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NUPRC Chief Sees Opportunity in Nigeria’s Upstream Revival

Nigeria’s new upstream regulator says clear rules, collaboration, and technology will unlock investment and raise oil and gas output under the Petroleum Industry Act.
News

UNN Names Chimamanda Adichie Visiting Professor

The University of Nigeria, Nsukka, is strengthening academic excellence by appointing Chimamanda Adichie and other global scholars as visiting professors.

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Business

FAAC Allocates N1.6 trillion to FG, States, LGs

FAAC allocates N1.578 trillion to the Federal Government, States, and Local Government Councils, based on the revenue for March 2025.
Business

Businessman Sentenced, Wristwatch Forfeited For Refusing Naira

Uzondu Chimaobi sentenced to four years in prison for refusing to accept Naira as payment, violating Nigerian law on legal tender.
Business

Guinea Invites Nigerian Businesses to Invest in $20bn Projects

Guinea invites Nigerian businesses to invest in $20bn mega projects, focusing on mining and infrastructure, to strengthen bilateral ties and economic collaboration.
Business

FG Forms Panel to Assess Economic Impact of US Tariffs

The Nigerian government establishes a subcommittee to evaluate the economic effects of US tariffs, particularly concerning oil prices and foreign investment.
Business

Nigeria’s Crude Oil Production Drops to Record Low

KEY POINTS Nigeria's crude oil production dropped to 1.603 million barrels per day in...
Business

Dangote Refinery Cuts Petrol Price to ₦865

KEY POINTS Dangote Refinery reduced petrol prices to ₦865 per litre, citing improved supply...
Business

FG, AfDB Launch Special Agro-Industrial Zones Plan in Cross River

FG and AfDB launch SAPZ in Cross River, aiming to transform agriculture and create jobs while ensuring food security across Nigeria
Business

Nigeria Partners with Chinese Firm on $328 Million Deal to Strengthen National Power Transmission Grid

KEY POINTS The Nigerian federal government has signed a $328.81 million contract with China...
Business

WTO Chief Warns US-China tariff War Could Slash Trade

WTO chief Okonjo-Iweala warns that the US-China tariff war could reduce trade by 80%, posing a significant threat to the global economy and global GDP.
Business

Adesina Applauds Kaduna’s Launch of Agro-Industrial Zone

Akinwumi Adesina celebrates Kaduna's launch of Nigeria's first agro-industrial zone, a step toward transforming agriculture and boosting local economy
Business

Passengers Lament Fare Hikes Despite Fuel Price Cuts

Nigerians are frustrated with rising transport fares despite fuel price cuts and the introduction of CNG, citing exploitation by transport unions and government inaction.
Business

Nigeria’s Debt Surges by N55 Trillion in First 19 Months of Tinubu Administration

KEY POINTS Nigeria's debt grew by N55.2 trillion under Tinubu, with external borrowing accounting...
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News

NUPRC Chief Sees Opportunity in Nigeria’s Upstream Revival

Nigeria’s new upstream regulator says clear rules, collaboration, and technology will unlock investment and raise oil and gas output under the Petroleum Industry Act.
News

UNN Names Chimamanda Adichie Visiting Professor

The University of Nigeria, Nsukka, is strengthening academic excellence by appointing Chimamanda Adichie and other global scholars as visiting professors.
News

Transport Fares Rise in October as Okada Costs Surge

Transport fares rose across Nigeria in October, led by sharp increases in motorcycle travel, as inflationary pressures continue to strain household budgets.
News

INEC Sets February 21 for Rivers Bye Elections

KEY POINTS • INEC schedules Rivers State bye elections for February 21, 2026• Vacancies arose...

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