Tag: economy

The Federal Executive Council (FEC) has approved three major rail projects worth $2.99 billion as part of efforts to modernise ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has successfully completed a major part of the Obiafu-Obrikom-Oben (OB3) gas pipeline ...

Nigeria’s current account surplus fell sharply by 65.5% to $1.4 billion in Q4 2025, down from $4.06 billion in Q3, ...

Nigeria’s Federal Government has restructured the long-disputed OPL 245 oil block into four separate assets to be operated by Eni ...

Nigeria must maintain double-digit economic expansion over the next decade to meet its $1 trillion economy target, the Minister of ...

The Securities and Exchange Commission Nigeria (SEC) says Nigeria’s capital market has expanded significantly since April 2024, with market capitalisation ...

Flourish Africa, a women-focused empowerment initiative founded by Apostle Folorunsho Alakija, has disbursed ₦300 million in grants to support women-owned ...

Nigeria’s naira has crossed a key psychological threshold, trading below N1,400 to the dollar on the official foreign exchange market ...

Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, supported largely by favourable oil prices, even as ...

Nigerian firms have ranked among the world’s top recipients of World Bank–financed contracts, placing fifth globally in awards to local ...