Business

Delta Begins Data Gathering for RMAFC Review

Delta Begins Data Gathering for RMAFC Review

  The Delta State Government has instructed all Ministries, Departments and Agencies (MDAs) to immediately begin compiling and collating relevant…
FG Records N2.79tn Oil Revenue Shortfall in Q3 2025

FG Records N2.79tn Oil Revenue Shortfall in Q3 2025

  The Federal Government recorded a total oil revenue shortfall of N2.79 trillion in the third quarter (Q3) of 2025,…
MTN Defends Nigeria’s Data Pricing

MTN Defends Nigeria’s Data Pricing

  The Chief Executive Officer of MTN Nigeria, Karl Toriola, has maintained that mobile data in Nigeria remains among the…
Nigeria Considers Debt Refinancing Amid Strong Oil Prices, Confidence – Oyedele

Nigeria Considers Debt Refinancing Amid Strong Oil Prices, Confidence – Oyedele

  Nigeria is weighing plans to refinance portions of its costly debt and raise new funding to cover its budget…
State Electricity Regulators Reject Proposed Amendment to Electricity Act

State Electricity Regulators Reject Proposed Amendment to Electricity Act

  Sixteen State Electricity Regulatory Commissions (SERCs) have opposed the Electricity Act Amendment Bill 2026, warning that it could roll…
Dangote Refinery Raises Processing Capacity to 700,000 Barrels Per Day

Dangote Refinery Raises Processing Capacity to 700,000 Barrels Per Day

The Dangote Petroleum Refinery and Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd), exceeding…
NERC Launches Net Billing Rules Allowing Solar Users to Sell Excess Power

NERC Launches Net Billing Rules Allowing Solar Users to Sell Excess Power

  The Nigerian Electricity Regulatory Commission (NERC) has announced the commencement of the Net Billing Regulations 2026, a policy framework…
NUPRC Unveils 2026 Licensing Round Plans

NUPRC Unveils 2026 Licensing Round Plans

  Nigeria’s upstream oil regulator has announced plans to launch the 2026 Licensing Round in the third quarter of the…
Nigeria spends £1.1bn on UK refined oil imports

Nigeria spends £1.1bn on UK refined oil imports

  Nigeria imported £1.1 billion worth of refined petroleum products from the United Kingdom in the 12 months ending December…
FG launches dairy plan to boost milk output

FG launches dairy plan to boost milk output

  The Federal Government has unveiled a new National Dairy Policy Implementation Framework aimed at boosting local milk production, strengthening…
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