Dangote, NNPC Pledge Strategic Synergy to Power Nigeria’s Energy Future
Dangote and NNPC’s new CEO agree to drive synergy in refining and energy development after months of strained ties....
Business
The Political Economy of Poverty in Nigeria: Why Growth Alone Isn’t Enough
“We cannot solve Nigeria’s poverty crisis without first confronting the power structures that sustain it,” writes Adefolarin A. Olamilekan in this deep-dive column....
CBN Records ₦15.23 Trillion in Operating Income, Rebounds from 2023 Losses
CBN recovers strongly with ₦15.23 trillion operating income and ₦38.8 billion profit after tax in 2024, reversing a ₦1.15 trillion loss in 2023....
Banks’ Deposits with CBN Hit Record ₦17.83 Trillion in April 2025
CBN reports sharp rise in bank deposits to ₦17.83 trillion in April 2025, amid record SDF interest rates and liquidity caution across the sector....
FG Seals Defence Tech Deal With China to Boost Local Arms Production
Nigeria inks high-stakes defence deal with China to manufacture arms, overhaul military capability, and position itself as a regional security hub....
Oil Prices Plunge Over $2 as OPEC+ Boosts Output Amid Demand Fears
Brent crude falls 3.6% to $59.08 as OPEC+ raises output by 411,000 barrels per day for June....
Power Emergency: Tinubu to Meet Gencos Over Explosive ₦4 Trillion Debt
“Everything hinges on power—industries, homes, hospitals. We cannot afford to let the sector fail.” – Kola Adesina...
Dangote Battles ‘Oil Mafia’ in $20bn Refinery War
“I have been fighting all my life, and I am 100 per cent sure I will win.” – Aliko Dangote Graphic Caption: Aliko Dangote addresses investors in Lagos amid rising pressure against his $20bn refinery project. Tags: Dangote, oil mafia, refinery sabotage, Lekki refinery, crude supply, IPMAN, PETROAN, Tinubu subsidy...
“It’s Worse Than Buhari’s Era” — Baba-Ahmed Slams Tinubu Over Economy, Insecurity
“More blood, more poverty, and no clear direction,” says Hakeem Baba-Ahmed, urging Tinubu to abandon plans for 2027 re-election....
Tinubu: Kano–Maradi Rail to Be Completed by 2026
President Tinubu says the 284km Kano–Maradi rail linking Nigeria to Niger will be completed in 2026 to ease transport and boost regional trade....