The Nigerian National Petroleum Company (NNPC) Limited reported N4.61 trillion in revenue and N509 billion in profit after tax in September 2026, despite a marginal 0.29%...
The Federal Government is considering another major Eurobond issuance as President Bola Tinubu seeks to raise $7.7 billion from international lenders to finance part of Nigeria’s...
Revenue generated by 34 Nigerian states increased by 211.2% to N15.53 trillion in 2025, compared with N4.99 trillion in 2022. However, the World Bank has raised...
Nigeria’s $700 million Obiafu-Obrikom-Oben (OB3) gas pipeline has commenced commercial gas deliveries from the ANOH processing plant. The pipeline accounted for approximately 10% of gas sales...
MTN Nigeria Communications Plc recorded a 768% increase in credit impairment charges to N23.87 billion in the nine months ended September 30, 2026, up from N2.75...
Shell Plc has agreed to sell its 16.67% stake in Australia’s North West Shelf liquefied natural gas (LNG) project to XRG, the international investment arm of...
Wema Bank Plc reported a 72.6% increase in profit after tax to N219.84 billion in the nine months ended September 30, 2026, compared with N127.40 billion...
Nigeria and the United Kingdom are seeking private-sector investors to finance three hydropower projects in Oyo, Kano and Plateau states as part of efforts to expand...
Sterling Bank has secured a $30 million credit facility from Proparco, the private-sector financing arm of the French Development Agency Group, to support renewable energy projects...
The Nigerian National Petroleum Company (NNPC) Limited is considering selling between 5% and 10% of its shares through an initial public offering (IPO) as the state-owned...
