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Nigeria faces a global oil shock amid rising stagflation fears, as analysts warn the country may struggle to benefit from surging crude prices despite its status as a major oil producer. This was disclosed by economic and financial analysts led by Mr. Bismarck Rewane at the Nairametrics Money…
Read moreThe Chairman of NGX Group, Umaru Kwairanga, has urged global investors to take advantage of Nigeria’s rapidly expanding capital market, citing improved economic stability and strong market performance. Kwairanga made this call on Tuesday, March 17, 2026, while speaking at the…
Read moreAn energy economist, Prof. Wumi Iledare, has advised the Federal Government to prioritise stable fuel supply over price control to ensure economic stability. The post FG urged to prioritise stable fuel supply over price control appeared first on Nairametrics.
Read moreUber will invest up to $1.25 billion in electric vehicle maker Rivian as part of a deal to deploy thousands of fully autonomous robotaxis over the next decade. The post Uber to invest $1.25bn in robotaxis through Rivian deal appeared…
Read moreThe Federal Government has shut down three factories in Ogijo, Ogun State, over what it described as serious safety violations and risks to human lives. The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, ordered the closure during an…
Read moreThe United States has relaxed sanctions on Venezuela’s state-owned oil company, Petróleos de Venezuela. The development was communicated by the US Treasury Department in a post on X, seen by Nairametrics. The move comes amid the global oil shortage caused…
Read moreThe Federal High Court (FHC) in Abuja, on Wednesday, dismissed an objection raised by the Chief of Staff (CoS) to Kogi State Governor, Usman Ododo, Ali Bello, regarding the admission of extra-judicial statements he made in the alleged N10 billion money laundering trial. The post…
Read moreThe Nigeria Sovereign Investment Authority (NSIA) has signed a deal with UK-based Asset Green Ltd to develop a $500 million large-scale dairy project in Nigeria. The post NSIA signs deal to develop $500m dairy project in Nigeria appeared first on…
Read moreNigeria’s Balance of Payments (BoP) surplus fell to $4.23 billion in 2025, according to the Central Bank of Nigeria (CBN). The post CBN: Nigeria balance of payment surplus drops to $4.23 billion in 2025 appeared first on Nairametrics.
Read moreIsrael has reportedly hit Iran’s South Pars gas field, the world’s largest natural gas deposit, marking a major escalation in the ongoing conflict in the Gulf. The post Israel strikes world’s largest gas field in Iran’s South Pars appeared first on Nairametrics.
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