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Nigeria’s Gas Exports Drop 25% Amid Low Output and Market Exits

Nigeria's gas exports have fallen by 25% due to low production and market exits, posing significant challenges for the economy and its global energy market role.
News

NMDPRA Refutes Dangote Refinery’s Allegations, Says No Dirty Fuel in Nigeria

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is refuting claims made by...
News

Nigerian Officials Vow to Crack Down on Oil Theft in Niger Delta

Nigerian officials are working together to tackle oil theft and pipeline vandalism in the Niger Delta, hoping to boost oil production and strengthen the country's economy.
News

Naira Gains Put Spotlight on Petrodollar Inflow

In a striking turn of events, Nigeria's currency, the naira, has experienced a noteworthy...
News

Stronger Naira Fails to Alleviate Food Insecurity Woes

Despite the recent strengthening of Nigeria's currency, the Naira, against the US dollar, many...
News

Presidency Forecasts Enhanced Investor Confidence with Naira Performance

The Presidency in Nigeria has expressed optimism regarding the performance of the Naira, projecting...
News

Nigeria’s Foreign Exchange Reserves Hover Near Two-Month Low at $33.36 Billion

Nigeria's foreign exchange reserves are approaching a two-month low, standing at $33.36 billion, signaling...
News

Nigeria Defends Accepting Grains from Ukraine Amid Crisis

Nigeria has defended its decision to accept grains from Ukraine, a country that is...
Business

CBN Clears $400 Million FX Backlog in One Week

The Central Bank of Nigeria (CBN) has cleared an additional $400 million of foreign...
News

Tinubu’s Government Under Fire from Makinde Over Hardship

Nigeria's President Bola Tinubu is facing criticism from one of his main opponents, Governor...
News

Former CBN Governor Emefiele Vindicated by Economic Crisis

The economic woes that have plagued Nigeria since 2023 have proven the competence and...
News

Tinubu Admits Lack of Solutions for Nigeria’s Economic Woes

Nigeria’s former Lagos state governor and ruling party leader, Bola Tinubu, has admitted that...
News

Presidency Slams Atiku’s Naira Floatation Plan

Former Vice President Atiku Abubakar has been criticized by the presidency for his proposal...
News

NLC Threatens to Demand N1 Million Minimum Wage Amid Inflation Crisis

The Nigeria Labour Congress (NLC) has warned that it may push for a new...
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News

Nigeria’s Gas Exports Drop 25% Amid Low Output and Market Exits

Nigeria's gas exports have fallen by 25% due to low production and market exits, posing significant challenges for the economy and its global energy market role.
News

NMDPRA Refutes Dangote Refinery’s Allegations, Says No Dirty Fuel in Nigeria

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is refuting claims made by...
News

Aiteo Poised for Record Revenue in 2024 Despite Past Challenges

Aiteo Eastern E&P Company Limited, led by Nigerian billionaire Benedict Peters, is projected to surpass $700 million in revenue this year, overcoming operational challenges and capitalizing on a rebound in Africa's oil sector.
News

Senate Confirms Progress in N30 Trillion Probe, Ensures Thorough Investigation

The Senate confirms progress in the N30 trillion Ways and Means probe, ensuring a thorough investigation into the facility's usage and economic impact.

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