79% of Nigerians Face Poverty Despite Tinubu’s Reforms – World Bank Reveals
The World Bank
Despite nearly three years of sweeping economic reforms introduced by President Bola Tinubu’s administration, about 79 per cent of Nigerians remain poor or vulnerable to falling into poverty, according to a new!-->!-->!-->…
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Boost For Nigerian Content As Shell Awards $518 million Contracts In 2025
Shell leaders and other dignitaries at the Shell booth during the ministerial tour marking the opening of Nigerian Content Day at the 2026 Nigeria Oil and Gas (NOG) Conference and Exhibition in Abuja.
Shell Companies in Nigeria awarded!-->!-->!-->…
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NNPC’s ₦210Trn: Senate Gives External Auditors One-Week For Details
The Senate has given the external auditors of the Nigerian National Petroleum Company Limited (NNPC Ltd.) a one-week ultimatum to provide a detailed breakdown of over ₦210 trillion recorded in the company’s audited financial!-->!-->!-->…
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World Cup Budget: Atiku Faults N6.44bn Allocation, Seeks Independent Investigation
According to Daily Post, published on Wednesday, July 15, 2026, African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has criticised the inclusion of N6.44 billion for a presidential support group for the 2026 World!-->!-->!-->…
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How Business Confidence Fell In June, CBN Survey Reveals
CBN Headquarters
Business confidence among Nigerian firms weakened in June 2026, as rising operational costs and macroeconomic pressures weighed on sentiment, according to the Central Bank of Nigeria’s Business Expectations Survey!-->!-->!-->…
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Dangote Refinery Begins Pricing Local Fuel Sales In Dollars
Nigeria’s downstream petroleum sector is bracing for renewed foreign exchange (FX) pressure after Dangote Petroleum Refinery scrapped its naira-denominated pricing model for petrol, diesel and aviation fuel, replacing it with a!-->!-->!-->…
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‘Nigeria must move beyond energy reforms to implementation’
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bashir Bayo Ojulari
Experts and stakeholders in Nigeria’s energy sector have urged the Federal Government to shift its focus from policy!-->!-->!-->…
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FG Inaugurates Advisory Committee To Drive Economic Reforms
The Federal Government has inaugurated a Ministerial Advisory Committee (MAC) to provide strategic guidance on Nigeria's fiscal and macroeconomic reforms, with a focus on strengthening economic growth, public financial management and!-->!-->!-->…
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Oil Extends Gains After Latest US Strikes, Tech Suffers More Losses
...Tech firms were once again in the crosshairs, with South Korea's Kospi extending a painful selloff as chip titan SK hynix continued to be routed amid growing fears about the AI boom
A graphic illustration of barrels of crude oil
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OPEC predicts positive economic outlook for Nigeria
The Organization of Petroleum Exporting Countries (OPEC), yesterday said Nigeria’s economic outlook remains positive based on oil production, infrastructure investment and stronger business activity.
This was contained in its!-->!-->!-->!-->!-->…
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