Nigeria is on track to become a full petroleum exporting nation by 2027 following a major milestone by the Nigerian Midstream and Downstream Petroleum Regulatory Authority...
A powerful earthquake struck Istanbul on Wednesday, triggering widespread panic as buildings shook and residents evacuated into the streets. The Turkish Disaster and Emergency Management Presidency...
Global oil prices rose by more than one percent on Wednesday following renewed sanctions on Iranian oil exports by the United States and a sharper-than-expected decline...
The Lagos State Government has confirmed that over 60 million passengers have used its state-owned bus transport system since 2019. Commissioner for Transportation Oluwaseun Osiyemi disclosed...
The inventory of unsold finished goods in Nigeria’s manufacturing sector rose to N2.14 trillion in 2024 as subdued consumer demand and persistent foreign exchange pressure continue...
Nigeria’s mining sector recorded 955 fresh title applications and generated N6.96 billion in regulatory fees in the first quarter (Q1) of 2025. The Ministry of Solid...
The Nigerian National Petroleum Company Limited sold N107.44 billion of crude oil under the Naira-crude oil swap agreement to Dangote Petroleum Refinery in the first quarter...
BUA Group has signed a series of industrial and agro-processing agreements in Dubai aimed at expanding Nigeria’s capacity in food processing and power generation. The deals...
Foreign capital inflows into Nigeria rose sharply in January 2025 to their highest level in more than two years. The surge followed a sustained series of...
Several petrol marketers have suspended operations following a downward review of ex-depot prices by Dangote Refinery. The decision has affected fuel supply in parts of Abuja...