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The inauguration of a modern agro-processing centre in Abuja aims to enhance the livelihoods of rural women in the Great Sheda Community. This initiative, supported by UN Women and the TY Danjuma Foundation, is expected to provide significant economic benefits.
Bauchi's mining sector is experiencing a positive transformation under Governor Bala Mohammed, attracting foreign investment and boosting economic growth. The Miners Association of Nigeria has praised these developments for creating job opportunities for the youth.
FairMoney MFB urges Nigerians to adopt structured savings to mitigate the effects of economic volatility and inflation. This approach aims to help individuals preserve their wealth over the long term.
Adopting a structured savings culture can enhance long-term financial stability in Nigeria's economy. Consistent saving habits are essential for achieving lasting financial security.
Quest Bank announces a significant 29% revenue growth and 23% profit rise for 2025, driven by strategic execution and strong financial performance.
CBN Governor Olayemi Cardoso has been recognized with the Central Bank of the Year Award for his significant contributions to Nigeria's foreign exchange and FATF reforms. This accolade highlights the positive impact of his leadership on the country's financial landscape.
The New Nigeria Festival is set to draw significant investments and boost economic growth. This initiative aims to propel Nigeria towards achieving a $1 trillion economy by 2030.
Business growth in Nigeria was bolstered by advancements in manufacturing, trade, and services in May 2026. The Nigeria Economic Summit Group's report highlights a positive trend in the business environment.
Oil prices have dropped significantly after President Trump hinted at a possible peace deal with Iran. This development has alleviated concerns over potential conflict, affecting global crude benchmarks.
Six vessels with petrol shipments valued at N279 billion have arrived in Nigeria during a legal dispute between Dangote Refinery and NNPC. This development highlights the ongoing tensions in the oil sector.
Nigeria's imports from South Africa increased by 24% in the first quarter of 2026, despite ongoing xenophobic tensions. This surge indicates a resilient trade relationship amid diplomatic challenges.
Nigeria's crude oil production has exceeded its OPEC quota, achieving a peak not seen in 15 months. This milestone highlights the country's growing oil output capabilities.
Access Holdings Plc announced a N1.007tn profit before tax, showcasing its diversified platform and strategic growth plan. Discover how Access Holdings Pro
Leaguebook, a trailblazing social e-commerce platform designed to transform how people discover, share, and buy products online fused a robust marketplace with interactive social features and real-time chat for sports
Almost half of Nigerian households are without electricity, highlighting the need for diverse energy solutions. Emphasizing wind power could be key to addressing the country's ongoing power challenges.
The Central Bank of Nigeria (CBN) is set to update regulations for financial holding companies to address risks from non-core banking activities. This move follows nearly a decade of the existing framework established in 2014.
Africa is rich in human capital and resources but faces exploitation by a global financial system. The continent's potential is being undermined rather than missed.
The World Bank reports that the ongoing conflict in the Middle East is causing the lowest global growth rate since the COVID-19 pandemic. This situation highlights the interconnectedness of global economies and the impact of regional conflicts on economic stability.
Diversification is now vital for our sustainability. Nigeria’s position in the energy transition is not one of passive vulnerability, but a real, underutilised opportunity… The global energy transition is an economic reality already repricing assets and redirecting ca...
Nigeria recorded an upswing in the total volume of oil produced in May 2026, averaging 1,530,354 barrels of crude oil read more Nigeria meets 102% of OPEC Quota as crude oil production hit 1.7mn bpd in May
The ticket presentation ceremony, held at Prince Ebeano Supermarket, Ikeja, marked the successful conclusion of the consumer promotion designed to reward loyal customers who purchased Rexona products The post Winners emerge at Rexona Consumer Promotion, get tickets to watch FIFA...
…Regrets Nigeria’s slow pace as India, China shoot ahead Niger Delta region must move its hope and economy from oil read more PH Tech Expo 2026: Niger Delta must move from oil to tech – NDDC MD
President Bola Tinubu has pledged to focus on creating a stronger investment-driven economy. He emphasized the importance of collaboration with state governments to achieve this goal.
With a condensate production of 170,446 bpd included, the commission put Nigeria’s average total hydrocarbon output at 1.7 million bpd. The post Nigeria surpasses OPEC oil quota as production hits 15-month high appeared first on Premium Times Nigeria.
Nigeria's oil production increased by 2.2% in May, reaching 1.70 million barrels per day. This marks the first time the country's output has surpassed its OPEC quota since 2026.
Nigeria has exceeded its crude oil production quota set by the Organisation of Petroleum Exporting Countries (OPEC) for the first read more Nigeria crude output hits 1.53mbpd, ends 10-month OPEC quota drought
S&P Global said food prices could soar more sharply in the months ahead as higher fertiliser and transportation costs pile pressure on global supply chains. The post S&P Global flags food prices as potential driver of inflation across emerging markets appeared first on Pr...
Nigeria’s crude oil production surpassed its OPEC quota in May 2026, reaching a 15-month high. This boost in Nigeria oil production strengthens its positio
Dangote Petroleum Refinery & Petrochemicals FZE has launched a $1 billion private placement at a per-share price of $0.35, staking read more Dangote values refinery at $39.1bn, eyes $1bn in private placement
… Says Holdcos to maintain 51% equity stake in each subsidiary The Central Bank of Nigeria (CBN) has proposed a read more CBN proposes overhaul of Holding Company rules, tightens oversight