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Citing President Bola Tinubu’s economic reforms, improved foreign exchange liquidity, stronger fiscal revenues, and rising external reserves, global ratings agency S&P Global Ratings has upgraded Nigeria’s long-term foreign and…
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The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by…
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Nigeria’s headline inflation rate climbed to 15.69 per cent in April 2026 Nigeria’s headline inflation rate climbed to 15.69 per cent in April 2026. The latest figures were released on Friday by the National Bureau of Statistics in its…
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A currency's exchange rate to the US dollar does not measure how stable or healthy it is. The Japanese yen trades around 150 to the dollar and remains one of the world's reserve currencies. The currencies on this list are different.…
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For too long, Nigeria has acted as if economic decisions happen in a vacuum, driven only by markets and private calculus. That view is outdated. Every major investment, listing, and cross-border deal sits at the intersection of…
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Nigeria’s inflation rate rose slightly to 15.69% in April 2026, up from 15.38% in March, according to the National Bureau of Statistics (NBS). The NBS said in its Consumer Price Index report released Friday that the increase…
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...OPEC countries currently account for roughly 40% of global crude oil production, though this share has been declining over time FILES PHOTO illustrating the Organization of the Petroleum Exporting Countries Key members of OPEC+…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday tasked stakeholders in the gas, power and financial sector on a joint action on gas-to-power challenges. Chief Executive, Oritsemeyiwa Eyesan, made…
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... Says Nigerians are paying price of ‘ponzi economy’ African Democratic Congress (ADC) has condemned the Federal Government’s move to secure another $1.25 billion loan from the World Bank, describing the Tinubu administration’s…
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President Bola Ahmed Tinubu President Bola Ahmed Tinubu has projected that Nigeria could attract nearly $20 billion in foreign direct investment (FDI) in 2026, citing ongoing economic reforms aimed at improving transparency, efficiency,…
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