Economy

Kannywood creating jobs, opportunities for young Nigerians:  EU

The European Union (EU) has highlighted the growing role of Nigeria’s creative sector in generating jobs, developing skills and creating economic opportunities for young...

Gas sales jump 30% as PIA boosts market growth

Nigeria’s domestic gas market recorded a significant increase in sales, rising by about 30 per cent between January 2022 and January 2025, driven by...

Over 70% of eligible NNPC staff opt for early retirement scheme

The Nigerian National Petroleum Company  (NNPC) Limited, has commenced an early retirement scheme that is already attracting significant interest from employees, with officials confirming...

Mobile users borrowed ₦4.6tn airtime on credit in 2025: Optasia

Mobile phone subscribers in Nigeria and other emerging markets borrowed airtime worth $3.18 billion on credit in 2025, with Africa accounting for more than...

New crude grades add 12.2m barrels to Nigeria’s output in five months

Nigeria’s ambition to raise crude oil production has received a boost from the growing contribution of newly introduced crude grade streams, Utapate and Cawthorne. The...

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