The Nigerian National Petroleum Company (NNPC) Limited reported N4.61 trillion in revenue and N509 billion in profit after tax in September 2026, despite a marginal 0.29%...
The Federal Government is considering another major Eurobond issuance as President Bola Tinubu seeks to raise $7.7 billion from international lenders to finance part of Nigeria’s...
Revenue generated by 34 Nigerian states increased by 211.2% to N15.53 trillion in 2025, compared with N4.99 trillion in 2022. However, the World Bank has raised...
Nigeria and the United Kingdom are seeking private-sector investors to finance three hydropower projects in Oyo, Kano and Plateau states as part of efforts to expand...
Nigeria is seeking increased investment from South Korea in manufacturing, agriculture and technology as the Federal Government intensifies efforts to strengthen domestic production, attract foreign capital...
Nigeria recorded a N20.74 trillion shortfall in projected statutory revenue during the first ten months of 2026. Revenue figures attributed to the Office of the Accountant-General...
Nigeria’s energy prices surged by 5.38% in September 2026, increasing operating costs for manufacturers, transport companies and other energy-dependent businesses, even as headline inflation slowed to...
The International Monetary Fund (IMF) has urged Nigeria to prioritise targeted financial assistance for vulnerable households instead of restoring blanket petrol subsidies, warning that broad fuel...
Fitch Ratings has revised Nigeria’s sovereign credit outlook from Stable to Positive while affirming its long-term foreign- and local-currency issuer default ratings at B, citing stronger...
The World Bank has projected that Nigeria’s economy will expand by an average of 4.4 percent annually between 2026 and 2028 but warned that stronger economic...