The Nigerian National Petroleum Company Limited (NNPC) has disclosed that it saved $3.4 billion through contract restructuring and optimisation initiatives between April 2025 and July 2026,...
Afreximbank $2bn cotton industry commitment to Nigeria is now confirmed, alongside a fresh disclosure that the lender’s total Nigeria investment has hit between $15 billion and...
Emerald HoldCo B.V. has launched a mandatory takeover offer valued at N6.94 billion to acquire up to 11,741,509 ordinary shares of Beta Glass Plc from minority...
The Nigerian Exchange (NGX) sustained its bearish run last week as persistent profit-taking erased about N1.8 trillion from investors’ portfolios, even as trading activity strengthened significantly....
By Àkànní Olúwaségún Michael Nigeria recorded a significant increase in drilling activity in the first quarter of 2026, with the number of active oil rigs rising...
Nigeria’s trade relationship with the United States expanded significantly in 2025, with total bilateral trade approaching $15 billion, representing a 14 per cent increase over the...
By Àkànní Olúwaségún Michael The Federal Competition and Consumer Protection Commission (FCCPC) has warned petroleum marketers that it will investigate any evidence of anti-competitive conduct or...
By Àkànì Olúwaségún Michael Nigeria’s debt market grew to N113.72 trillion in the week ended June 19, 2026, as investors continued to enjoy elevated returns across...
By Àkànní Olúwaségún Michael Nigeria’s refining sector crossed a significant milestone in May 2026 as local refineries operated above their installed capacity, helping domestic fuel supply...
By Àkànní Olúwaségún Michael Nigerian households continued to pay as much as N1,800 per kilogram for cooking gas in May 2026 despite increased gas production and...
BY Àkànní Olúwaségún Michael A decline in global crude oil prices is placing renewed attention on fuel pricing dynamics in Nigeria’s deregulated downstream petroleum sector, with...
By Àkànní Olúwaségún Michael Nigeria has secured a €200 million financing loan from the European Investment Bank’s development arm, EIB Global, to expand access to credit...
By Àkànní Olúwaségún Michael For many Nigerian households, staples such as onions, tomatoes, pepper, yam, maize and beans are becoming increasingly expensive, as food inflation rose...
By Àkànní Olúwaségún Michael Nigeria’s financial services, mining and manufacturing sectors remained the backbone of company income tax (CIT) revenue in the first quarter of 2026,...
By Àkànní Olúwaségún Michael Airtel Africa is moving closer to a potential public listing of its mobile money business, Airtel Money, after the fintech platform delivered...
By Àkànní Olúwaségún Michael Nigeria recorded a merchandise trade surplus of N7.55 trillion in the first quarter of 2026, a 340.88 per cent jump from the...
By Àkànní Olúwaségún Michael A bill seeking to overhaul Nigeria’s excise tax on sugar-sweetened beverages has drawn sharply opposing responses from business and public health stakeholders,...
Nigeria’s persistent electricity crisis is not the result of inadequate resources or a lack of policy frameworks, but a consequence of weak implementation, poor enforcement, and...
By Àkànní Olúwaségún Michael Foreign investment into Nigeria’s telecommunications sector dropped to a four-year low in the first quarter of 2026 despite a tariff increase approved...
Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process...
