Tuesday, July 28, 2026
Satellite data hint Nigeria’s economy is improving
Nigeria’s battered economy improved between April and June, at least according to satellite data. San Francisco-based SpaceKnow’s Nigeria Night Light...
Read moreDetailsNigeria’s BUA Group on course to produce 8mmt of cement as Osinbajo commissions Okpella line
Nigeria's BUA Group led by executive chairman and Forbes listed billionaire, Abdulsamad Rabiu, Tuesday said it was on course to...
Read moreDetailsNigeria electricity generation gets boost as NNPC increases gas supply to power plants by 123%
The Nigerian National Petroleum Corporation (NNPC) has increased daily average natural gas supply to the nation’s gas power plants by...
Read moreDetailsNigerian equities market bearish as profit-taking rules sentiments
The Nigerian equities market extended losses Tuesday as the all-share Index (ASI) dipped 0.4 percent to close at 36,165.93 points...
Read moreDetailsNigeria’s UBA makes provision on loans to 9mobile
Nigeria’s United Bank for Africa (UBA) said Tuesday it had made a provision on loans made to 9mobile, one of...
Read moreDetailsOil prices plunge as market wrestles with hurricane damage amid disruptions in Libya, Colombia
Crude prices plunged Tuesday as the market struggles with the shutdown of some 13 percent of refining capacity in the...
Read moreDetailsNigeria to save N3trn from local content usage, says minister
Ogbonnaya Onu, Nigeria's Minister of Science and Technology says the present administration will ensure that Nigeria saves up to N3...
Read moreDetailsOil falls, gasoline jumps as Storm Harvey knocks out U.S. refiners
U.S. crude oil futures fell more than 3 percent Monday but gasoline prices surged to two-year highs as Tropical Storm...
Read moreDetailsNigeria’s inflation drops to 16.05 % in July- NBS
The country’s inflation as measured by Consumer Price Index (CPI), further dropped to 16.05 percent in July from 16.10 percent...
Read moreDetailsNigeria’s naira devaluation is a risk to country’s external debt – PwC
A devaluation of the Nigerian naira will be a key risk to the sustainability of the country’s foreign debt, PricewaterhouseCoopers (PWC),...
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Nigerian elite: Agents of future destruction or development? (1)