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Nigeria Allocates N2.001 Trillion Federation Account Revenue for July 2025

Federal, state, and local governments share total of N2.001 trillion for July…

Sodiq Olaitan

Nigeria Sets 2026 Oil Output Target at 2.5m Barrels Daily – NUPRC

NUPRC says oil production rose from 1.46m barrels in Oct. 2024 to…

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Nigeria’s FX Reserves Hit $41 Billion, Highest Level Since 2021

Reserves climbed 3.69% in August to reach new milestone First time since…

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Vandalism, Illegal Structures Fueling Grid Collapses – TCN

TCN blames rising vandalism and illegal buildings for frequent national grid failures.…

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Nigeria’s Forex Reserves Surge Past $40 Billion on Oil Output, Policy Reforms

CBN’s forex reforms, diaspora remittances, and higher crude output lift reserves Oil…

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Naira Falls Against Dollar as Traders Blame Diversion, Government Payouts

Naira drops to N1,560/$1 at black market, N1,532.51/$1 official. Traders blame contractor…

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Dangote Refinery Delays Fuel Rollout Over Truck Numbering — IPMAN

Fuel distribution from Dangote Refinery postponed despite earlier August 15 start date.…

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Nigeria’s Inflation Rate Falls to 21.88% in July 2025, Fourth Drop This Year

National Bureau of Statistics (NBS) reports headline inflation at 21.88% in July,…

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Naira Records Slight Appreciation Against Dollar at Official Market

The naira strengthened marginally to N1,534.52 against the dollar at the official…

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FG Targets $74bn Livestock Sector Contribution to GDP by 2035

Federal Ministry of Livestock Development aims to raise sector GDP from $32bn…

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