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Nigerian oil industry

Middle Belt group urges Goodluck Jonathan to run in 2027

A Middle Belt civic group has called on former President Goodluck Jonathan to return to national leadership in 2027, citing worsening poverty, hunger, and insecurity.

Signature Bank hits ₦52 billion, clears CBN recapitalisation bar

Signature Bank has crossed the CBN's recapitalisation threshold, raising its capital base to ₦52 billion through a rights issue and joining banks that have met the new minimum.

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.

Latest articles

Middle Belt group urges Goodluck Jonathan to run in 2027

A Middle Belt civic group has called on former President Goodluck Jonathan to return to national leadership in 2027, citing worsening poverty, hunger, and insecurity.

Signature Bank hits ₦52 billion, clears CBN recapitalisation bar

Signature Bank has crossed the CBN's recapitalisation threshold, raising its capital base to ₦52 billion through a rights issue and joining banks that have met the new minimum.

Group Warns of Violence Over Agbede Throne Dispute in Edo

A community group has urged Edo Governor Monday Okpebholo to intervene urgently in the Agbede throne dispute as a claimant defies court orders and occupies the palace.

US Opens Trade Probe Into Nigeria, 59 Others Over Forced Labour Imports

The United States has opened a trade investigation into Nigeria and dozens of economies over alleged failure to block forced labour imports.