Business

NUPRC incorporates 155 host community trusts under PIA

NUPRC incorporates 155 host community trusts under PIA

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially incorporated 155 Host Community Development Trusts (HCDTs) across oil-producing communities in…
OPEC+ raises output amid Gulf tensions

OPEC+ raises output amid Gulf tensions

Key members of the OPEC+ alliance have agreed to increase oil production quotas following escalating hostilities between the United States,…
Sanwo-Olu launches invest Lagos 3.0, aiming to attract major global investments

Sanwo-Olu launches invest Lagos 3.0, aiming to attract major global investments

Governor Babajide Sanwo-Olu of Lagos, has unveiled Invest Lagos 3.0, the state’s flagship international investment platform for 2026, designed to…
Nigeria’s export of raw commodities called “big shame” by analyst

Nigeria’s export of raw commodities called “big shame” by analyst

Business analyst Chika Mbonu has criticised Nigeria’s continued export of raw commodities, calling it a “big shame” that decades after…
Tinubu approves one-year extension of ban on raw shea nut exports

Tinubu approves one-year extension of ban on raw shea nut exports

President Bola Tinubu has approved a one-year extension of the ban on raw shea nut exports, reinforcing the federal government’s…
Nestlé Nigeria posts N105bn profit after turnaround in 2025

Nestlé Nigeria posts N105bn profit after turnaround in 2025

Nestlé Nigeria Plc has announced a remarkable financial turnaround for 2025, reporting a net profit of N105 billion and a…
Agbakoba calls for NNPC privatisation, fiscal reform

Agbakoba calls for NNPC privatisation, fiscal reform

Senior Advocate of Nigeria, Dr. Olisa Agbakoba, has urged a full privatisation of the Nigerian National Petroleum Company (NNPC) and…
Lagos Airspace reopened after fire at Murtala Muhammed Airport terminal 1

Lagos Airspace reopened after fire at Murtala Muhammed Airport terminal 1

The Federal Airports Authority of Nigeria (FAAN) has reopened Lagos airspace following a brief closure caused by a fire at…
NNPC to begin export of new light crude, Cawthorne, from March

NNPC to begin export of new light crude, Cawthorne, from March

Nigeria’s state oil company, the Nigerian National Petroleum Company (NNPC), is set to commence exports of a new light, sweet…
Shettima credits CBN interventions for stabilising naira amid Tinubu administration’s 1,000 days

Shettima credits CBN interventions for stabilising naira amid Tinubu administration’s 1,000 days

Nigeria’s Vice President, Kashim Shettima, has attributed the stability of the country’s currency to the timely interventions of the Central…
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