Nigeria’s latest petrol price surge is more than another painful increase at the filling station. It is a warning that the country’s post-subsidy fuel-pricing system remains highly exposed to international oil prices, exchange-rate movements and domestic supply-chain costs. Across several states, according to media reports, motorists are now paying around N1,400–N1,500 per litre, with prices…

Nigeria’s return to a major global bond index may become one of the most consequential developments in the country’s debt market in years. But the real significance is not simply the headline figure of $17.5 billion that could potentially be attracted to Nigerian bonds. It is what renewed inclusion in a J.P. Morgan benchmark says…

  Nigeria is once again staring at the seductive side of the oil business. Brent crude has surged to about $105.21 a barrel, more than four per cent above the previous day’s $100.57, as escalating conflict involving Iran and growing uncertainty around the Strait of Hormuz threaten global energy supplies. The strategic waterway normally carries…

Nigeria’s merchandise trade position may have strengthened dramatically, but beneath the headline surplus lies a troubling warning: the country is still struggling to build a diversified export economy. The latest trade figures from the National Bureau of Statistics (NBS) show that Nigeria recorded a merchandise trade surplus of N12.60 trillion in the second quarter of…

There is something deeply absurd about Nigeria boasting that it has the cheapest electricity tariff among 14 African countries when millions of Nigerians still have to buy petrol and diesel to produce the electricity they are supposedly paying for. According to the Nigerian Electricity Regulatory Commission (NERC), Nigeria’s average allowed end-user electricity tariff was just…

    According to the World Bank’s Global Economic Prospects published in June 2026, the ongoing conflict in the Middle East has sent shockwaves through international markets, particularly by precipitating sharp increases in energy prices. This development reverberates across the globe, contributing to a projected slowdown in global growth to 2.5 percent for the year….

For decades, Nigeria’s steel industry has symbolised a promise repeatedly made but rarely fulfilled. The country has the raw materials, a large domestic market and a clear need for industrial steel, yet the ambition to build a self-sustaining steel industry has remained elusive. The Federal Government’s latest move to revive the dormant Delta Steel Company…