Nigeria’s average daily crude production is still below the 1.5-million-barrel quota set for the country by the Organisation of the Petroleum Exporting Countries. According to the...
The President of Dangote Industries Limited, Aliko Dangote, is planning a landmark cross-border public offering of his $20bn oil refinery, in a move that could reshape...
The Nigerian Electricity Regulatory Commission has disclosed that the Federal Government incurred a subsidy obligation of N418.79bn in the fourth quarter of 2025, even as inefficiencies...
Nigeria’s banking sector has entered a defining moment following the successful completion of a far-reaching recapitalisation exercise, led by the Central Bank of Nigeria under Governor...
The Cross River State government has partnered with Dubai-based Export Trading Group (ETG) to establish an agricultural Centre in the state. Sequel to this, the state...
ACI Europe has warned that airports across Europe could run out of jet fuel within weeks, raising fears of widespread flight cancellations and rising travel costs....
Businesses across Nigeria identified inadequate electricity supply and insecurity as their most pressing operational challenges in March 2026, despite maintaining a broadly positive outlook on the...
The Managing Director/Chief Executive Officer of the Nigerian Independent System Operator, Abdu Bello, has disclosed that Nigeria’s power sector was losing between N5bn and N8bn monthly...
President Bola Tinubu has approved the payment of ₦3.3 trillion, being accumulated debts owed to players in the power sector between February 2015 and March 2025....
Electricity generation companies have called on the Nigerian Electricity Regulatory Commission to urgently review electricity tariffs following the Federal Government’s recent increase in the domestic base...
