Business

Air Peace plans London–Ogun flights

Air Peace plans London–Ogun flights

Air Peace has announced plans to begin international flight operations connecting London to Gateway International Airport in Ogun State this…
Banks’ CBN deposits hit N128.9trn in March

Banks’ CBN deposits hit N128.9trn in March

Deposits by Nigerian banks with the Central Bank of Nigeria (CBN) soared to a historic N128.9 trillion in March 2026,…
Nigeria revenue service takes over mineral royalties, ministry retains oversight

Nigeria revenue service takes over mineral royalties, ministry retains oversight

The administration of mineral royalties from mining operations across Nigeria has officially transitioned to the Nigeria Revenue Service, while the…
Seplat Energy workers launch indefinite strike, threatening Nigeria’s oil output

Seplat Energy workers launch indefinite strike, threatening Nigeria’s oil output

Workers at Seplat Energy, Nigeria’s largest independent oil and gas producer, have commenced an indefinite strike, raising concerns over potential…
CBN reassures Nigerians on banks stability, unveils new payment systems committee

CBN reassures Nigerians on banks stability, unveils new payment systems committee

The Central Bank of Nigeria on Thursday assured the public that Union Bank, Keystone Bank, and Polaris Bank have the…
World Bank hails Nigeria as model for economic reform

World Bank hails Nigeria as model for economic reform

The World Bank has declared Nigeria an emerging model for economic reform among developing nations, pledging continued support for the…
Nigeria’s oil reserves dip despite N450bn frontier fund

Nigeria’s oil reserves dip despite N450bn frontier fund

Nigeria’s crude oil reserves have continued a three-year downward trend, despite the establishment of the Frontier Exploration Fund (FEF), which…
Renaissance Africa Energy hits 2.2 bcf gas milestone

Renaissance Africa Energy hits 2.2 bcf gas milestone

Renaissance Africa Energy Company Nigeria Ltd announced on Tuesday that it has achieved a gas production milestone of 2.2 billion…
Nigeria targets 7% growth, $14bn infrastructure drive

Nigeria targets 7% growth, $14bn infrastructure drive

Nigeria has set an ambitious target of achieving 7 per cent Gross Domestic Product (GDP) growth, alongside plans to mobilise…
NNPC exports Cawthorne crude, boosting Nigeria revenue

NNPC exports Cawthorne crude, boosting Nigeria revenue

Nigeria is set to record increased revenue following a major milestone by the Nigerian National Petroleum Company Limited, which has…
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