The Federal Government will begin reclaiming undeveloped oil and gas blocks from October 31, 2026, as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) moves to enforce the “drill or drop”

Nigeria’s naira could strengthen further against the US dollar, with Deutsche Bank identifying the currency as undervalued and adding the country to its frontier foreign exchange monitor. The German lender

Nigeria’s oil sector utilised $2.15bn in foreign exchange between January and June 2026, representing an 18.7 per cent decline from the $2.64bn recorded in the corresponding period of 2025, despite

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has said Nigeria’s fiscal crisis forced policymakers to explore alternative sources of revenue and foreign exchange, warning that dependence on oil earnings

Nigeria’s foreign exchange reserves climbed to $58.81 billion on October 12, moving close to their highest level in nearly 18 years after a sharp increase in the country’s dollar holdings

Nigeria has climbed four places to rank eighth among Africa’s most investable economies, emerging as the continent’s biggest climber in the 2026 Bloomberg Economics Investment Risk-O-Meter. The latest assessment, published

The Ogun State Government and the Nigerian National Petroleum Company Limited (NNPC Ltd.) have opened discussions on reviving the long-delayed Olokola Liquefied Natural Gas (OKLNG) project as major port and

Aliko Dangote has responded to a Kenyan court challenge involving his proposed $16 billion refinery, recalling a previous legal battle in Senegal and insisting his group is prepared to defend its projects.

A Federal High Court in Lafia, Nasarawa State, has convicted 21 companies over the operation of investment-related businesses without valid licences from the Securities and Exchange Commission (SEC). Justice Anyalewa

The Dangote Refinery IPO is bringing retail investors into the centre of Nigeria’s capital-market expansion, with a low entry threshold and digital distribution channels drawing strong interest from everyday Nigerians.

Kebbi Government has warned that inaccurate claims about the ₦21.5bn Hajj remittance could create religious tension in the state.

The UK acquittal of former Petroleum Resources Minister Diezani Alison-Madueke has renewed questions about the future of corruption investigations and asset-recovery proceedings involving her in Nigeria.

A minimum investment of ₦5,250 could give Nigerians an opportunity to acquire shares in Dangote Refinery under the proposed IPO.

EFCC Chairman Ola Olukoyede says the vice-chancellor’s residence at a recently forfeited private university may be larger than President Bola Tinubu’s official residence at Aso Rock.

32-year-old Moniepoint Field Loan Officer has been arrested in Yobe as police investigate an alleged ₦74 million fraud.

Nigeria’s external reserves have risen to $54.08 billion, exceeding the CBN’s 2026 projection and reaching the highest level since 2008.

The Federal Workers Forum says the ₦70,000 minimum wage has been eroded by rising living costs and naira depreciation, demanding a new ₦300,000 wage structure.

Governor Umo Eno says the expansion of Ibom Air and other aviation investments are creating jobs and strengthening Akwa Ibom’s economic position as another Airbus joins the fleet.

Akwa Ibom’s Q2 2026 budget report has come under scrutiny after BudgIT identified major information gaps that make it difficult to track government spending.

The Federal Government is investigating a 100MW electricity discrepancy along the Ikorodu-Sagamu corridor after monitoring systems revealed an estimated N120bn in unaccounted energy value.