Some workers of the Nigerian National Petroleum Company Limited (NNPCL) have stirred up a hornet’s nest over the claim by...
Japaul Gold and Ventures Plc has signed a N26 billion sand mining contract with Gravitas Investment Limited to mine 3.5...
MTN Nigeria to raise N50 billion from the capital market through the issuance of Commercial Paper Notes under its N250...
After years of laying fallow, the Port Harcourt Refinery has begun production and distribution of petroleum products, Premium Motor Spirit...
A former Governor of Kogi State, Yahaya Bello is in the custody of the Economic and Financial Crimes Commission (EFCC)...
The Nigerian Naira dipped by N2 against the United States Dollar on Tuesday at the parallel market popularly known as...
The Nigeria Deposit Insurance Corporation (NDIC) has explained the reason for the delay in the reimbursement of the insured deposit...
The Nigerian Electricity Regulatory Commission (NERC) has accused distribution companies and customers of being indifferent to the meter upgrade announcement...
President Bola Ahmed Tinubu has expressed confidence in his administration’s commitment to transform the Nigerian economy into a $1 trillion...
The Nigerian Exchange plunged back into the red zone on Thursday as equity investors incurred N67 billion in losses. The downward trend was primarily attributed to...
As of February 23rd, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,610 NGN in the black...
Nigeria’s leading airline, Air Peace, has unveiled plans to commence direct flight operations to London, with the inaugural flight scheduled for March 30, 2024. The announcement...
In the fourth quarter of 2023, Nigeria’s manufacturing sector grew by 7.70% year-on-year, according to the National Bureau of Statistics (NBS). The surge in growth reflects...
Nigeria’s Gross Domestic Product (GDP) grew by 3.46% in the fourth quarter (Q4) of 2023 on the back of robust performance of the services sector, according...
The Nigerian Senate has firmly opposed the Ministry of Power’s proposed electricity tariff hikes, emphasizing the need to alleviate the burden on citizens amidst prevailing economic...
Nigeria’s monthly petrol imports declined by approximately 1 billion litres following the fuel subsidy removal by President Bola Ahmed Tinubu, the National Bureau of Statistics (NBS)...
The downstream oil sector in Nigeria faces a looming crisis as oil and gas dealers, represented by the Natural Oil and Gas Suppliers Association of Nigeria...
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has announced a surge in the country’s oil rig count. Komolafe disclosed...
The Naira appreciated marginally against the United States dollar, closing at N1,542.58/$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday. This modest gain represents...
