Economy

Passenger car imports rebound to ₦1.01tn in nine months 

Nigeria’s importation of passenger motor cars rebounded strongly in 2025 as relative stability in the foreign exchange market eased pressure on dealers and buyers,...

Dangote Refinery targets ₦739 pump price

Barring any last-minute change, MRS and other partners of the Dangote Petroleum Refinery are set to begin selling petrol at ₦739 per litre. This comes...

All taxable Nigerians must have tax ID by 2026: Oyedele

The Federal Government has announced that, starting January 1, 2026, all taxable Nigerians must obtain a Tax Identification Number or Taxpayer Identification Number to...

NNPC confirms explosion on Escravos–Lagos pipeline

The Nigerian National Petroleum Company Limited (NNPC) has confirmed an explosion on the Escravos–Lagos Pipeline, raising fresh concerns over pipeline safety and the risk...

Nigeria’s oil output hits 1.436mbpd in November: OPEC

Nigeria recorded one of the strongest month-on-month production gains among Organisation of the Petroleum Exporting Countries (OPEC) members in November 2025, pumping 1.436 million...

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