The Nigerian Ports Authority (NPA) has reported a drop in vehicle imports from 28,024 units in the first quarter of 2023 to just 10,991 units in...
The Federal Government of Nigeria has formally requested a $500 million loan from the World Bank to improve dam safety and enhance water resource management across...
The Nigerian equities market opened the week on a negative note with the Nigerian Exchange Limited (NGX) All-Share Index (ASI) declining by 0.07%. The ASI fell...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced a notable increase in daily crude oil production. As of July 23rd, production levels have surged to 1.61...
The Nigerian Airspace Management Agency (NAMA) has suspended its previously announced 800% increase in navigational charges. This decision comes in direct response to a directive from...
President Bola Tinubu signed the National Minimum Wage Bill into law on Monday to improve the standard of living of workers. The bill was enacted in...
The Federal Government of Nigeria has introduced naira-denominated crude oil sales to local refineries to support local refineries and finally putting an end to the Domestic...
Brent crude oil, against which Nigerian crude oil is priced, dropped by $1.35 or 1.7% on Monday to $79.78 per barrel. This decline comes in the...
Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer in compliance with the revised minimum...
The Minister of Finance, Wale Edun, has announced that federal government revenue from the oil sector increased from 11% in 2023 to 30% in the first...