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 …
Nigerian economy
-
EconomyFinance & ServicesInternational RelationsMarketsOil & GasTrade and Commerce
-
Banking, Finance & InvestmentEconomyGOVERNMENTInternational Relations
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 …
-
The Lagos Chamber of Commerce and Industry (LCCI) has expressed serious concern about the feasibility of funding Nigeria’s capital expenditure in the 2025 national budget, warning that the current fiscal …
-
BusinessBusiness InsightsEconomyGOVERNMENTNigeria
Nigerian Firms Urged to Embed Risk Management to Attract Sustainable Investment
Corporate executives and experts have called on Nigerian businesses to integrate Enterprise Risk Management (ERM) into their strategic frameworks, warning that poor risk culture and unstable regulatory policies are threatening …
-
BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaWestern Africa
CBN Says Strong Banks Are Key to Nigeria’s $1 Trillion Economy Target
The Central Bank of Nigeria (CBN) has said that Nigeria needs strong, stable, and resilient banks if the country wants to achieve the $1 trillion economy target by the year …
-
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 …
-
BusinessDevelopmentEnergyFinance & Services
NLNG, BoI unveil micro-credit scheme to boost local economy
The Nigeria LNG Limited (NLNG) has taken a bold step to empower small businesses and drive grassroots economic development with the launch of an expanded Micro, Small, and Medium Enterprises …
-
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will begin the payment of the first tranche of liquidation dividends to depositors of the now-defunct Heritage Bank. The move …
-
Temile Development Company Limited (TDC), a Nigerian firm, has announced a major boost in its investment in the country’s gas sector. The company now has over $450 million worth of …
-
EconomyFinance & ServicesGOVERNMENTINVESTMENT
PenCom Invests ₦5.51tn in Real Sector to Boost Economic Growth
The National Pension Commission (PenCom) has disclosed that a total of ₦5.51 trillion from Nigeria’s pension funds has been invested into key sectors of the economy to support long-term development …