KEY POINTS
The Hormuz crisis has tightened global oil supply, increasing demand for Nigerian crude and refined products.
Dangote Refinery and Aiteo, led by Aliko Dangote and Benedict Peters, are emerging as major beneficiaries of the shift.
Nigeria’s production gains are being undermined by...
KEY POINTS
Senator Ovie Omo-Agege has joined the NDC and declared for the Delta Central Senate seat ahead of the 2027 elections.
He accused past Delta administrations of failing to convert oil wealth into meaningful development for residents.
The NDC described his defection as...
The Manufacturers Association of Nigeria warned Monday that the US-Iran conflict is pushing energy and freight costs to levels that could force factory shutdowns across Nigeria.
The World Bank has approved $500 million in Nigeria agriculture funding through its International Development Association arm, backing the AGROW project to boost smallholder productivity, strengthen market linkages and improve food security.
Scores of children and wives of military officers detained over an alleged Nigeria coup plot staged a peaceful protest at the National Assembly on Wednesday, demanding a speedy trial or the release of their loved ones.
The Central Bank of Nigeria has concluded the Nigeria bank recapitalization programme, with 33 deposit money banks raising a combined N4.65 trillion in fresh capital over 24 months.