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Business

Court Says AMNI Not in Receivership, Adjourns Dispute Hearing

Court says AMNI is not in receivership and sets February 26 to rule on stay request in AMNI receivership dispute.
Business

Payaza Africa Seeks N50 Billion in New Commercial Paper Offer

Payaza N50 billion commercial paper offer opens as fintech returns to debt market to fund expansion and working capital needs.
News

FG Moves to Revoke Oil Block Licenses Over Delays

Nigeria’s government plans to revoke oil block licenses held without development, warning investors of strict timelines and no refunds under the current licensing round.
News

Tinubu Nominates Magnus Abe as Upstream Regulator Chairman

President Tinubu names Magnus Abe to lead the upstream petroleum regulator, seeking Senate approval for new boards under Nigeria’s reformed oil sector.
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

Nigeria’s Host Community Fund Rises to ₦373bn

Nigeria’s NUPRC says the host community fund has hit ₦373bn, financing hundreds of new projects under the Petroleum Industry Act framework.
Business

NNPCL to Sell Shares Ahead of IPO

The Nigerian National Petroleum Company Limited continues its IPO preparations through partner recruitment for both IPO readiness and investor relations support before its capital market listing.
News

Dangote Refinery Seeks to Void NNPCL Import Licenses in Court

Dangote Refinery has filed a lawsuit seeking to nullify NNPCL's import licenses and is demanding N100 billion in damages, claiming the licenses undermine local production.
News

Nigeria’s Gas Exports Drop 25% Amid Low Output and Market Exits

Nigeria's gas exports have fallen by 25% due to low production and market exits, posing significant challenges for the economy and its global energy market role.

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Business

Court Says AMNI Not in Receivership, Adjourns Dispute Hearing

Court says AMNI is not in receivership and sets February 26 to rule on stay request in AMNI receivership dispute.
Business

Payaza Africa Seeks N50 Billion in New Commercial Paper Offer

Payaza N50 billion commercial paper offer opens as fintech returns to debt market to fund expansion and working capital needs.
News

Court Fixes April 14 for Inquest Into Death of Adichie’s Son

Court sets April 14 to begin inquest into death of Adichie’s son after alleged medical negligence at Lagos hospitals.
News

Nigeria Pushes Air Cargo Reforms to Boost Non-Oil Exports

FAAN cargo reforms target non-oil exports growth through new terminals and revenue measures as experts debate traffic data and long-term viability.

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