Nigeria Misses OPEC Oil Production Target for Sixth Straight Month Despite January Uptick
Nigeria’s crude oil production recorded a modest increase in January 2026 but still fell short of the 1.5 million barrels per day (mbpd) quota allocated by the Organization of the Petroleum Exporting Countries, extending the country’s compliance gap to six consecutive months. According to OPEC’s Monthly Oil Market Report, Nigeria produced 1.459 mbpd in January, […]
Birmingham to Host National Digital Awards in May 2026
Birmingham is gearing up to host the National Digital Awards 2026, a black-tie event recognising excellence in the digital industry. Scheduled for 22nd May 2026 at The Birmingham Conference and Events Centre and Holiday Inn, the awards are expected to attract over 500 professionals, including designers, developers, marketers, and digital agencies from across the UK. […]
Nigeria Sees Boost in Petrol, Diesel, and LPG Supply as Stocks Surge
Nigeria’s fuel supply situation showed marked improvement in December 2025, boosting national stock levels and easing concerns over availability, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Petrol (PMS) supply rose from 71.5 million litres per day in November to 74.2 million litres per day in December, comfortably above daily consumption, which […]
January 1, 2026 Set as Test Date for Nigeria’s Tax Reform Promises
With less than a year to implementation, the Federal Government has fixed January 1, 2026, as the definitive start date for Nigeria’s new tax reform laws—setting the stage for what could become one of the most consequential fiscal policy tests of the current administration. Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, […]
Research by Harvard Highlights Income Loss and Structural Challenges for Afrobeats
………Africa Must Act Now Afrobeats has become one of the world’s most influential musical forces. Nigerian artists sell out global arenas, dominate streaming charts, and shape global pop culture. Yet beneath the success lies a fundamental problem: Africa captures only a small fraction of the wealth generated by the Afrobeats boom. Emerging research—including a new […]
NEPL Hits 355,000 bpd, Records Highest Output Since 198
NNPC E&P Limited (NEPL), the upstream subsidiary of NNPC Limited, has recorded its highest daily crude oil production in more than three decades, reaching 355,000 barrels per day on December 1, 2025. The output marks a major milestone for Nigeria’s upstream sector, signalling renewed operational stability and rising national production capacity. Data from the company […]
How Used Goods Became an African Economic Lifeline
Recycling, Innovation, and Survival From European castoffs to Africa’s marketplace lifeline, the secondhand trade has grown into one of the continent’s most dynamic industries. Dr. Adeshina Lukeman explains its economic weight, the pressures of global imports, and the future of reuse in Nigeria’s challenging economy. Q: How has the trade in secondhand goods […]
IGAD, AfDB Launch BE-Prosper Project to Boost Blue Economy in Horn of Africa
The Intergovernmental Authority on Development (IGAD), in partnership with the African Development Bank Group (AfDB), has unveiled a landmark initiative aimed at accelerating coordinated blue economy development across the Horn of Africa. The Building Blue Economy Resilience and Prosperity in IGAD & the Horn of Africa (BE-Prosper) project was officially launched during a three-day forum […]
Dangote Refinery Set to Transform Nigeria’s Fuel Landscape With Massive December PMS Supply Rollout
Nigeria is poised for a major shift in its energy stability as the Dangote Petroleum Refinery confirms it will begin daily supply of 50 million litres of Premium Motor Spirit (PMS) to the Nigerian market starting December 1—a milestone that could redefine the nation’s fuel economy and significantly reduce dependence on imports. In a formal […]
EIB Global and AfDB Invest US$275 Million to Modernise Mauritania’s Key Railway Corridor
Mauritania’s strategic Zouerate–Nouadhibou railway is set for a major transformation as the African Development Bank (AfDB) and EIB Global announce a joint financing package worth US$275 million. The investment, unveiled on the sidelines of the Africa Investment Forum 2025, aims to modernise and expand the country’s most critical transport corridor. The funding includes a US$150 […]
