Business
FG targets higher oil, gas output growth
18 hours ago
FG targets higher oil, gas output growth
The Federal Government has reaffirmed its commitment to optimising existing assets in the oil and gas sector as part of…
FG secures £746m for port upgrades
18 hours ago
FG secures £746m for port upgrades
The Federal Government has secured 746 million pounds to modernise the Apapa Port and Tin Can Island Port in Lagos,…
FG inaugurates technical committee to review $200bn rail, power, gas project
18 hours ago
FG inaugurates technical committee to review $200bn rail, power, gas project
The Federal Government has inaugurated a high-level technical committee to assess a proposed $200 billion integrated high-speed rail, power, and…
TUC proposes crude oil subsidy for local refineries
19 hours ago
TUC proposes crude oil subsidy for local refineries
The Trade Union Congress (TUC) has urged the Federal Government to introduce a subsidy on crude oil supplied to local…
World Bank lowers Nigeria’s 2026 growth forecast to 4.1%
2 days ago
World Bank lowers Nigeria’s 2026 growth forecast to 4.1%
The World Bank has revised down its projection for Nigeria’s economic growth in 2026, estimating an average expansion of 4.1…
Oil production rises to 1.84 million bpd amid enhanced pipeline security
2 days ago
Oil production rises to 1.84 million bpd amid enhanced pipeline security
The Nigerian National Petroleum Company Limited has reported significant increase in national crude oil production, rising from 960,000 barrels per…
NNPC doubles crude supply to Dangote refinery
3 days ago
NNPC doubles crude supply to Dangote refinery
Crude oil deliveries from the Nigerian National Petroleum Company (NNPC) to Dangote Petroleum Refinery doubled in March, marking a significant…
CBN eyes DFI recapitalisation; FG launches mass savings initiative
3 days ago
CBN eyes DFI recapitalisation; FG launches mass savings initiative
The Central Bank of Nigeria (CBN) is considering the recapitalisation and restructuring of Development Finance Institutions (DFIs) to close the…
OPEC crude output plunges 25% amid Middle East conflict
3 days ago
OPEC crude output plunges 25% amid Middle East conflict
Crude oil production by the Organisation of Petroleum Exporting Countries (OPEC) fell by the largest margin in at least four…
Dangote refinery boosts African fuel, fertiliser exports
4 days ago
Dangote refinery boosts African fuel, fertiliser exports
The Dangote refinery, Africa’s largest, has ramped up exports of petrol and urea to African countries affected by supply disruptions…