The International Monetary Fund (IMF) has upgraded its growth forecast for Nigeria to 3.9 percent in 2025 and 4.1 percent in 2026, reflecting optimism over the...
Amid worsening supply challenges and rising pump prices, petroleum marketers have begun moves to import petrol independently as the commodity moved close to the N1,000 per...
The Nigerian stock market continued its bullish momentum last week, closing with a remarkable net capital gain of approximately ₦27 trillion, driven by increased participation from...
Nigeria has secured its second major gas investment in 18 months with Shell’s $2 billion Final Investment Decision (FID) for a new offshore gas project in...
The European Union (EU) has approved a N320.5 billion (€190 million) credit facility to Nigerian banks aimed at strengthening the country’s agricultural sector. In a statement...
Malabu Oil & Gas Limited has filed a lawsuit before the Federal High Court in Abuja, challenging its deregistration by the Corporate Affairs Commission (CAC). The...
Billionaire businessman Aliko Dangote has warned critics that their claims of monopoly in the petroleum sector might hinder local investment in the nation’s economy. Dangote shared...
Dangote Cement has officially launched its operations in Attingué, some 30 kilometres from Abidjan, Ivory Coast. According to a statement by the group on Sunday, the...
The Federal Government has called for increased investment in disaster preparedness and resilience mechanisms to reduce the impact of disasters in the country. The government made...
The House of Representatives has renewed its commitment to full energy reform, urging the Federal Government and relevant stakeholders to overhaul the nation’s downstream petroleum sector...