Nigeria News Digest: September 4, 2025

Economic analyst Kelvin Emmanuel criticized Nigeria for failing to address inflation, exchange rates, and interest rates, which undermine the effectiveness of federal and CBN reforms.

Nigeria reported N7.6 trillion in non-oil revenue in the first eight months of 2025, surpassing oil earnings for the first time amid weaker global crude prices.

International Breweries Plc reported an 88% revenue surge to N488.96bn in 2024, driven by expanded distribution, innovation, and investor praise for strategic management.

Nigeria aims to boost gas output to 10 billion cubic feet daily by 2030, leveraging government-industry collaboration to expand infrastructure and align with the Renewed Hope economic agenda.

Investor confidence in Nigeria’s long-dated Treasury Bills grows despite lingering concerns over foreign exchange stability and policy shifts in the fixed-income market.

The Nigerian government plans a 5% petrol tax starting 2026, allocating funds to climate projects, sparking debate over balancing environmental goals with public affordability.

The APC government and opposition clashed over claims Nigeria met its 2025 revenue target, with critics emphasizing the policy’s lack of tangible benefits for citizens.