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Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...
Politics

Abia Obidient Group Denies Threat to Withdraw Support for Otti

Abia’s Obidient Movement says reports linking its support for Governor Alex Otti to ADC defection plans are false and misrepresent its position.
Business

Petroleum Regulator Chief Quits After Dangote Calls for Probe

KEY POINTS Nigerian petroleum regulator resignation followed public scrutiny and investor pressure. Tinubu nominated...
News

Dangote Plans Dollar Dividends for Nigerian Shareholders

Dangote outlines a dollar dividend plan as his refinery moves toward a major NGX listing backed by rising export revenue
News

Auditor Faults NNPC Over £14 Million London Office Spending

Nigeria’s auditor flags £14.3 million in unverified spending at NNPC’s London office, intensifying scrutiny of the oil company’s financial controls
News

NNPCL Faces Scrutiny After Spending N17.5tn on Pipeline Security in One Year

NNPCL reports N17.5tn spent on pipeline security and fuel under-recovery in 2024 as analysts demand an audit and clearer government repayment.
News

Oando Faces Pressure as Irad Demands Overdue Payments

Oando faces backlash as Irad accuses it of unpaid project debts, citing severe financial strain and unfulfilled payment promises.
News

EFCC Probes Ex-NNPC Chiefs Over $2.9 Billion Refinery Funds

EFCC launches investigation into refinery funds misuse by former NNPC executives.
News

Marketers Face Losses as Dangote Refinery Slashes Fuel Prices

The reduction of PMS price to N890 causes concern for marketers at Dangote refinery.
Business

NNPC Pledges 221,000 BPD to Finance $6.6 Billion Debt

NNPC pledges 221,000 bpd to service a $6.6 billion debt, aiming to stabilize Nigeria’s energy sector and meet financial obligations.
Business

Homegrown Tech Boosts Nigeria Oil to World Stage

In a bold response to persistent infrastructural deficits, Aiteo, Nigeria's largest independent oil producer,...
Business

Nigeria’s oil sector set for a boost as Dangote refinery nears completion

Nigeria, Africa's largest oil producer, is poised to become a major player in the...

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Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...
Politics

Abia Obidient Group Denies Threat to Withdraw Support for Otti

Abia’s Obidient Movement says reports linking its support for Governor Alex Otti to ADC defection plans are false and misrepresent its position.
News

Aid Cuts Deepen Hunger in Northeast Nigeria, WFP Says

WFP warns that aid cuts in northeast Nigeria are deepening hunger as funding shortfalls force sharp reductions in food and nutrition assistance across the region.
Business

Tony Elumelu Urges CEOs to Lead With Trust, Not Titles

Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.

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