Nigeria’s crude oil and condensate production fell 4 per cent month-on-month to 1.67 million barrels per day in July 2026, although output remained above the country’s...
Nigeria’s pension assets rose by N2.07tn to N29.52tn in the first quarter of 2026, with a N1.50tn increase in the value of domestic quoted equities emerging...
President Bola Ahmed Tinubu has approved a new investment framework aimed at unlocking up to $50 billion in deep offshore oil and gas investments and reviving...
The Central Bank of Nigeria (CBN) has opened applications for the second cohort of its Regulatory Sandbox Programme, allowing fintechs, financial institutions and technology companies to...
The Nigeria Data Protection Commission (NDPC) has commenced a forensic investigation into the University of Lagos (UNILAG), Lotus Bank and Hackerbella Ltd over allegations that students’...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said West Africa’s plan to establish a regional benchmark for refined petroleum products will require stronger...
The Nigerian Communications Commission (NCC) has recorded more than 5,000 fibre-optic cable cuts in the first six months of 2026, with road construction, excavation and other...
United Bank for Africa Plc (UBA) has partnered with Mikano Motors to finance up to 70 per cent of the cost of eligible new vehicles, allowing...
The Dangote Refinery accepted 52.6 million barrels of crude oil out of 68.1 million barrels offered by producers under Nigeria’s Domestic Crude Supply Obligation (DCSO) framework...
Lagos State received N477.05 billion in gross Federation Account Allocation Committee (FAAC) revenue in the first half of 2026, the highest among Nigeria’s 36 states, as...
Caverton Offshore Support Group Plc’s recovery is beginning to show in its operating numbers, but the company’s balance sheet remains a major obstacle to a return...
The Nigerian Electricity Regulatory Commission has dissolved the board of Kaduna Electricity Distribution Plc over N456.5bn in cumulative market obligations, citing prolonged financial defaults, inadequate investment...
UPDC Real Estate Investment Trust’s rental income rose 88 per cent to N1.58bn in the first half of 2026, strengthening the earnings story behind a 109.42...
Nigeria’s tax revenue has more than doubled in less than three years, rising 113 per cent from N12.3tn in 2023 to N27.1tn as of July 2026,...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has defended the performance of its management under Group Chief Executive Officer (GCEO), Bayo Ojulari, saying crude oil...
First HoldCo Plc has disclosed that a company linked to its Chairman, Olufemi Otedola, acquired 138.04 million ordinary shares worth about N18.1 billion in the financial...
President Bola Tinubu has said his administration’s economic reforms are helping to stabilise Nigeria’s economy after the Nigerian Exchange (NGX) Group disclosed that the market capitalisation...
Nigeria is projecting up to $50 billion in offshore oil and gas investments by 2030 as it seeks to sustain the recovery in its upstream sector...
Nigeria’s economy may be entering a new phase of credit expansion as banks increase lending, businesses step up borrowing and loan defaults decline, signalling that years...
Shareholders approve landmark acquisition as Africa's largest mobile operator bets on owning, rather than leasing, critical digital infrastructure
