
What $55 Oil Means for Nigeria
CardinalStone’s central case—an average oil price of about $55 per barrel in 2026—is materially below the Federal Government’s 2026 budget

CardinalStone’s central case—an average oil price of about $55 per barrel in 2026—is materially below the Federal Government’s 2026 budget

The naira recorded modest gains across official and parallel channels on Tuesday, January 7, 2026, continuing a cautious recovery trend

The Nigerian National Petroleum Company Limited has implemented another reduction in petrol prices, bringing Premium Motor Spirit down to N815

Nigeria’s fiscal governance is sending mixed and increasingly confusing signals. Taken together, recent developments raise a fundamental question for investors,

National Assembly moves to restore confidence after lawmakers allege discrepancies between passed tax bills and gazetted versions in public circulation.

Nigeria’s naira began the 2026 trading year with a modest but symbolically important gain at the official foreign exchange market,

Nigeria’s economy is projected to grow by 4.49% in 2026, accelerating from an estimated 3.89% in 2025. This growth is

Transgrid Enerco Limited has completed the acquisition of a 60% controlling stake in Eko Electricity Distribution Company in a transaction

President Bola Ahmed Tinubu has firmly rejected calls for the suspension or delay of Nigeria’s newly enacted tax laws, insisting

President Bola Ahmed Tinubu has approved the cancellation of $1.42 billion and ₦5.57 trillion in legacy debts owed by Nigerian

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has issued a public statement framed around security,

A structural flaw at the heart of Nigeria’s fiscal framework Nigeria’s recurring budget shortfalls are often framed as a revenue












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