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  • Nigeria Loses ₦1.76tn After Missing OPEC Production Quota

    Nigeria Loses ₦1.76tn After Missing OPEC Production Quota0

    Abuja, Nigeria – February 18, 2026: Nigeria has recorded an estimated revenue loss of ₦1.76 trillion after failing to meet its crude oil production quota allocated by the Organisation of the Petroleum Exporting Countries (OPEC) in recent months. Industry data indicates that persistent underproduction, driven by pipeline vandalism, crude theft, and operational setbacks, significantly affected

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  • Cash Crunch: Ministers Lament As N10tn Capital Funding Stalls

    Cash Crunch: Ministers Lament As N10tn Capital Funding Stalls0

    Abuja, Nigeria – February 18, 2026: Fresh concerns have emerged within the Federal Executive Council as several ministers openly expressed frustration over the delayed release of more than ₦10 trillion in capital allocations captured in the 2026 Appropriation Act. The funding, earmarked for critical infrastructure, health, education, defence, and agricultural projects, has reportedly stalled amid

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