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…
Explore updates on inflation rates, employment data, government policies, exchange rates, and business activity. Get expert insights into economic shifts and financial stability.
Tinubu’s Petroleum Industry Executive Order Sparks Transparency Debate
By Elizabeth Ugbo President Bola Ahmed Tinubu has issued a new petroleum industry directive in 2026. The order seeks to…
Nigeria Oil Revenue and Petrol Prices: Middle East Crisis Raises Fresh Concerns
By Elizabeth Ugbo Nigeria could earn higher oil revenue as tensions rise between the United States, Israel, and Iran, but…
Oil Prices Surge as US-Israel Strikes on Iran Threaten Global Economy
By Elizabeth Ugbo Oil prices are set to surge on Monday after US and Israeli forces struck Iran, escalating tensions…
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…
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…