BUSINESS

FG: No New Fuel, Telecom Taxes 

The Federal Government has assured Nigerians that there are no plans to introduce new taxes on petroleum products...

LPG Marketers Project Lower Cooking Gas Prices in Nigeria by End-2026

        The  Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has projected that retail cooking...

Nigeria’s Gas Production Rises To 7.93bcf/d In May 

By Ayo Kehinde Nigeria’s average daily natural gas production rose to 7.93 billion standard cubic feet per day...

Inflation Rises to 15.93% in May as Food Prices Remain Even

Nigeria’s headline inflation rate rose to 15.93 percent year-on-year in May 2026, up from 15.69 percent recorded in...

Nigeria Records $6.51bn Oil Windfall As Output Exceeds OPEC Quota

  By  Ayo Kehinde       Nigeria recorded an estimated $17.78 billion in gross crude oil revenue...

FG Raises N4.68bn from June Savings Bond

  By Ayo Kehinde         The Federal Government of Nigeria has raised N4.678 billion through...

IMF Raises Transparency Concerns Over Nigeria’s Planned $5bn Abu Dhabi Bank Loan

  By Ayo Kehinde       The International Monetary Fund (IMF) has expressed concerns over Nigeria’s proposed...

AGPC MD Calls for Regulatory Stability, Infrastructure Expansion to Unlock Nigeria’s Domestic Gas Potential

    The Managing Director of ANOH Gas Processing Company (AGPC), Mr. James Makinde, has called for reforms...

DMO Increases Q2 Treasury Bills Issuance by 21.5 Percent to N4.8tn 

By Ayo Kehinde The Debt Management Office (DMO) has increased its Nigerian Treasury Bills (NTB) issuance programme for...

Federal Ministry of Finance Approves Payments to 1,240 Local Contractors

The Federal Ministry of Finance has approved payments to more than 1,240 contractors, providing immediate liquidity support to...