States receive 85% of Nigeria’s resources, FG gets only 15% – Finance Minister
Taiwo OyedeleTaiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy, says the subnationals received about 85 percent of Nigeria’s resources, leaving the federal government with 15 percent despite its extensive!-->!-->!-->…
Read More...
Read More...
AKK Gas Pipeline Hits 95% Completion — FG
The Federal Government, on Thursday says it posted a milestone towards expanding Nigeria’s gas infrastructure that targets strengthening domestic supply following 95 per cent completion of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline.
!-->!-->!-->!-->…
Read More...
Read More...
CBN sells N2.63 trillion OMO bills, N629 billion above initial offer, as stop rates rise
The Central Bank of Nigeria (CBN) sold N2.628 trillion in Open Market Operations (OMO) bills at its October 22, 2026 auction, exceeding its initial N2 trillion offer by N628.52 billion, or 31.43%, as stop rates increased across both!-->!-->!-->…
Read More...
Read More...
Domestic refineries received 156.51mboe in nine months
Domestic refineries in the country have received a cumulative supply of 156.52 million barrels of crude oil between January and September 2026. Of this quantity, volume, 125.85 million barrels or 80.4 per cent, were sourced from!-->!-->!-->…
Read More...
Read More...
Tinubu Govt Under Fire As N1,350 Petrol Discount Remains Unimplemented Two Weeks After Announcement
According to a report by Daily Post on October 22, 2026, two weeks after Finance Minister Taiwo Oyedele announced the plan, the Federal Government still hasn't put the ₦1,350 per liter petrol price at Nigerian National Petroleum!-->!-->!-->…
Read More...
Read More...
Five Years After PIA Enactment, Akpabio Charges Stakeholders on Performance, Accountability
The President of the Senate, Senator Godswill Obot Akpabio, has challenged stakeholders in Nigeria’s petroleum industry to translate the Petroleum Industry Act (PIA) into measurable economic gains, insisting that the success of the!-->!-->!-->…
Read More...
Read More...
One Kg Of Meat Hits N10,000 In Lagos
The rising cost of meat in Lagos is putting pressure on butchers, with a kilogramme now selling for between N9,000 and N10,000, up from N7,000 to N7,500 about four months ago.The Lagos State Butchers Association!-->!-->!-->!-->!-->…
Read More...
Read More...
FG, Govs approve 90-day plan to ease Nigerians’ hardship
Vice-President Kashim ShettimaThe National Economic Council (NEC) has endorsed a 90-day economic action plan aimed at reducing the cost of living, improving food affordability, attracting investment and accelerating projects that!-->!-->!-->…
Read More...
Read More...
NMDPRA: Domestic refineries received 156.51mb of crude oil in nine months
…Domestic refineries supply 65 per cent of national petrol requirement
From January to September 2026, the domestic refineries in Nigeria have received 156.52 million barrels of crude oil.Of the volume, 125.85million!-->!-->!-->!-->!-->!-->!-->…
Read More...
Read More...
Iledare Picks Holes In Obasanjo’s Appraisal Of Tinubu’s Reforms
Prof. Wumi Iledare
By Saidu AbubakarThe recent appraisal of President Bola Tinubu's economic reforms by former President Olusegun Obasanjo as reported in the media, has attracted the reaction of Prof. Wumi Iledare, who is a renoun!-->!-->!-->!-->!-->…
Read More...
Read More...

