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Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.
Business

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.
News

World Bank: 139 Million Nigerians Still Trapped in Poverty

The World Bank urged Nigeria to channel reform gains into real welfare improvements, as 139 million citizens still live in poverty.
News

Nigeria Records $6.83 Billion Payments Surplus in 2024

Nigeria records a $6.83 billion payments surplus in 2024, marking the first surplus in three years. Key reforms and trade performance contributed to the success.
News

Buhari Praises Tinubu Amid Nigeria’s Economic Challenges

Former President Muhammadu Buhari has openly commended President Bola Tinubu for his impressive handling...
News

Senate Probes Buhari Govt’s N30tr Loan, Seeks Economic Transparency

The Nigerian Senate launches investigations into a N30 trillion CBN loan and the efficiency of key industries to ensure fiscal responsibility and economic stability.
News

Nigeria’s Poverty Rate Soars Despite Economic Reforms

Nigeria, Africa's largest economy, is facing a paradox. On one hand, the government has...
News

Nigeria’s Account Gains N1 Trillion Monthly After Subsidy Removal

Nigeria's Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, recently...

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Business

Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.
Business

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.
News

INEC Seeks N873.8 Billion for 2027 Elections

INEC proposes N873.8 billion for the 2027 elections, separating the poll budget from its 2026 spending plan and seeking flexible funding.
News

FG Lists 15 Million Households for Cash Support

Nigeria says 15 million households are in its Benefit Register for conditional cash transfers, distinct from the broader National Social Register.

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