The Debt Management Office (DMO) has once again been honoured at the 2025 Made-of-Africa Awards by the Nigerian Exchange Group (NGX Group), receiving the “Special Recognition for Capital Market Excellence (Fixed Income)”. The agency made this known in statement on Sunday in Abuja, The statement said that the prestigious honour marked the third consecutive year the…
The Enugu State Government says it generated N406.8 billion Internally Generated Revenue (IGR) for 2025, representing 80 per cent of targeted revenue of N509.9 billion for the year. Mr Emmanuel Nnamani, the Chairman, Enugu State Internal Revenue Service (ESIRS), disclosed this while briefing newsmen on Sunday in Enugu on the revenue performance of the state…
Dangote Refinery says it does not import refined petroleum products into Nigeria, insisting that all petrol and other fuels sold from its operations are fully refined locally. The clarification was made by the Chief Executive Officer of Dangote Refinery, Mr David Bird, during a news conference on Wednesday in Lagos, amid allegations over fuel importation…
The Central Bank of Nigeria (CBN) has published a comprehensive assessment of the country’s fintech landscape, highlighting priorities to sustain innovation, strengthen system integrity, and drive the next phase of digital financial growth. The report examines the scale and maturity of Nigeria’s fintech ecosystem, noting the nation’s leadership in real-time payments and the structural factors…
Nigeria has stepped up efforts to curb illicit financial flows following a five-day capacity-building workshop organised by the United Nations Economic Commission for Africa (ECA) and the Ministry of Finance. According to a statement released by the ECA on Wednesday, the Abuja-based workshop focused on improving Nigeria’s ability to identify and measure revenue losses arising…
Algeria and Niger have taken steps to revive suspended energy cooperation, holding talks focused on major hydrocarbons projects, including the $13 billion Trans-Saharan Gas Pipeline (TSGP). Algerian Minister of State for Hydrocarbons and Mines Mohamed Arkab led a high-level delegation to Niamey on Tuesday, where he held discussions with Niger’s Minister of Petroleum, Hamad Tinni….
The Nigeria Customs Service (NCS) achieved N7.28 trillion in revenue in 2025, surpassing its N6.58 trillion target by N697 billion, Comptroller-General Bashir Adeniyi has revealed. Speaking at the 2026 World Customs Day celebrations, themed “Protecting Society Through Vigilance and Commitment”, Adeniyi said the increase, representing over 10 per cent growth, reflects reforms in the sector…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the successful completion of the Awodi-07 appraisal and exploration well by Chevron Nigeria Limited (CNL), describing the results as a significant boost to confidence in the Joint Venture’s asset portfolio. The News Agency of Nigeria (NAN) reported that the Awodi-07 well is situated in the…
The Infrastructure Concession Regulatory Commission (ICRC) has hailed the concession agreement for Akanu Ibiam International Airport, Enugu, as a landmark achievement in Nigeria’s infrastructure reform agenda. The Director-General of the Commission, Dr Jobson Ewalefoh, said in a statement on Sunday that the agreement underscored the Federal Government’s commitment to leveraging Public-Private Partnerships (PPPs) to modernise…
Nigeria’s financial regulators and payments infrastructure providers have reported a significant decline in electronic payment fraud, while urging stronger collaboration to maintain the momentum and support broader digital inclusion. The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System Plc (NIBSS) made the call at the 2026 Nigeria Electronic Fraud Forum (NeFF) Technical…
