IMF Downgrades Nigeria’s 2026 Growth Forecast to 4.1% Amid Middle East Conflict Impact
The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth forecast for 2026 to 4.1 per cent, citing disruptions linked...
Oil Falls Below $100 as U.S. Blockade of Iranian Ports Raises Geopolitical Tensions
Global oil prices slipped below the $100 mark on Tuesday as markets reacted to escalating tensions following the United States...
Global Stocks Rise as Oil Slips on Trump Signal for Iran Talks
Global financial markets advanced on Monday after President Donald Trump signalled openness to resuming talks with Iran, boosting investor expectations...
FG Spent ₦418.79bn on Power Subsidy in Q4 2025 — NERC
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that the Federal Government incurred a subsidy obligation of ₦418.79 billion in...
FDI Key to Africa’s Industrialisation, but Manufacturing Gains Remain Limited — Report
Foreign Direct Investment (FDI) continues to play a critical role in Africa’s industrialisation ambitions, providing capital inflows, technology transfer, and...
PenCom Warns Nigerians Over Rising Recruitment Scam
Nigeria’s pension regulator, the National Pension Commission (PenCom), has warned Nigerians to beware of a growing recruitment scam targeting job...
AKK Gas Pipeline to Deliver First Gas to Abuja in July — NUPRC
Nigeria’s long-delayed $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline is expected to begin delivering natural gas to Abuja in July, according...
Nigeria, Morocco to Sign $25bn Gas Pipeline Agreement in 2026
Nigeria and Morocco are expected to sign the intergovernmental agreement (IGA) for the proposed $25 billion African Atlantic Gas Pipeline...
PETROAN Calls for Downstream Liberalisation to Stabilise Petrol Prices
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called for the liberalisation of Nigeria’s downstream petroleum sector,...
NAICOM Reaffirms Commitment to Staff Welfare, Professionalism
The National Insurance Commission (NAICOM) has reaffirmed its commitment to maintaining high labour standards and promoting the welfare of its...
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