Nigeria lost N4.3tn to oil theft in five years – FG
The Federal Government, on Monday, revealed that more than N4.3tn worth of crude oil was stolen in 7,143 pipeline vandalism cases within a period of five years. It disclosed this ...
Monday, October 19, 2026
Tag: Nigeria
Nigeria loses $100bn annually to climate change – Report
Climate change costs Nigeria about $100bn annually, an Agora report has stated. “The report titled “Climate Change and Socio-Economic Development in Nigeria, “ noted that climate change was increasing hunger, ...
AFDB’s investments in Nigeria hit $4.4bn – DG
The Director-General, Nigeria’s Country Department, African Development Bank, Mr Lamin Barrow, on Friday, said the bank’s portfolio investments in Nigeria is one of the largest among the Regional Member Countries, ...
Nigeria’s coffee industry targets $2bn revenue
Key players in Nigeria’s coffee segment are optimistic that the industry has the potential to earn $2bn in the next two to three years. This buoyant outlook is underpinned by ...
Petroleum producers fault speedy energy transition in Nigeria, others
The African Petroleum Producers Organisation has kicked against the push for a speedy implementation of energy transition in Nigeria and other countries in Africa. APPO, an inter-governmental oil and gas ...
Nigeria among biggest victims of energy transition – APPO
Nigeria and its African neighbours have been described as the biggest victims of the speedy energy transition being championed by the developed world. Speaking at the 3rd Biennial International Conference ...
Nigeria signs deal with Afreximbank to fund $200m LNG project
NIGERIA and African Export Import Bank, Afreximbank, yesterday, signed an agreement targeted at funding the nation’s $200 million Liquefied Natural Gas, LNG project, located in Bayelsa State. The agreement was ...
Over 100 mini-electricity grids now operating in Nigeria – FG
Over 100 mini-electricity grids are currently in operation across the country, making Nigeria one of the largest mini-grid markets in Africa, the Federal Government revealed on Tuesday. It disclosed this ...
H2’23: Nigeria’s debt stock projected to hit N70trn
Amidst major economic reforms being undertaken by the present federal government, Nigeria’s public debt is projected to hit N70 trillion while inflationary pressures are expected to be sustained through second half ...
Nigeria’s VAT performance lowest in West Africa – FG
The Federal Government, on Tuesday, raised concern over the performance of the Value Added Tax in Nigeria as the lowest in the West African region. While describing the development as ...
Copyright © 2025