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Heirs Energies Sees $186 Million Paper Gain on Seplat Stake

Heirs Energies records a $186.6 million paper gain on its Seplat stake as shares rise sharply following December acquisition.

Dangote Plans July Share Sale for 650,000 Bpd Refinery

Aliko Dangote says Nigerians may buy shares in the Dangote refinery by July, opening the 650,000 bpd project to public investors.

FG Secures $600M Foreign Agriculture Loans to Boost Sector

Nigeria's FG secures a $600M foreign agriculture loan to boost production, create jobs, and support self-sufficiency in the agricultural sector

NIN Modification: Bank Blames NIMC, Nigerians Share Frustrations

NIN modification not reflecting in banks is a shared frustration with other Nigerians.

Shell awards $1.98bn contracts to Nigerian firms to boost local content

Shell awards $1.98bn contracts to indigenous companies, boosting Nigeria’s local content and economic development in the oil industry

Federal Government Dismisses Civil Servants With Degrees From Togo, Benin

The Nigerian government dismisses civil servants with degrees from unaccredited universities in Togo and Benin as part of an ongoing certificate probe.

Mali, Burkina Faso Terrorists Now Active In Northwest Niger State

The Senate on Thursday called for immediate action to arrest terrorists infiltrating from Mali-Burkina Faso to Nigeria's northwest and Niger state, stressing the need for military capacity and community engagement.

Court Urged To Dismiss Charges Against Minors – Falana

Falana wants charges against #EndBadGovernance protests minors dismissed, citing constitutional and international protection.

Why Exporters Are Struggling

Nigeria’s nonoild export growth is stifled by rising costs, high interest rates and policy restrictions.

APC Criticizes Amaechi’s Call for Protests as ‘Unpatriotic’

The APC has condemned Rotimi Amaechi’s call for protests, describing it as unpatriotic and urging Nigerians to support President Tinubu's economic reforms.

ExxonMobil’s $10 Billion Investment in Nigeria to Boost Oil Output

ExxonMobil is investing $10 billion in Nigeria’s deepwater oil assets to unlock 180,000 bpd of production, signaling a major boost for the country's oil sector and economy.

Nigeria Fights Paris Court Seizure of Presidential Jets in Legal Dispute

Nigeria battles in Paris court to reclaim seized presidential jets amid a $60 million dispute with a Chinese company.

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.

Government Urges Patience Amid Protests, Pledges to Address Economic Issues

The Nigerian government appeals for patience and dialogue as nationwide protests loom, pledging to address the economic issues causing public discontent.

Latest articles

Heirs Energies Sees $186 Million Paper Gain on Seplat Stake

Heirs Energies records a $186.6 million paper gain on its Seplat stake as shares rise sharply following December acquisition.

Dangote Plans July Share Sale for 650,000 Bpd Refinery

Aliko Dangote says Nigerians may buy shares in the Dangote refinery by July, opening the 650,000 bpd project to public investors.

TCN Boosts Egbin Substation With New 300MVA Transformer

TCN increases Egbin Transmission Substation capacity to 450MVA with a new 300MVA transformer to strengthen electricity supply in Lagos.

APC Wins Five of Six FCT Councils, PDP Takes Gwagwalada

APC secures five FCT Area Councils in weekend polls as PDP wins Gwagwalada, highlighting competitive local politics in Nigeria’s capital.