Nigeria’s 2025 Budget Allocates N2.49 Trillion to Regional Development Commissions, Sparking Transparency and Equity Concerns
In the proposed 2025 budget, the Federal Government of Nigeria has earmarked N2.49 trillion for regional development commissions, aiming to address the unique challenges...
Global Oil Prices Surge Above $81 Following U.S. Sanctions on Russian Energy Sector
In a significant geopolitical development, global oil prices have surged past $81 per barrel following the United States' imposition of comprehensive sanctions on Russia's...
CBN Reforms Drive 63.7% Surge in Nigeria’s IMTO Inflows: A Boost to Economic Growth
The Central Bank of Nigeria (CBN) has recorded a remarkable 63.7% increase in Inward Money Transfer Operations (IMTO) inflows during the first nine months...
Nigeria’s Non-Oil Exports Soar by 19.23% in October 2024, Driven by Brazil and Netherlands as Key Markets – CBN Report
Nigeria's non-oil export sector has shown remarkable growth, with earnings rising by 19.23% in October 2024, reaching $620 million from $520 million in September,...
BUA Refinery Nears Commissioning: A Game-Changing Milestone for Nigeria’s Oil and Gas Industry
Nigeria is on the brink of a significant shift in its oil and gas landscape with the impending commissioning of the BUA Group’s state-of-the-art...