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Sahara Group Targets 350,000-Barrel Output With New Oil Rigs

Sahara Group boosts oil production plans with new rigs, targeting 350,000 barrels daily under Tope Shonubi’s push for energy growth in Africa.

Payaza Repays $13.9 Million Commercial Paper

Payaza completes $13.9 million repayment under its commercial paper plan, reinforcing investor trust and showing Nigeria’s fintech market maturity.

Petrol Imports from Malta Surge 342% Amid Dangote, NNPC Rift

Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.

Tinubu Inherits Economic Crisis, Presidency Defends Policies

Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.

Atiku Calls for Probe Into Secret Fuel Subsidy Payments

Atiku Abubakar urges the National Assembly to investigate alleged secret fuel subsidy payments by President Bola Tinubu’s administration.

IMF Urges Nigeria to End Electricity Subsidies

The IMF warns Nigeria against unsustainable fuel and electricity subsidies, highlighting the need for fiscal discipline to tackle the nation's economic challenges.

State Police: Ex-Senate President Backs APC, Urges Transparency on Fuel Subsidy

Nigeria's former Senate President and the Chairman of the Board of Trustees of the...

Tinubu: Fuel Subsidy Removal Will Pay Off Soon

LAGOS - President Bola Tinubu has assured Nigerians that the removal of fuel subsidy,...

Nigeria’s Services Sector Boosts Economy Despite Fuel Price Hike

Nigeria, Africa’s largest economy, recorded a slight increase in its economic growth in the...

How Nigeria Saved N1.45 Trillion by Scrapping Fuel Subsidy

Nigeria’s government has revealed that it has saved about N1.45 trillion between June and...

Petrol Scarcity Hits Harder in Abuja, Lagos, Across Nigeria

Nigeria's woes deepen as cities like Abuja and Lagos witness intensified petrol scarcity, exacerbating...

Nigeria Spent $10 Billion on Fuel Subsidy in 2022, Says Official 

Nigeria, the largest oil producer in Africa, has been subsidizing the petrol price for...

Nigerian Workers Get Six-Month Pay Rise Amid Fuel Subsidy Removal

Nigeria’s President Bola Tinubu has announced a provisional wage increase of N35,000 for all...

Nigeria’s Government, Labor Unions Locked in Wage Dispute

Tensions are escalating between Nigeria's Federal Government and organized labor unions, setting the stage...

Latest articles

Sahara Group Targets 350,000-Barrel Output With New Oil Rigs

Sahara Group boosts oil production plans with new rigs, targeting 350,000 barrels daily under Tope Shonubi’s push for energy growth in Africa.

Payaza Repays $13.9 Million Commercial Paper

Payaza completes $13.9 million repayment under its commercial paper plan, reinforcing investor trust and showing Nigeria’s fintech market maturity.

Court Adjourns Uche Nnaji’s Suit Against UNN to November 10

Hearing stalls in Uche Nnaji certificate case as UNN fails to file a response. Court adjourns the matter to November 10.

Bauchi Women Push Lawmakers to Pass Reserve Seats Bill

Over 36,000 women in Bauchi urge the National Assembly to pass the Reserve Seats Bill to boost women’s representation in politics.