Business
World Bank lowers Nigeria’s 2026 growth forecast to 4.1%
14 hours ago
World Bank lowers Nigeria’s 2026 growth forecast to 4.1%
The World Bank has revised down its projection for Nigeria’s economic growth in 2026, estimating an average expansion of 4.1…
Oil production rises to 1.84 million bpd amid enhanced pipeline security
14 hours ago
Oil production rises to 1.84 million bpd amid enhanced pipeline security
The Nigerian National Petroleum Company Limited has reported significant increase in national crude oil production, rising from 960,000 barrels per…
NNPC doubles crude supply to Dangote refinery
2 days ago
NNPC doubles crude supply to Dangote refinery
Crude oil deliveries from the Nigerian National Petroleum Company (NNPC) to Dangote Petroleum Refinery doubled in March, marking a significant…
CBN eyes DFI recapitalisation; FG launches mass savings initiative
2 days ago
CBN eyes DFI recapitalisation; FG launches mass savings initiative
The Central Bank of Nigeria (CBN) is considering the recapitalisation and restructuring of Development Finance Institutions (DFIs) to close the…
OPEC crude output plunges 25% amid Middle East conflict
2 days ago
OPEC crude output plunges 25% amid Middle East conflict
Crude oil production by the Organisation of Petroleum Exporting Countries (OPEC) fell by the largest margin in at least four…
Dangote refinery boosts African fuel, fertiliser exports
3 days ago
Dangote refinery boosts African fuel, fertiliser exports
The Dangote refinery, Africa’s largest, has ramped up exports of petrol and urea to African countries affected by supply disruptions…
Nigeria shifts from oil to tax-driven revenues
3 days ago
Nigeria shifts from oil to tax-driven revenues
Nigeria earned an estimated N161.1 trillion in revenues from oil and non-oil sectors between 2010 and 2024, with recent data…
Ondo targets investors for coastal tourism development
3 days ago
Ondo targets investors for coastal tourism development
Governor Lucky Aiyedatiwa of Ondo, has intensified efforts to attract private investment into the state’s coastal tourism sector, saying his…
Air Peace plans London–Ogun flights
4 days ago
Air Peace plans London–Ogun flights
Air Peace has announced plans to begin international flight operations connecting London to Gateway International Airport in Ogun State this…
Banks’ CBN deposits hit N128.9trn in March
5 days ago
Banks’ CBN deposits hit N128.9trn in March
Deposits by Nigerian banks with the Central Bank of Nigeria (CBN) soared to a historic N128.9 trillion in March 2026,…