Live intelligence from 10+ verified Nigerian and UK sources
By Elizabeth Adegbesan Businesses’ confidence in the macro economy rose significantly to 7.9 index points in May 2026 from 3.9 index points in the preceding month of April 2026, even as insecurity, multiple taxation, and high interest rates continued to pose major operational ...
Nigeria has exceeded its OPEC production limit, achieving an 11-month peak in crude and condensate output. This increase is attributed to improved production from Forcados and Bonny, alongside enhanced security measures against pipeline vandalism.
By Obas Esiedesa, Abuja Nigeria’s total oil production, comprising crude oil and condensates, increased by 2.2 per cent in May to 1.70 million barrels per day (bpd), while crude oil output exceeded the country’s OPEC production quota for the first time this year. Dat...
The Nigerian naira traded within a relatively stable range against the United States dollar on Friday, June 12, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market. The post Dollar to Naira exchange rate today, June 12, 2026 appeared fir...
• Forcados, Bonny boost production, scheduled turnaround completed •NNPC, security agencies tighten noose on vandals along northern pipeline corridor •Oil firm says 24 attacks recorded in 2025 and HI 2026
President Bola Tinubu has faced significant economic challenges since taking office on May 29, 2023. His leadership is marked by tough decisions aimed at recovery and growth in Nigeria.
• Says early procurement strategy secured fertilisers for wet season, saved over $42m Ndubuisi Francis in Abuja The Ministry of Finance Incorporated (MOFI) has stated that Nigeria is not exposed
The inauguration of a modern agro-processing centre in Abuja aims to enhance the livelihoods of rural women in the Great Sheda Community. This initiative, supported by UN Women and the TY Danjuma Foundation, is expected to provide significant economic benefits.
Bauchi's mining sector is experiencing a positive transformation under Governor Bala Mohammed, attracting foreign investment and boosting economic growth. The Miners Association of Nigeria has praised these developments for creating job opportunities for the youth.
FairMoney MFB urges Nigerians to adopt structured savings to mitigate the effects of economic volatility and inflation. This approach aims to help individuals preserve their wealth over the long term.
Adopting a structured savings culture can enhance long-term financial stability in Nigeria's economy. Consistent saving habits are essential for achieving lasting financial security.
Quest Bank announces a significant 29% revenue growth and 23% profit rise for 2025, driven by strategic execution and strong financial performance.
CBN Governor Olayemi Cardoso has been recognized with the Central Bank of the Year Award for his significant contributions to Nigeria's foreign exchange and FATF reforms. This accolade highlights the positive impact of his leadership on the country's financial landscape.
The New Nigeria Festival is set to draw significant investments and boost economic growth. This initiative aims to propel Nigeria towards achieving a $1 trillion economy by 2030.
Business growth in Nigeria was bolstered by advancements in manufacturing, trade, and services in May 2026. The Nigeria Economic Summit Group's report highlights a positive trend in the business environment.
Oil prices have dropped significantly after President Trump hinted at a possible peace deal with Iran. This development has alleviated concerns over potential conflict, affecting global crude benchmarks.
Six vessels with petrol shipments valued at N279 billion have arrived in Nigeria during a legal dispute between Dangote Refinery and NNPC. This development highlights the ongoing tensions in the oil sector.
Nigeria's imports from South Africa increased by 24% in the first quarter of 2026, despite ongoing xenophobic tensions. This surge indicates a resilient trade relationship amid diplomatic challenges.
Nigeria's crude oil production has exceeded its OPEC quota, achieving a peak not seen in 15 months. This milestone highlights the country's growing oil output capabilities.
Access Holdings Plc announced a N1.007tn profit before tax, showcasing its diversified platform and strategic growth plan. Discover how Access Holdings Pro
Leaguebook, a trailblazing social e-commerce platform designed to transform how people discover, share, and buy products online fused a robust marketplace with interactive social features and real-time chat for sports
Almost half of Nigerian households are without electricity, highlighting the need for diverse energy solutions. Emphasizing wind power could be key to addressing the country's ongoing power challenges.
The Central Bank of Nigeria (CBN) is set to update regulations for financial holding companies to address risks from non-core banking activities. This move follows nearly a decade of the existing framework established in 2014.
Africa is rich in human capital and resources but faces exploitation by a global financial system. The continent's potential is being undermined rather than missed.
The World Bank reports that the ongoing conflict in the Middle East is causing the lowest global growth rate since the COVID-19 pandemic. This situation highlights the interconnectedness of global economies and the impact of regional conflicts on economic stability.
Diversification is now vital for our sustainability. Nigeria’s position in the energy transition is not one of passive vulnerability, but a real, underutilised opportunity… The global energy transition is an economic reality already repricing assets and redirecting ca...
Nigeria recorded an upswing in the total volume of oil produced in May 2026, averaging 1,530,354 barrels of crude oil read more Nigeria meets 102% of OPEC Quota as crude oil production hit 1.7mn bpd in May
The ticket presentation ceremony, held at Prince Ebeano Supermarket, Ikeja, marked the successful conclusion of the consumer promotion designed to reward loyal customers who purchased Rexona products The post Winners emerge at Rexona Consumer Promotion, get tickets to watch FIFA...
…Regrets Nigeria’s slow pace as India, China shoot ahead Niger Delta region must move its hope and economy from oil read more PH Tech Expo 2026: Niger Delta must move from oil to tech – NDDC MD
President Bola Tinubu has pledged to focus on creating a stronger investment-driven economy. He emphasized the importance of collaboration with state governments to achieve this goal.