Business

Ekpo Defends Petrol Subsidy Removal, Hails Shettima At 60

Ekpo Defends Petrol Subsidy Removal, Hails Shettima At 60

Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, says the Federal Government’s push to expand Compressed Natural…
Dangote Praises FG Reforms As Key Driver Of Nigeria’s Economic Turnaround

Dangote Praises FG Reforms As Key Driver Of Nigeria’s Economic Turnaround

The President and Chief Executive of Dangote Industries Limited (DIL), Aliko Dangote, stated that the Federal Government’s economic reforms are…
NNPC’s PAT Drops To N279Bn In July As Production Slips

NNPC’s PAT Drops To N279Bn In July As Production Slips

Nigeria’s state oil company recorded a sharp decline in profitability in July, even as it posted strong gains in statutory…
Encomiums As Dangote Refinery Marks Petroleum Production Milestone

Encomiums As Dangote Refinery Marks Petroleum Production Milestone

Nigerians are crediting the Dangote Petroleum Refinery with ending one of the country’s most familiar frustrations: the long fuel queue.…
NUPRC Retains $300 Helicopter Levy, Exempts Offshore Platforms From Terminal Charge

NUPRC Retains $300 Helicopter Levy, Exempts Offshore Platforms From Terminal Charge

Nigeria’s Upstream Petroleum Regulatory Commission has announced that the controversial $300 per landing helicopter levy for air navigational services will…
Nigeria’s GDP Growth Rate Accelerates To 4.43% In Q2 2026 -NBS

Nigeria’s GDP Growth Rate Accelerates To 4.43% In Q2 2026 -NBS

The Nigerian economy recorded real GDP growth of 4.43% year-on-year in the second quarter of 2026, up from 4.23% in…
Seplat, NEPL Partner To Train 500 Teachers In Edo

Seplat, NEPL Partner To Train 500 Teachers In Edo

The NNPC Exploration and Production Limited (NEPL)/Seplat Energy Joint Venture is set to train 500 teachers in Edo State as…
Dangote Refinery Threatens To Cut Off Marketers Still Importing Petrol

Dangote Refinery Threatens To Cut Off Marketers Still Importing Petrol

Marketers who continue bringing imported petrol into Nigeria could soon find themselves cut off from Dangote Petroleum Refinery’s supply, as…
NUPRC: 172 Host Community Development Trusts Now Incorporated

NUPRC: 172 Host Community Development Trusts Now Incorporated

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 172 Host Communities Development Trusts (HCDTs) have so far been incorporated by…
SEC Says T+1 Settlement Transition Progressing Smoothly

SEC Says T+1 Settlement Transition Progressing Smoothly

The Securities and Exchange Commission (SEC) says the shift to a T+1 settlement cycle in Nigeria’s capital market has proceeded…
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