Back to Business: Dangote Refinery Resolves Internal Conflict and Recalls Staff The rhythmic hum of machinery is returning to the Dangote Refinery. After a period of quiet tension, the management has officially recalled its technical team. This decision marks the…
The Weight of Interest: Navigating Nigeria’s N16.26 Trillion Debt Challenge. Nigeria’s fiscal landscape is undergoing a massive shift. Recent data reveals a stark reality for the nation’s economy. Under the current administration, the cost of servicing debt has surged significantly.…
President Tinubu has appointed Rabiu Umar, a staff member of Dangote Industries Limited, as the new CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), following the removal of Saidu Mohammed. This was revealed by presidential aide, Bayo…
Dialing for Change: Why Nigeria’s Telecom Giants are Demanding a Policy Reset. The digital backbone of Nigeria is at a crossroads. As we approach the sunset of the National Broadband Plan (NBP) 2020–2025, the mood among telecommunication operators is less…
The New Fuel Reality: Navigating the Surge Toward N1,400 Per Litre. For many Nigerians, the local filling station has become a place of growing anxiety. The cost of premium motor spirit (PMS) is climbing again. Recent reports indicate that petrol…
Brent crude has surged to $115 per barrel, while West Texas Intermediate has climbed to $103 per barrel on Wednesday. Brent and WTI crude prices increased by more than 3 percent daily, according to source’s checks on worldwide oil prices.…
Market Pressure: Understanding the Naira’s Slip to N1,383 The Nigerian financial market is facing a challenging week. Recent data from the official trading window shows the Naira experiencing another setback. On Tuesday, the local currency closed at N1,383 against the…
Keeping the Stars on the Pitch: FIFA’s Fresh Approach to Yellow Cards. Football fans often feel the sting of seeing a star player sidelined for a crucial match. FIFA is now moving to change that narrative. The world football governing…
The Naira’s Difficult Week: Exploring the Tug-of-War Between Reserves and Demand The Nigerian financial market is currently navigating a bumpy stretch. Recent data from the official trading window indicates that the Naira has slipped to a fresh low. On Monday,…
Guarding the Vault: Nigeria’s External Reserves Face an April Dip. Nigeria’s financial safety net is under the microscope this week. New data shows a notable dip in the nation’s external reserves. Within the first three weeks of April 2026 alone,…
The Oyedele Era: Can Nigeria’s New Finance Minister Turn Design into Reality? Nigeria’s economic landscape is witnessing a significant shift. The appointment of Taiwo Oyedele as the Minister of Finance and Coordinating Minister for the Economy is more than just…
Airline operators have warned that Nigerian domestic airlines may cease operations on Thursday, April 30, 2026. Operators cited what they describe as intolerable and unsustainable aviation fuel prices—a move that has raised fresh concerns about widespread travel disruption nationwide. Industry…
Relief for Lagosians: Food Prices Ease in April as Supply Chains Stabilize. The relentless pressure on the pockets of Lagos residents finally showed signs of cooling this April. After a grueling March that saw food costs skyrocket, the latest market…
Navigating the Shift: Why the Naira Just Hit a Three-Week Low. The Nigerian foreign exchange market is showing fresh signs of tension. After a brief period of relative calm, the local currency has taken a noticeable step back. This week,…
Naira slips to N1,355 against the dollar as external reserves dip slightly. The Nigerian naira is facing a fresh wave of pressure this week. After a period of relative calm, the currency weakened to N1,355 per dollar on Thursday. This…
