ExxonMobil has reaffirmed its long-term commitment to Nigeria’s upstream oil sector with plans to invest $1.5 billion in offshore deepwater exploration and development over a two-year...
The Federal Executive Council (FEC) has approved a $652 million financing facility from China Exim Bank for the construction of a key road corridor that will...
Nigeria’s internet traffic declined in February 2025 following the implementation of a 50 percent increase in telecom tariffs, according to the latest data released by the...
Nigeria LNG Limited (NLNG) has entered into a third-party gas supply agreement with Seplat Energy in a strategic move to mitigate the adverse effects of persistent...
The Nigerian Exchange Limited (NGX) closed strong on Tuesday with equities gaining 1.56 percent, the highest daily growth rate for the month of May. The NGX...
Power generation companies (GenCos) in Nigeria are urging President Bola Tinubu to expedite a planned engagement with their leadership as rising debts now totalling ₦4.7 trillion...
African startups rebounded in April as a total of $343 million was raised in the month, according to a new report released by Africa: The Big....
Bitcoin rallied early Wednesday as optimism surrounding renewed US-China trade negotiations lifted risk assets across global markets. The world’s largest digital asset rose by as much...
The Dollar to Naira exchange rate continues to reflect the dynamics of Nigeria’s parallel foreign exchange market. As of today, Monday, May 7th 2025, the Black...
Justice S.C. Oriji of the Federal Capital Territory (FCT) High Court, Maitama, on Monday admitted additional documentary evidence in the ongoing trial of former Minister of...