Economy

FG faults global rating agencies over high borrowing costs

The Federal Government has faulted international credit rating agencies for failing to adequately reflect improvements in Nigeria’s economic fundamentals and reform performance, arguing that...

Falana tackles FG over ₦15tn Lagos-Calabar coastal highway cost

Human rights lawyer, Femi Falana, has questioned the estimated ₦15tn cost of the Lagos-Calabar Coastal Highway, urging Nigerians to demand accountability from the Federal...

PH refinery workers threaten shutdown over unpaid salaries

Members of the Port Harcourt Refining Company Support Staff Union have issued a forty-eight-hour ultimatum to the management of the Nigerian National Petroleum Company...

Dangote Refinery halts petrol sales to fuel importers

The Dangote Petroleum Refinery has ceased Premium Motor Spirit sales to major marketers engaged in the importation of petroleum products into the country. An anonymous...

DisCos revenue hits ₦603bn in Q2 2026

Nigeria’s electricity distribution companies (DisCos) collected ₦603.64 billion from consumers in the second quarter of 2026, marking a revenue increase despite receiving a reduced...

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