Nigerian economy
FG Raises N501bn Bond to Begin Settlement of Power Sector Debts
The Federal Government has raised N501.02 billion from the bond market to commence the settlement of outstanding debts owed to power generation companies...
Customs Records N7.28trn Revenue in 2025, Exceeds Target by N697bn
The Nigeria Customs Service (NCS) has announced a total revenue generation of N7.28 trillion for the 2025 fiscal year, exceeding its annual target...
DIBAN, Labour Unions Protest NAFDAC Ban on Sachet Alcohol in Lagos
The Distillers and Blenders Association of Nigeria (DIBAN), alongside organised labour and industry workers, on Friday staged a protest at the Lagos office...
Nigerian Customs FOU Zone D Intercepts Smuggled Goods Worth N229m in Bauchi
The Federal Operations Unit (FOU) Zone ‘D’ of the Nigeria Customs Service (NCS), Bauchi, has recorded a significant breakthrough in its ongoing anti-smuggling...
Shell’s $5bn Bonga South-West Project Secures Presidential Backing
President Bola Tinubu has approved targeted incentives to unlock Shell’s long-delayed $5bn Bonga South-West deep-offshore oil project, signalling renewed government commitment to attracting...
Nigerians Spent N1.58tn on Petrol During Yuletide — Report
Nigerians spent an estimated N1.58 trillion on petrol in December 2025, reflecting heightened fuel consumption during the Yuletide period, according to official data...
CBN Projects Stronger Growth, Lower Inflation as Nigeria’s Economy ilises
Nigeria’s economy is beginning to show signs of renewed stability, with the Central Bank of Nigeria (CBN) projecting stronger growth, easing inflation and...
SEC Raises Capital Requirements in Major Overhaul of Nigeria’s Capital Market
Nigeria’s Securities and Exchange Commission (SEC) has announced a sweeping revision of minimum capital requirements for capital market operators, marking the most significant...
Taiwo Oyedele Says Tax Reform Role Exposes Him to Life-Threatening Risks
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has revealed that his involvement in implementing comprehensive tax...
NBS to Normalise December 2025 Inflation Data Over Rebasing-Induced Spike
The National Bureau of Statistics (NBS) has announced plans to “normalise” Nigeria’s inflation data for December 2025 following projections of a sharp spike...
