Nigeria’s oil revenue is set for a boost as Turkey’s biggest oil refining company, Tupras, has placed new orders for Nigerian crude oil expected to arrive between March and April …
International Relations
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Cardoso Talks Nigeria’s Economy with US Economist, Promises CBN Will Not Go Back on Reforms
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the bank will remain focused on transparency, stability, and reforms that will restore trust in …
- EconomyFinance & ServicesGOVERNMENTInternational RelationsTechnology
Experts Applaud Nigeria’s New Investment and Securities Act as a Game-Changer for Digital Economy
Experts, investors, and government officials have thrown their weight behind the newly signed Investment and Securities Act 2025, calling it a major breakthrough for Nigeria’s digital economy. The new law, …
- AfricaBusinessEconomyEnergyInternational RelationsOil & Gas
Nigeria’s Walcot Group wins three oil blocks in Angola
Walcot Group, a well-known Nigerian energy company, has signed a production sharing contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG). The signing took place last …
- AviationBusinessEconomyInternational RelationsTransportation & Logisitics
Keyamo announces Nigeria-Tanzania direct flight
Nigeria and Tanzania are set to improve their relationship as both countries begin moves to launch direct flights that will link the two nations by air. This was made known …
- Banking, Finance & InvestmentEastern AfricaInternational RelationsNigeriaTrade and Commerce
Access Bank Set to Take Over Kenya’s National Bank After Central Bank Approval
The Central Bank of Kenya (CBK) has approved Access Bank Plc, one of Nigeria’s biggest financial institutions, to take full control of the National Bank of Kenya (NBK). This move …
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OPEC cuts global oil demand growth forecasts over US tariffs
The Organisation of the Petroleum Exporting Countries (OPEC) has slightly reduced its earlier forecast for global oil demand in 2025. According to its Monthly Oil Market Report released on Monday, …
- EconomyFinance & ServicesGOVERNMENTInternational RelationsOil & Gas
Nigeria’s Crude Oil Output Drops Again As Prices Fall, Budget Under Threat
Nigeria’s daily crude oil production has dropped again in March 2025, raising more concerns about the country’s ability to meet its budget plans for the year. This is coming at …
- AfricaBusiness and EconomyInternational RelationsPoliticsTrade and Commerce
Trump Pauses Tariff Hikes for 90 Days—China Excluded
United States President Donald Trump has announced a temporary suspension of increased trade tariffs for all countries except China. The pause, which will last for 90 days, was made public …
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Nigerian Exporters Cautious Over US Tariff Pause, Weigh Next Steps
Nigerian exporters are watching closely as new tariff moves by the United States spark fresh uncertainty in the global trade space. While some believe the ripple effect may hurt the …