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Nigerian oil industry

Sharia Council raises alarm over rising insecurity, urges FG to act

The Supreme Council for Shariah in Nigeria has raised alarm over worsening insecurity, urging the Federal Government to take urgent, decisive steps against killings, kidnappings and banditry.

Nigeria’s economic reforms working but poverty increasing, says IMF

The IMF says reforms have strengthened Nigeria's economy and built resilience, but warns more than 60 percent of Nigerians now live in poverty amid rising food insecurity.

Dangote Proposes Buyout to NNPC to Address Industry Concerns

Aliko Dangote proposes selling his refinery to NNPC to address monopoly claims and quality concerns in Nigeria’s fuel market.

Breaking: Aiteo Terminates Security Contracts with Amotoi, Others Over Crude Theft, Fraud

Aiteo ends contracts with Amotoi, Livingstone and others due to crude theft and fraud, aiming to safeguard operations and assets in Nigeria.

Oando Makes Major Play in Nigerian Oil with $550 Million Contribution

Nigerian energy company Oando Plc secures $550 million stake in a $925 million facility for Afreximbank's $3.3 billion Project Gazelle, a landmark oil-backed financing deal for Nigeria.

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Sharia Council raises alarm over rising insecurity, urges FG to act

The Supreme Council for Shariah in Nigeria has raised alarm over worsening insecurity, urging the Federal Government to take urgent, decisive steps against killings, kidnappings and banditry.

Nigeria’s economic reforms working but poverty increasing, says IMF

The IMF says reforms have strengthened Nigeria's economy and built resilience, but warns more than 60 percent of Nigerians now live in poverty amid rising food insecurity.

Nigeria is moving in the right direction, FG says as it defends Tinubu’s reforms

The Federal Government says Nigeria is steadily emerging from economic fragility, defending President Tinubu's reforms with GDP growth, over one million student loan beneficiaries and anti-graft gains.

Senate queries SEDC over N153m spent on Abuja office rent

The Senate has queried the South East Development Commission over N153m allegedly spent renting an Abuja office, demanding a full account of funds from its 2025 budget.