Nigeria’s average daily crude oil production rose to 1.505 million barrels per day (bpd) in June 2025, meeting the Organization of the Petroleum Exporting Countries’ (OPEC)...
President of Dangote Group, Aliko Dangote, has initiated plans to develop Nigeria’s biggest and deepest seaport in Olokola, Ogun State. Speaking in Lagos, Dangote said he...
Eight Nigerian banks incurred a combined N156bn in impairment charges on credit and financial assets in Q1 2025. These charges reflect provisions to cover potential defaults...
The Manufacturers Association of Nigeria (MAN) has reiterated its call for the full privatisation of Nigeria’s four government-owned refineries, urging the Federal Government to hand over...
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has raised concerns about the growing threat posed by digital asset-related fraud, stating...
The Debt Management Office (DMO) has denied recent media reports claiming that the Federal Government spent ₦611.71 billion to service a domestic US Dollar-denominated bond in...
Aliko Dangote, President and Chief Executive of Dangote Group, has expressed skepticism over the possibility of Nigeria’s state-owned refineries—Port Harcourt, Warri, and Kaduna—ever becoming functional again....
Electricity customers across Nigeria filed more than 254,000 complaints in the first quarter of 2025, with faulty meters, erratic service, and billing errors topping the list,...
The Federal Government has directed all upstream oil and gas operators to secure compliance certificates confirming their one percent contributions to the Nigerian Content Development Fund...
The Federal Government has reaffirmed its commitment to reviving Nigeria’s power sector through far-reaching reforms and private sector partnerships. This comes as part of the Mission...