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Nigeria Economic News

Nigeria Opens $400m Otakikpo Terminal to Boost Oil Exports

Nigeria commissions a $400 million Otakikpo terminal to expand crude exports, ease evacuation, and boost indigenous participation in the oil sector.

Immigration Officer Pays N2.5m Ransom Before Wife’s Rescue

Immigration officer pays N2.5m ransom before wife’s rescue in Badagry after joint Police and Immigration operation stormed kidnappers’ den.

Nigeria’s Debt Surges by N24.33 Trillion in First Quarter

In the first quarter of 2024, Nigeria's total debt stock rose sharply by N24.33 trillion, reaching N121.67 trillion.

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Nigeria Opens $400m Otakikpo Terminal to Boost Oil Exports

Nigeria commissions a $400 million Otakikpo terminal to expand crude exports, ease evacuation, and boost indigenous participation in the oil sector.

Immigration Officer Pays N2.5m Ransom Before Wife’s Rescue

Immigration officer pays N2.5m ransom before wife’s rescue in Badagry after joint Police and Immigration operation stormed kidnappers’ den.

Nigeria Alarmed as 4,000 Young Women Contract HIV Weekly

The AIDS Healthcare Foundation warns that over 4,000 young women contract HIV weekly, urging urgent action to expand healthcare and education access.

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.