US–Iran War: How Rising Oil Prices and Middle East Disruptions Could Hit Nigeria’s Economy
By Elizabeth Ugbo Nigeria faces growing economic pressure as the United States–Iran conflict begins to disrupt global energy markets and…
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NCDMB Signs Management Deal for Radisson Hotel and Conference Center Yenagoa
By Elizabeth Ugbo The Nigerian Content Development and Monitoring Board (NCDMB) on Monday signed an International Management Agreement (IMA) with…
Fuel Price Hike in Nigeria: Petrol Nears N1,000 as Global Oil Shock Deepens Inflation Fears
By Elizabeth Ugbo Rising global oil prices have triggered fresh fuel hikes across Nigeria, as depot owners, marketers and the…
FG Unveils NEXTGEN Innovation Challenge 2026 to Drive Investment and Tech Growth
By Elizabeth Ugbo The Federal Government has unveiled the NEXTGEN Innovation Challenge 2026 in Abuja, with boot camps starting immediately…
Nigeria’s IDA Loan Exposure Rises to $18.7bn in 2025
By Elizabeth Ugbo Nigeria’s debt to the International Development Association (IDA) rose to $18.7bn as of December 31, 2025, according…
Dangote Petroleum Expands Refinery to Reduce Africa’s Import Dependence
By Elizabeth ugbo Dangote Petroleum, led by Managing Director David Bird, announced a $400,000-tonne Linear Alkaline Benzene (LAB) plant expansion…
Tinubu Halts NNPC Deductions as N2.1tn Oil Revenue Remittance Sparks Industry Concerns
By Elizabeth Ugbo President Bola Tinubu has ordered the Nigerian National Petroleum Company Limited to remit all oil and gas…
Open Budgeting and Climate Finance: Budget Urges Federal Reforms
By Elizabeth Ugbo BudgIT Foundation on Wednesday called on the Federal Government to strengthen climate finance reporting and budget transparency…
Naira Exchange Rate: Steady Performance Amid Strong Reserves and Inflationary Support
By Elizabeth Ugbo The Nigerian Naira maintained a steady performance against the US Dollar on Wednesday, February 25, 2026, in…
Nigeria’s External Reserves Hit $50.45bn, Highest in 13 Years – CBN
By Elizabeth Ugbo Nigeria’s gross external reserves climbed to $50.45 billion on February 16, 2026, according to the Governor of…