By Udeme Akpan, Energy Editor Nigeria’s oil and gas industry recorded mixed performance marked with improvement in some indices marred by below expectation oil production, worsening gas flaring and dispute over the domestic fuel supply. Improved Upstream activity The rig count, an index of measuring activities in the upstream sector, …

Zenith Bank concluded the 2025 edition of its flagship innovation competition, Zecathon 5.0, at the Zenith Tech Fair. The event, which received thousands of applications and deployed a significant total of N140 million in prizes, was attended by dignitaries, including the founder and chairman of Zenith Bank Plc, Jim Ovia …

Chairman of the National Tax Policy Implementation Committee (NTPIC), Mr. Joseph Tegbe, has said the Nigerian Tax Reform Acts 2025 will significantly strengthen the economy while protecting citizens, describing the legislation as a major shift toward a more sustainable fiscal framework. In an article, Tegbe explained that the Acts represent …

By Babajide Komolafe Group Chief Economist at Afreximbank, Dr Yemi Kale, has warned that Nigeria’s emerging macroeconomic stability could be short-lived without sustained policy discipline, stressing that credibility remains critical to attracting long-term capital and shielding the economy from external shocks. Speaking at the FirstBank 2026 Nigerian Economic Outlook session, …

By Udeme Akpan, Energy Editor Nigeria’s average oil output, including condensate, increased year-on-year to 1.652 million barrels per day in the first 11 months of 2025, from 1.544 million bpd in the corresponding period of 2024, indicating a 7 percent increase. Despite this, Nigeria did not meet its 2025 budget …

By Obas Esiedesa, Abuja The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 5.36 million electricity customers nationwide remain without meters, leaving them exposed to the unpredictable estimated billing methods by distribution companies (DisCos). According to the Commission’s third-quarter 2025 industry report published on its website, as of 30 September …

Lagos Free Zone Company (Tolaram) has partnered with the Bank of Industry (BOI) on micro, small and medium enterprise (MSME) development. The post BOI, Tolaram partner on MSME development appeared first on The Guardian Nigeria News - Nigeria and World News.

There are growing concerns as port authorities in West Africa are imposing heavy fines and repatriation costs on shipping companies over The post ‘West African ports burden shipowners with high stowaway cost’ appeared first on The Guardian Nigeria News - Nigeria and World News.

As business activities kick off fully for the year, manufacturers have asked the government to pay special attention to the real sector The post 2026: Manufacturing sector seeks reset amid headwinds appeared first on The Guardian Nigeria News - Nigeria and World News.

Nigeria has entered a delicate phase of macroeconomic stabilisation that must be carefully managed through tighter policy coordination, The post Stakeholders advocate tighter policy coordination as Nigeria charts new growth path appeared first on The Guardian Nigeria News - Nigeria and World News.