Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)…
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Nigeria’s oil production nears 1.8m bpd as drilling rigs rise to over 60 — Lokpobiri
Nigeria’s upstream petroleum sector is recording increased activity, with crude oil production approaching 1.8 million barrels per day, active drilling rigs rising from about 14 in 2023 to more than 60, and over $8 billion in major…
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FG, CBN Institutionalise Fiscal, Monetary Policy Coordination
The federal government and the Central Bank of Nigeria (CBN) have moved to institutionalise fiscal and monetary policy coordination with the signing of a Memorandum of Understanding (MoU) in Abuja.
The agreement is designed to…
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Nigeria’s $400bn energy transition plan faces funding test
Questions are mounting over Nigeria’s ability to mobilise and deploy the estimated $400 billion in additional investment required to achieve its 2060 net-zero target.
For years, the national debate on energy transition has largely…
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Electricity Crisis: 15 States Spent N3.47bn On Generator Maintenance In Six Months
…Lagos, Jigawa Account For Highest Spending With N1.63bn
…Borno Records Lowest Spending At N36.41m
Fifteen state governments spent a combined N3.47bn on the maintenance of plants and generators in the first six months of 2026,…
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Nigeria’s digital identity system strengthening access to Africa’s digital economy – Akume
The Secretary to the Government of the Federation (SGF), Senator George Akume, Wednesday, said Nigeria’s expanding digital identity infrastructure is strengthening the country’s position in Africa’s digital economy and providing a…
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FG Signals New Borrowing Strategy With N850bn Bond Plan
The Federal Government has quietly stepped up its reliance on non-competitive allotments in the domestic bond market, with the Debt Management Office (DMO) allocating a record N850 billion through the channel at its September auction,…
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Pat Utomi Faults Tinubu’s Economic Policies, Says Nigerians Face Growing Hardship
According to a report by The Sun Nigeria on Thursday, September 17, 2026, renowned political economist, Professor Pat Utomi, has raised concerns about the economic direction of President Bola Tinubu’s administration, arguing that many…
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NESG Explores Private Sector Partnerships To Strengthen Primary Healthcare
The Nigerian Economic Summit Group (NESG), in collaboration with the Federal Ministry of Budget and Economic Planning, on Thursday, convened a pre-summit dialogue to explore how stronger private-sector partnerships can help strengthen…
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“This Is Not An Import Subsidy, If You Do Not Refine In Nigeria, You Do Not Qualify–Atiku…
According to a report by Punch on Thursday, September 17, 2026, former Vice President Atiku Abubakar has raised concerns over Nigeria’s worsening child malnutrition crisis, linking the situation to rising food, transportation and…
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Tinubu Govt To Remove Subsidy On Electricity Next Year
...Powe Minister says the policy would take effect in 2027
Joseph Tegbe, Minister of Power
President Bola Tinubu’s government is set to remove electricity subsidy. The plan will see Nigerians pay more for electricity.
Minister of…
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