IMF Urges Nigeria, Emerging Economies To Strengthen Governance, Curb Illicit Financial Flows

The International Monetary Fund (IMF) on Monday called on Nigeria and other emerging economies to deepen governance diagnostics and curb illicit financial flows within their respective countries, in order to improve resilience and restore public...

Nigeria’s Economic Recovery Is Real And Sustainable, Says Bismarck Rewane

Chief Executive Officer of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has stated that Nigeria’s current economic recovery appears to be real and increasingly tangible. Rewane made the declaration in his October 2025...

Nigeria Rallies Commonwealth Partners to Boost $2 Trillion Trade Drive at IMF-World Bank Meetings

Nigeria has reaffirmed its resolve to strengthen trade and investment relationships inside the Commonwealth as part of a group effort to unleash a $2 trillion trade potential. Commonwealth Finance Ministers focused on this initiative during the...

Nigeria’s Business Activity Expands Strongly in September as PMI Climbs to 54.0%

As the most recent Central Bank of Nigeria (CBN) Purchasing Managers’ Index (PMI) increased, Nigeria’s economy experienced a greater spike in productive activities in September 2025, to 54.0 points from 51.7 in August. Marking the tenth straight...

Nigeria’s Mounting Debt: A Closer Look At What We’re Owing And Why It Matters

You ever wonder how a country like Nigeria, with all its oil riches and bustling markets, ends up owing more than it seems possible? Well, as of June 2025, our public debt has ballooned to a staggering N152.4 trillion. That’s not just a...

Nigeria’s Oil Production Falls To 1.39 Million Barrels Daily In September

In September 2025, Nigeria experienced a contraction in its crude oil output, reaching just 1.39 million barrels per day, continuing a downward trend for the second month in a row. The Nigerian Upstream Petroleum Regulatory Commission previously...

Nigeria's Central Bank Raises N10.4 Trillion via Treasury Bills in 2025 Amid Shifting Monetary Landscape

In a year marked by economic reforms and efforts to stabilize Nigeria's financial system, the Central Bank of Nigeria (CBN) successfully mobilized an impressive N10.4 trillion through the issuance of Nigerian Treasury Bills (NTBs) throughout 2025....

Nigeria, Germany Renew Commitment To Mitigating Menace Of Gas Flaring

1 The Nigerian and German governments have recommitted to tackling the menace of gas flaring through unlocking value in the production chain. The project coordinated under the European Union(EU) is tagged, the German–Nigerian Flare4Value project....

Nigeria’s Budget, At $36.7bn, Among Lowest In Africa Despite Reforms

Nigeria’s 2025 budget stands at $36.7 billion, making it one of the lowest in Africa despite ongoing fiscal reforms aimed at increasing government revenue and economic resilience, the Centre for the Promotion of Private Enterprise (CPPE) has...

Nigeria’s industrial growth should not be held back by monopoly allegations — Dangote

Alhaji Aliko Dangote, Founder of the Dangote Group, has called on stakeholders to stop using allegations of monopoly as an excuse to hinder Nigeria’s industrial growth and indigenous investment. Speaking at the 2025 Inaugural Annual Downstream...

Nigeria Records 145 Building Collapse incidents In 4 Years

Nigeria has recorded about 145 incidents of building collapse in the last four years, between 2022 and September 2025, with Lagos State recording half of those incidents, LEADERSHIP checks have shown. A report by the Building Collapse Prevention...

Nigerian cinemas raked in N177m in the first week of October, the lowest in 7 months

Nigeria’s cinema earnings have taken a significant dip, with box office sales dropping to N177 million in the first week of October. This marks the lowest earning period since March 21, 2025, according to a statement released on the official...

Nigerian confraternities in South Africa: brotherhood or criminal enterprise?

Nigerian confraternities in South Africa: brotherhood or criminal enterprise? Targeted interventions will be needed to unravel the complex layers of criminality associated with these groups. Date: 2025-10-30 Time: 11:00 to 12:30 Venue: ISS Seminar...

Nigeria, Africa, and the uneven burden of climate change

BY MIDE ALABI In October 2022, devastating floods displaced over 1.4 million Nigerians, destroyed hundreds of thousands of hectares of farmland, and claimed more than 600 lives. These floods, one of the worst in decades, were not an isolated...

Nigeria Offers ₦6.3bn Flood Relief Loans

The Nigerian Government will provide interest-free loans totalling ₦6.3 billion to assist 21,000 Nigerians affected by flooding across the country. The Minister of State for Humanitarian Affairs and Poverty Reduction, Dr Yusuf Sununu, announced...

Nigeria Needs More Selfless, Compassionate Leaders, Like Afe Babalola – Olu-Alo

1 The Planter of Christ Apostolic Church (CAC), Adamimogo Grace of Mercy Prayer Mountain Worldwide, Prophet Sam Olu Alo, has said Nigeria needs more selfless and compassionate leaders like the Aare Afe Babalola, who is the President of Afe...

Nigeria Secures $2 Billion Shell Gas Project

President Bola Ahmed Tinubu has hailed Shell’s $2 billion Final Investment Decision (FID) for a new gas project in the shallow offshore HI Field, located in OML 144, as a testament to Nigeria’s revitalized investment climate. The announcement...

Nigeria News44 minutes ago You Are Not Prevented From Investing, Don’t Use Cry Of Monopoly To Stop Growth – Dangote Warns Critics Billionaire businessman Aliko Dangote has warned critics that their claims of monopoly in the petroleum sector might…

Billionaire businessman Aliko Dangote has warned critics that their claims of monopoly in the petroleum sector might hinder local investment in the nation’s economy. Dangote shared his concerns in Abuja on Monday at the Inaugural Annual Downstream...

Nigeria News44 minutes ago Madagascar President Flees Country Madagascar’s President Andry Rajoelina has reportedly fled the country. The development comes amidst intensifying protests calling for his resignation. Naija News reports that Rajoelina was …

Madagascar’s President Andry Rajoelina has reportedly fled the country. The development comes amidst intensifying protests calling for his resignation. Naija News reports that Rajoelina was scheduled to address the nation at 17:30 GMT on Monday,...

Business School Netherlands Graduates 42 Nigerians In 2025 Mba Class

Aderonke Itaman receives distinction and the title of best graduating student. Business School Netherlands (BSN), a globally recognised Tier One business school known for its innovative Action Learning MBA, proudly graduated 42 esteemed Nigerians...