OPEC reports oil output slips in november, nigeria among countries affected by outages
Global oil production among OPEC members fell in November 2025 to 28.40 million barrels per day, a decline of 30,000 bpd compared with October, according to a survey... Read more.
Nigeria approves ₦185 billion payment for gas debts to boost power supply
The Federal Government of Nigeria has approved a payment of ₦185 billion (≈ US$128 million) to settle debts owed to gas producers supplying power-generating... Read more.
Nigeria’s business climate sees steady uptick as confidence strengthens in November
…Business confidence extends 11-month expansion Nigeria’s business environment continued its upward momentum in November 2025, marking the 11th consecutive... Read more.
FEC approves 2026–2028 MTEF, sets N34.33 trillion revenue target
The Federal Executive Council (FEC) has approved Nigeria’s Medium-Term Expenditure Framework (MTEF) for 2026–2028, outlining the country’s fiscal direction... Read more.
BII, FCMB launch $50m facility to boost MSME growth in Northern Nigeria
British International Investment (BII), the UK’s development finance institution, has partnered with First City Monument Bank (FCMB) to roll out a $50 million... Read more.
CBN updates cash withdrawal rules, ends special authorisation from January 2026
The Central Bank of Nigeria has issued a fresh revision to its cash withdrawal policy, announcing that the special authorisation which previously allowed individuals... Read more.
MTN, SMEDAN partner to strengthen Nigeria’s SME ecosystem
Nigeria’s small and medium-sized enterprises (SMEs) — the backbone of the country’s economy — face persistent challenges such as limited access to... Read more.
Nigeria launches 2025 oil‑licensing round: 50 blocks up for grabs
Nigeria has officially launched its 2025 oil‑licensing round, offering 50 oil blocks — spanning onshore, shallow-water, frontier, and one deep-water block —... Read more.
Nigeria’s economy grows 3.98% in Q3 2025
…Non-oil sectors take centre stage The National Bureau of Statistics (NBS) has released its report for the third quarter (Q3) of 2025, revealing that... Read more.
Dangote Refinery promises major boost to Nigeria’s fuel supply
…meeting Nigeria’s fuel demand The Dangote Petroleum Refinery has announced its readiness to deliver 1.5 billion litres of petrol in December 2025,... Read more.
