Tinubu’s petroleum regulator nominees pledge reforms to plug leakages, attract investment
President Bola Tinubu’s nominees for the leadership of Nigeria’s petroleum regulatory agencies on Thursday pledged sweeping reforms aimed at plugging...
House approves 2026–2028 MTEF, sets $64.85 oil benchmark for 2026
The House of Representatives on Thursday approved the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), endorsing a...
World Bank set to approve $500m MSME finance loan for Nigeria
The World Bank is expected to approve a $500m loan to Nigeria on Friday as part of efforts to expand...
Fuel Prices Begin to Drop Nationwide After Dangote Refinery Price Cut
Prices of Premium Motor Spirit (PMS), commonly known as petrol, have started declining across the country following the recent reduction...
Gas Pipeline Vandalism Triggers Drop in Power Generation — NISO
The Nigerian Independent System Operator (NISO) has announced a decline in electricity generation on the national grid, attributing the drop...
DMO Moves to Strengthen States’ Borrowing Discipline, Warns of Debt Risks
The Debt Management Office (DMO) has intensified efforts to strengthen borrowing discipline among subnational governments, particularly in Northern Nigeria, warning...
RMAFC: Federation Account Accrues N56.42trn in Three Years
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disclosed that Nigeria’s federation accounts recorded total gross accruals of N56.42...
REA, NBS Partner on National Energy Survey to Strengthen Power Sector Planning
The Rural Electrification Agency (REA) and the National Bureau of Statistics (NBS) have entered into a strategic partnership to conduct...
Petrol Rises as Nigeria’s Second-Biggest Export to Africa in Major Trade Shift
Nigeria’s export profile to African markets is undergoing a significant shift, with refined petroleum products emerging as major contributors to...
CBN Extends Payment System Vision to 2028, Accelerates Nigeria’s Digital Payments Drive
The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, has extended its Payment System Vision (PSV)...
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