The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced an increase in Nigeria’s local fish production, saying the rise reflects renewed investment, stronger cooperation with coastal communities, and …
GOVERNMENT
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BusinessEconomyGOVERNMENTMaritime
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BusinessEconomyEnergyGOVERNMENTOil & GasRegulation
NUPRC Says $20bn Field Plans Approved to Boost Nigeria’s Oil Output
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has said the commission approved about $20bn worth of Field Development Plans within the last 10 months as …
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EconomyFinanceGOVERNMENTLagos NewsPoliticsPublic Policy
Sanwo-Olu Moves To Present N4.2tn Lagos Budget For 2026 As Assembly Confirms Notification
Governor Babajide Sanwo-Olu is preparing to present a proposed N4.2tn budget for the 2026 fiscal year to the Lagos State House of Assembly, marking another significant rise in the state’s …
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Capital MarketEconomyFinanceGOVERNMENTPensionRegulation
Nigeria’s Pension Assets Rise to N26.09tn as PFAs Deepen Investments in Government Securities
Nigeria’s pension fund assets continued their steady growth in 2025, rising by more than N4.71tn as of the end of the third quarter. This represents a 22.03 per cent year-on-year …
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AviationEconomyGhanaGOVERNMENTNational Security
Ghana to Procure Presidential Jet and Modern Helicopters Amid Safety and Budget Concerns
by Radarr Adminby Radarr AdminGhana’s Finance Minister, Dr Cassiel Ato Forson, has revealed that the Mahama administration has begun the process of purchasing a new presidential jet, even as President John Mahama completes his …
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EconomyGOVERNMENTInfrastructurePower & Energy,Regulation
Nigeria’s electricity metering rate rises to 55% as NERC disburses N28bn for new meters
Nigeria’s electricity metering programme recorded a marginal improvement in August 2025, as the national metering rate increased from 54.71 per cent in July to 55.01 per cent, according to the …
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BusinessEconomyGOVERNMENTInfrastructurePower & Energy,
Tinubu pledges full support for Siemens power project to boost electricity supply
President Bola Ahmed Tinubu has reaffirmed his administration’s full commitment to improving electricity supply in Nigeria through the Presidential Power Initiative being executed in partnership with Siemens Energy. Speaking during …
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BusinessCyber securityEconomyGOVERNMENTTaxationTechnology
Ogun Tax Chief Orders Strict Cybersecurity
The Executive Chairman of the Ogun State Internal Revenue Service (OGIRS), Olugbenga Olaleye, has directed all directors, zonal controllers, tax office managers, and heads of units to ensure strict compliance …
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BusinessEconomyFinanceForeign ExchangeGOVERNMENTMarkets
Nigeria’s FX Reserves Projected to Hit $45bn in 2025 After $2.3bn Eurobond Success
Nigeria’s foreign exchange reserves are expected to climb to about $45 billion by the end of 2025, following strong investor confidence in the country’s $2.3 billion Eurobond issuance, according to …
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BusinessEconomyFinanceGOVERNMENTInternational AffairsMarkets
Nigeria Returns to Global Market with $2.25bn Eurobond, Draws $9.1bn Investor Demand Despite US Tension
The Federal Government of Nigeria has successfully returned to the international capital market with a $2.25 billion Eurobond issuance, attracting an impressive $9.1 billion in investor orders despite global uncertainty …