MaTaZ ArIsInGDallas, Texas The United States reduced its purchase of Nigerian crude oil sharply in January 2026, with imports dropping by about 47.16 per cent month-on-month, according to the latest data from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Figures from the U.S. International Trade in Goods and Services report indicate […] Read more
By Tanimu Yakubu MaTaZ ArIsInGDallas, Texas There is criticism, and there is confusion elevated to performance art. Suyi Ayodele’s “History Tinubu Should Have Learnt” is not an argument—it is a cascade of assertions built on a startling ignorance of how modern economies function. It is one thing to oppose policy. It is quite another to […] Read more
MaTaZ ArIsInGDallas, Texas The Dangote Petroleum Refinery has ramped up its regional footprint with the export of 12 cargoes of refined petroleum products totalling 456,000 tonnes to five African countries, amid a growing fuel supply crisis triggered by geopolitical tensions in the Middle East. The cargoes, sold through international traders on a Free on Board […] Read more
MaTaZ ArIsInGDallas, Texas The recent agreements between Nigeria and the UK mark a significant shift from aid-based relationships to strategic economic partnerships. Following President Bola Tinubu’s state visit in March 2026, the deals are designed to deliver tangible benefits for Nigerians, focusing on infrastructure, food security, job creation, and overall economic stability . Here is […] Read more
MaTaZ ArIsInGDallas, Texas President Tinubu praised Mr Oyedele’s role in reviewing Nigeria’s tax system, describing his work as critical to modernising the country’s fiscal framework. President Bola Tinubu on Monday swore in Taiwo Oyedele as Minister of State for Finance, charging him to support efforts to strengthen fiscal policy and advance Nigeria’s economic reforms. The […] Read more
MaTaZ ArIsInGDallas, Texas ABUJA — PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to confirmation by the Senate. The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007. A statement by the presidential spokesman, Bayo Onanuga, […] Read more
MaTaZ ArIsInGDallas, Texas The Central Bank of Nigeria (CBN) has strengthened its foreign reserves buffer with the delivery of responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards, raising its total gold holdings to $3.5 billion in a landmark move aimed at diversifying Nigeria’s external reserves and reducing exposure to global […] Read more
MaTaZ ArIsInGDallas, Texas By transfor ming raw harvests into high-value products, agro processing holds the key to higher farmer incomes, job creation, food security, and Nigeria’s long-awaited economic diversification. In a country abundantly blessed with fertile land, favourable climate, and a vibrant farming population, agriculture has long been described as Nigeria’s backbone. Yet, for decades, […] Read more
Chima Nwokoji MaTaZ ArIsInGDallas, Texas Nigeria’s Gross Domestic Product (GDP) expanded by 4.07 per cent in real terms year-on-year in the fourth quarter of 2025, marking a stronger performance compared to the 3.76 per cent growth recorded in the corresponding period of 2024. The figures were contained in the latest GDP report released on Friday […] Read more
MaTaZ ArIsInGDallas, Texas Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum Refinery & Petrochemicals from 650,000 barrels per day to 1.4 million barrels per day, positioning it […] Read more
