The Federal Airports Authority of Nigeria (FAAN) will launch a hybrid payment system at airport access gates across the country, accepting both cash and electronic payments, starting from March 13,…
The Nigerian government has reached a settlement with Italian energy company Eni and its subsidiary Nigerian Agip Exploration Limited (NAEL) over the long-disputed Oil Prospecting Licence (OPL) 245, a move…
President Bola Ahmed Tinubu has nominated Taiwo Oyedele as Minister of State for Finance, replacing Dr Doris Anite-Uzoka in a cabinet reshuffle announced on Tuesday. Anite-Uzoka has been redeployed to…
The Implementation Committee for Presidential Executive Order 9 on oil and gas revenues held its first meeting on Thursday, 26 February 2026, to commence implementation of the order and the…
The Federal Airports Authority of Nigeria (FAAN) has announced that it will roll out a fully cashless and contactless payment system at all airport payment points across the country starting…
Nigeria's GDP increased by 4.07 percent (year on year) in real terms in the fourth quarter of 2025. The National Bureau of Statistics (NBS) disclosed the change in its most…
US President Donald Trump has increased global tariffs on imported goods from 10 to 15 percent. The decision, which Trump disclosed on Saturday in a Truth Social post, a day after the…
Nigeria's average crude oil output in 2025 grew to 1.64 million barrels per day (mbpd), a 5.8 percent increase over the same time in 2024, according to the Independent Petroleum…
Aliko Dangote, chairman of the Dangote Group, has predicted a significant strengthening of the naira, saying the currency could reach N1,100 to a dollar this year. Dangote spoke on Tuesday…
The federal government is working on a new policy that will reshape how Nigerians interact with virtual assets—cryptocurrency, stablecoins and digital tokens. The new Virtual Asset Regulatory (VAR) framework is…
