MaTaZ ArIsInGDallas, Texas Nigeria’s seaborne refined petroleum exports to Europe surged by about 767% to 130,000 barrels per day (b/d) in the second quarter of 2026, from 15,000 b/d in 2023... Read more
MaTaZ ArIsInGDallas, Texas The Nigerian National Petroleum Company Limited (NNPCL) and its partners have signed agreements on the proposed Bonga Southwest/Aparo project, estimated to attract... Read more
MaTaZ ArIsInGDallas, Texas President Bola Ahmed Tinubu has unveiled the Federal Government’s “Reforms Scorecard,” an initiative aimed at providing Nigerians with an account... Read more
MaTaZ ArIsInGDallas, Texas Nigeria’s foreign reserves have exceeded the Central Bank of Nigeria’s (CBN) annual target, rising above $52.5 billion as of July 17, 2026, the highest... Read more
MaTaZ ArIsInGDallas, Texas The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has explained that the federal government deploys petroleum subsidy savings to... Read more
MaTaZ ArIsInGDallas, Texas The crypto market adoption and use in Nigeria is driven overwhelmingly by utility, rather than speculation: Dollar-pegged stablecoins, especially USDT and increasi... Read more
MaTaZ ArIsInGDallas, Texas The Central Bank of Nigeria (CBN) has revoked the operating licenses of 46 Microfinance Banks (MfBs) with effect from July 1. This is contained in a statement issu... Read more
MaTaZ ArIsInGDallas, Texas The European Investment Bank (EIB) has disclosed that it signed more than €500 million in financing for strategic investments across Nigeria over the past year, wi... Read more
By Samuel Ncube MaTaZ ArIsInGDallas, Texas NIGERIA · ECONOMY Key Facts —15-month high: Nigeria’s crude output reached about 1.53 million barrels a day in May 2026, a 15-month high. —Abo... Read more
MaTaZ ArIsInGDallas, Texas Nigeria recorded a sharp improvement in its merchandise trade balance in the first quarter of 2026 as exports rose and imports declined significantly, pushing the... Read more
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