Nigeria’s 3.5bn Barrels of Undeveloped Oil Valued at N341tn – NUPRC
Over 3.5 billion barrels of oil and condensate reserves are currently locked in undeveloped fields across Nigeria’s basins, according to...
PenCom Bars Pension Funds From Investing in Banks’ Additional Tier-1 Capital
The National Pension Commission (PenCom) has warned Pension Fund Administrators (PFAs) against investing pension fund assets in the Additional Tier-1...
NAICOM, SEC Forge Stronger Ties to Support Insurance Industry Recapitalisation
The ongoing recapitalisation of Nigeria’s insurance industry received a boost on Tuesday as the National Insurance Commission (NAICOM) and the...
Finance Minister, CBN Governor Pledge Stronger Policy Coordination for Economic Stability
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank...
Nigeria Spends $10bn on Agro-Imports, Earns Less Than $400m From Exports – Minister
The Minister of Agriculture and Food Security, Abubakar Kyari, has revealed that Nigeria spends over $10 billion annually on agricultural...
NCC Says Competition Keeps Telecom Tariffs Low Despite Recent Hike
The Nigerian Communications Commission (NCC) has clarified that strong competition in the telecoms sector has kept service tariffs relatively cheap,...
NESG Warns Fuel Subsidy Removal, FX Unification Not Enough for $1 Trillion Economy Goal
The Nigeria Economic Summit Group (NESG) has said that while the removal of fuel subsidy and the unification of exchange...
Governors Launch NGF Investopedia to Attract More Foreign Direct Investments
State governors across Nigeria have launched an investment platform known as NGF Investopedia, designed to attract more Foreign Direct Investments...
FG, NCC Begin Review of 2000 Telecoms Policy, Pledge Transparency on Network Quality
The Federal Government, through the Ministry of Communications, Innovation and Digital Economy, in partnership with the Nigerian Communications Commission (NCC),...
Currency Outside Banks Drops to N4.49 Trillion in June, Says CBN
Currency held outside the formal banking system in Nigeria moderated to N4.49 trillion in June 2025, down from N4.63 trillion...
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