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Industry
Nigeria, India target $15bn trade as Modi seeks renewed crude purchases
… Shettima seeks investment in pharmaceuticals, defence, digital technology
…Countries eye deeper ties in fintech, renewable energy, creative industries
Nigeria and India have moved to rebuild their bilateral trade towards the!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Why Petrol Is Still Expensive Though Nigeria Produces Crude, Has Dangote Refinery
Nigeria has the oil. Nigeria now has one of the world’s biggest refineries. So why does filling your car still feel like a luxury?
That question is understandable — but the answer goes beyond simply having crude oil in the ground or!-->!-->!-->!-->!-->…
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DMO Borrowed N54.6trn Without Budgetary Approval — Auditor-General
The Debt Management Office (DMO) exceeded the approved borrowing for the country by N54.57 trillion between 2020 and 2024, contracting new domestic and external debt issues totalling N88.67 trillion, the Auditor General for the!-->!-->!-->…
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Nigeria Should Price Domestic Crude At Production Cost, Says Donald Duke
Former Cross River state governor and presidential candidate of the Peoples Redemption Party (PRP), Donald Duke, has said Nigeria should supply crude oil for domestic refining at its production cost, rather than its international!-->!-->!-->…
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Dangote IPO sparks record app race for 10 million investors
The Dangote Petroleum Refinery and Petrochemical initial public offering (IPO) has triggered an unprecedented digital race among Nigerian stockbrokers, banks and fintech companies seeking to participate in what could become the!-->!-->!-->…
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FG Gives MDAs Deadline for 2027 Budget Submissions
Bola Tinubu
The Federal Government has fixed September 18, 2026, as the deadline for ministries, departments and agencies to submit their personnel cost proposals for the 2027 budget.
The directive is part of the government’s!-->!-->!-->!-->!-->…
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Iledare urges FG to avoid blanket petrol subsidies
A petroleum economist, Prof. Wumi Iledare, has urged the Federal Government to resist returning to blanket petrol subsidies as rising crude prices push up domestic pump prices.
Iledare, a Professor Emeritus of Petroleum Economics,!-->!-->!-->!-->!-->…
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African Energy Week Remains a Forum for Investment, Dialogue and Continental Growth
Ahead of African Energy Week (AEW) 2026 in Cape Town, the African Energy Chamber is calling on continental leaders to safeguard cross-border investment, streamline visa-free travel while prioritizing economic sovereignty over!-->!-->!-->…
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President Obasanjo Ordered NNPC To Pay Full International Price For Refinery Crude – Otega Ogra
Otega Ogra, Senior Special Assistant to President Bola Tinubu on Digital and New Media, has questioned former Vice-President Atiku Abubakar’s proposal to introduce a production subsidy for crude oil supplied to local refineries.
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Business confidence expected to hit 36.1 points by February 2027 — CBN survey
Business confidence among formal-sector enterprises is expected to strengthen significantly over the next six months, reaching 36.1 index points by February 2027.
This is according to the Central Bank of Nigeria’s (CBN) Business!-->!-->!-->!-->!-->…
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