targeted support.
Nigeria's naira appreciated 3.6% in January, its strongest monthly performance in nearly two years, driven by foreign investor inflows and rising external reserves.
Nigeria exported 306 million barrels of crude oil in 10 months, with 69% of production going abroad while local refineries face severe feedstock shortages and shutdowns.
The Federal Government has launched a nationwide financial literacy program targeting 10 million Nigerians, with special focus on youth and women empowerment through digital skills and investment knowledge.
The Federal Government plans to end its solo funding of electricity subsidies, introducing a cost-sharing framework with state and local governments starting in 2026 to enhance transparency and sector stability.
Development Bank of Nigeria launches 2026 Entrepreneurship Training Programme offering ₦8.5 million in grants and free business training for Anambra MSMEs. Applications now open.
Latest NBS data shows significant drop in cooking gas prices across Nigeria in December 2025, with Katsina emerging as the cheapest state for both 5kg and 12.5kg cylinders.
Staple food prices including rice, beans, and garri have decreased significantly across Nigeria, providing much-needed relief to households after months of inflationary pressure.
The Nigerian Ports Authority participates in Investopia Global Lagos forum, highlighting infrastructure development and sustainable port operations to strengthen Nigeria-UAE economic relations.
The Transmission Company of Nigeria has scheduled a four-day preventive maintenance exercise at the Ife/Ondo Transmission Substation, causing temporary power outages in parts of Ondo State from February 2-5, 2026.
A heavily intoxicated passenger caused chaos on an AirAsia flight from Vietnam to Thailand by stripping to his underwear and attempting to jump from the aircraft before being apprehended.
Nigerian juice brand 5alive introduces bold new Mango and Cocopine flavors as part of a portfolio refresh aimed at connecting with the country's most expressive generation through vibrant taste experiences.
The Nigerian Meteorological Agency forecasts thunderstorms and rainfall across central and southern regions from Tuesday to Thursday, advising residents to take precautions.
First Abu Dhabi Bank reveals plans to establish a representative office in Lagos, marking its entry into sub-Saharan Africa with focus on Nigeria's infrastructure and energy sectors.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority alerts the public about fraudulent job offers circulating in its name, emphasizing no current recruitment exercise.
The World Bank has announced a major job vacancy for qualified Nigerians as Regional Industry Director for Infrastructure and Natural Resources in Africa. The position requires advanced qualifications and extensive experience.
A Nigerian wildlife expert dismisses claims that traditional plants like Bitter Kola can repel snakes, explaining they're attracted by rodents and poor sanitation instead.
Canal+ Africa CEO David Mignot confirms no immediate DStv price increases post-takeover, promises expanded content library and reviews Showmax's future amid streaming competition.