Business

U.S. Slashes Nigerian Crude Imports by 47% as Trade Dynamics Shift

Sharp January decline highlights changing demand patterns, rising African competition, and evolving U.S. trade posture….. Nigeria’s foothold in the United…

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NNPC Unveils New Crude Stream as Cawthorne Blend Enters Global Market with 950,000-Barrel Lift

First export from Nigeria’s newest oil terminal in 50 years signals fresh momentum for output growth and energy security….. Nigeria’s…

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Oil & Gas Investment Rebounds as Nigeria Attracts $17.98 Million in 2025

Rising gas exports and renewed investor confidence signal early recovery in the energy sector… Nigeria’s oil and gas industry is…

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Bank Recapitalisation Success Masks Weak Credit to Real Economy — CPPE

Muda Yusuf warns stronger banks are yet to translate into growth for businesses and households….   Nigeria’s banking sector may…

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CBN Drains ₦4.1trn in One Week as Tightening Drive Intensifies

Aggressive liquidity mop-up raises concerns over lending, growth, and economic expansion….   The Central Bank of Nigeria has withdrawn a…

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Middle East War Sends Shockwaves to Nigerian Factories, MAN Raises Red Flag

Pharma, chemicals hit hardest as global tensions threaten costs, exports, and naira stability….   Nigeria’s manufacturing sector is coming under…

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Tinubu to Nigerians: We’ll Overcome Hardship Despite Global Pressures

President cites Middle East crisis, inflation fears, and power challenges but insists reforms are on track…..   President Bola Tinubu…

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NCC Directs Telecom Operators to Compensate Nigerians with Airtime Over Poor Network Quality

New directive forces operators to pay users for service failures as regulator tightens consumer protection….   Nigerians frustrated by dropped…

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FG to Back Select Airlines as New National Carriers After Nigeria Air Collapse

FAAN signals fresh strategy to boost indigenous airlines and revive global aviation ambitions…..   Nigeria may soon have new national…

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WTO Talks Stall as US–India Rift Blocks Digital Trade Deal

Deadlock over e-commerce tariffs raises fresh doubts about global trade reforms….   Negotiations to reform the World Trade Organization and…

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