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Energy
NNPC's $1bn Dangote bet is now worth $2.84bn
The Nigerian National Petroleum Company Limited (NNPC) spent the better part of three decades and tens of billions of dollars on three refineries it built, owns outright and runs by itself....
Telecoms
Network woes persist after 50% tariff hike
Nigerians are facing a poor mobile network quality despite paying 50 percent more for calls and data, drawing criticisms from consumers hard hit by a cost-of-living crisis....
Editor | Apr 30, 2025
Economy
Naira maintains stability amid external reserves’ decline
The naira has maintained relative stability in the foreign exchange (FX) market despite the drop in external reserves....
Editor | Apr 30, 2025
Economy
Naira-based financing offers foreign investors return leeway
Naira-based financing is emerging as a viable solution to Nigeria’s persistent currency volatility, according to startup investors....
Editor | Apr 30, 2025
Agriculture
Nigeria’s non-oil exports rise 25% on new markets
Nigeria’s non-oil export sector continued its growth trajectory in the first quarter (Q1) of 2025, recording a 24.75 percent increase compared to the same period in 2024....
Editor | Apr 29, 2025
Energy
Nigeria’s biggest firms feel heat of 77% energy cost jump
Nigeria’s largest corporations are grappling with a severe surge in energy costs, with expenditure skyrocketing by 77 percent in 2024 amid the nation’s power crisis....
Editor | Apr 29, 2025
Technology
Investors bullish on startups as FG reforms drive stability
Startup investors are increasingly optimistic about Nigeria, believing that now is the best time to invest in the country. They attribute the renewed confidence...
Editor | Apr 29, 2025
Agriculture
Rising demand fuels silent palm oil boom
Rising palm oil demand in Nigeria is quietly driving a boom in the production of the commodity, with Edo and Delta states emerging as major hubs....
Editor | Apr 28, 2025
Power
Liquidity crisis in power sector worsens as Geregu, Transcorp gas debt hits N216bn
Nigeria’s power sector woes are worsening, with fresh data showing that Geregu and Transcorp Power owed gas suppliers a combined N216 billion in the first three months of 2025...
Editor | Apr 28, 2025
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