Nigeria’s fledgling refining industry has urged lawmakers to impose a sweeping 25 percent tariff on imported petrol, warning that without urgent protection from what they describe as 'dumping' of foreign fuel, billions of dollars of domestic investments c...

Russia and China’s landmark agreement to build the long-delayed Power of Siberia 2 gas pipeline is resonating well beyond Eurasia, with potential ripple effects for global energy markets and Nigeria’s fragile yet ambitious gas sector....

Nigeria is now richer today than at any time in the last decade, but the citizens being governed are poorer, hammered by the steepest erosion of purchasing power, a condition that has led to a surge in widespread misery in Africa’s biggest oil producer....

In 2024, publicly listed companies on the Nigerian Exchange (NGX) collectively paid N1.18 trillion in income taxes, reflecting a 23 percent increase from the N956 billion remitted in 2023....

...FG to consider financial performance, operational efficiency The federal government excited investors on Tuesday with the announcement of plans to float three power assets on the Nigerian Exchange (NGX)....

With over 176,000 polling units and existing ID systems like BVN and NIN, Nigeria has the tools to build a fairer, inclusive social register, if only it moves beyond politics. ...

Nigeria’s push for energy independence through domestic refining is faltering as modular refineries face crude supply bottlenecks, punitive logistics costs, and a lack of incentives that leave them struggling to survive....

Nigeria has the people, scale, and drive to grow, yet its financial system lags behind. The gap is clearest in the cost of capital: businesses face short-term loans at punishing rates, while peers abroad can access long-term funding at stable prices....