Business
SEC raises capital requirements for market operators
2 days ago
SEC raises capital requirements for market operators
The Securities and Exchange Commission (SEC) has announced a sweeping revision of minimum capital requirements for all categories of capital…
OPEC credits non-oil sector for Nigeria’s late-2025 growth
3 days ago
OPEC credits non-oil sector for Nigeria’s late-2025 growth
The Organisation of Petroleum Exporting Countries (OPEC) has attributed Nigeria’s improved economic performance in the second half of 2025 largely…
Nigeria’s inflation hits 15.15% in December – NBS
3 days ago
Nigeria’s inflation hits 15.15% in December – NBS
Nigeria’s headline inflation rate reached 15.15 per cent in December 2025, the National Bureau of Statistics (NBS) has reported. The…
NUPRC hosts pre-bid conference for 2025 oil licensing round
4 days ago
NUPRC hosts pre-bid conference for 2025 oil licensing round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) convened a high-level pre-bid conference on Wednesday in Lagos, bringing together prospective investors,…
TotalEnergies signs deal to sell 10% stake in Nigerian oil assets
4 days ago
TotalEnergies signs deal to sell 10% stake in Nigerian oil assets
French energy giant TotalEnergies has signed a new Sale and Purchase Agreement (SPA) to sell its 10 per cent non-operated…
Dangote refinery achieves 50 million litres daily output, sets sights on major expansion
4 days ago
Dangote refinery achieves 50 million litres daily output, sets sights on major expansion
Dangote Petroleum Refinery Plc has reached a major milestone in Nigeria’s energy sector, achieving a daily offtake of 50 million…
Consumption, transaction taxes drive Nigeria’s Nov. 2025 revenue, but targets missed
3 weeks ago
Consumption, transaction taxes drive Nigeria’s Nov. 2025 revenue, but targets missed
Nigeria’s tax system in November 2025 remained heavily reliant on consumption- and transaction-based revenues, with Value Added Tax (VAT), Electronic…
NNPC boss assures Nigerians of long-term gains amid downstream reforms
3 weeks ago
NNPC boss assures Nigerians of long-term gains amid downstream reforms
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd.), Bayo Ojulari, has reassured Nigerians that ongoing…
Onyema rejects fare fixing claims, says airlines unfairly targeted
3 weeks ago
Onyema rejects fare fixing claims, says airlines unfairly targeted
The Chairman and Chief Executive Officer of Air Peace, Mr. Allen Onyema, has dismissed allegations that Nigerian airlines engage in…
Niger Delta youth council vows partnership with PINL to protect oil infrastructure
4 weeks ago
Niger Delta youth council vows partnership with PINL to protect oil infrastructure
The leadership of the Niger Delta Youth Council Worldwide (NDYC-W) has pledged to work closely with Pipeline Infrastructure Nigeria Limited…