Business & Economy

Nigeria’s Bonny Light Crude Shows Early Signs of Stabilization After Market Slide

Nigeria’s benchmark crude grade, Bonny Light, has steadied after the steepest downturn in the international oil market in almost three weeks. The decline had...

NITDA Issues Cybersecurity Alert Over ChatGPT Vulnerabilities

Lagos, Nigeria — December 2025 Nigeria’s National Information Technology Development Agency (NITDA) has sounded the alarm over emerging cybersecurity risks linked to ChatGPT, one...

Fuel Price Relief: Dangote Output, Stronger Naira Drive Down Petrol Costs in Nigeria

 Nigerian consumers are experiencing significant relief at the pump as the price of Premium Motor Spirit (PMS), commonly known as petrol, continues its downward...

Nigeria Nets $62 Million from Airline Ticket Taxes in 2024, IATA Reports

Nigeria generated $62 million from airline ticket taxes and related charges in 2024, contributing a notable share to the total aviation revenue collected across...

Development Funding: Nigeria’s Projected World Bank Borrowing Hits $9.65 Billion Mark (2023-2025)

Abuja, Nigeria – Nigeria is set to secure approximately $9.65 billion in new concessional loans and facilities from the World Bank Group between 2023...

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