Cardoso Commends Nigeria for Securing Permanent Seat on African Monetary Institute Board
Central Bank of Nigeria (CBN) Governor Mr. Olayemi Cardoso has praised the African Union's (AU) recent decision to formally confirm Nigeria's permanent participation on...
Consumer Prices Ease: Nigeria’s Inflation Now at 15.1%
From 15.15% in December 2025 to 15.10% in January 2026, Nigeria's inflation rate has somewhat decreased.
According to reports, this is predicated on the most...
Nigeria Stays Africa’s Largest Oil Producer as Production Improves
In January 2026, Nigeria's crude oil production climbed to 1.459 million barrels per day, solidifying its position as Africa's top oil producer even though...
N1,000/Litre Petrol Possible If Coastal Logistics Persist – Dangote
The Dangote Petroleum Refinery has issued a warning that Nigerian fuel prices could approach N1,000 per litre if the country continues to rely on...
IMF Forecast: Nigeria’s 2026 GDP Hits $334bn, Overtaking Algeria in Africa
According to the International Monetary Fund (IMF), Nigeria's GDP is expected to reach $334 billion in 2026, overtaking Algeria as Africa's third-largest economy.
Nigeria ranked...
Cargo Overload at Lagos Ports Causes Congestion, Inefficiency — Experts
Stakeholders in Nigeria's maritime sector have described the situation as operationally unsustainable and economically detrimental, attributing the ongoing traffic jams and inefficiencies at Lagos...
Market Cap Gains N9bn as Stock Market Starts February Strong
The Nigerian stock market yesterday commenced February 2026 trading activities on a positive note, as the major bench appreciated by 0.01 per cent.
The Nigerian...
N16.2bn Revenue Recorded by FG After Implementing Data Privacy Reforms
According to Dr. Vincent Olatunji, National Commissioner of the Nigeria Data Protection Commission (NDPC), data protection-related activities have brought in over N16.2 billion for...
Nigeria to Receive Over $10bn from UAE in Infrastructure, Agriculture, Tech — Investopia
According to Mr. Mohamed H. Alsuwaidi, the UAE's Minister of Investment, the country's public and private sectors are expected to spend more than $10...
Shippers’ Council in Talks with BoI Amid Push for Baro Port Activation
The Nigerian Shippers' Council (NSC) has revealed that it is willing to work with financial institutions, such as the Bank of Industry (BoI), to...
