Abuja declaration commits cocoa-producing countries to expand local processing, raise farmers’ incomes and strengthen Africa’s position in global markets
CBN orders BDCs to return unused forex within 24 hours under new rules aimed at improving foreign exchange market oversight
Nigeria’s Foreign Reserves rose to $51.89bn as inflation eased to 15.91% in June, according to the Central Bank of Nigeria and NBS
President says Nigeria is open for business as Abuja City Walk project showcases renewed drive to attract private capital and economic growth
Stakeholders credit stronger pipeline security and technology-driven surveillance with curbing crude theft, raising production and protecting national revenue
Governor Dauda Lawal says the mining and processing project will drive industrialisation, local value addition and responsible mineral development
S&P Global says refinery’s stable pricing is limiting imported fuel costs despite rising global gasoline prices and freight rates
State Executive Council clears major road reconstruction, upgrades and solar-powered streetlights to boost connectivity, tourism and safety
NUPRC says June production exceeded OPEC’s quota as stable operations lifted crude and condensate output for a fourth straight month
TCN transmission losses cost Nigeria’s power sector N2.61bn in Q1 2026 as NERC reports worsening grid efficiency and stability