Business

Nigeria’s Capital Importation Soars To $5642.07m In Q1, 2025 -NBS

Nigeria’s Capital Importation Soars To $5642.07m In Q1, 2025 -NBS

Nigeria’s total capital importation rose to $5642.07 million in Q1 2025, higher than the $3376.01 million recorded in Q1, 2024,…
2.5million bpd Oil Output By 2026 Achievable -NUPRC Boss

2.5million bpd Oil Output By 2026 Achievable -NUPRC Boss

The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPC), Engr. Gbenga Komolafe, has affirmed that given…
OPEC+ To Raise Oil Production By 547,000 bpd

OPEC+ To Raise Oil Production By 547,000 bpd

OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series…
Japan Govt Donates Equipment Worth ₦3.6bn To FERMA

Japan Govt Donates Equipment Worth ₦3.6bn To FERMA

In a significant move to boost Nigeria’s infrastructure development, the Government of Japan has donated construction equipment worth ₦3.6 billion…
FG Vows To Implement Reforms To End Boat Mishaps

FG Vows To Implement Reforms To End Boat Mishaps

The Minister of Marine and Blue Economy, Adegboyega Oyetola has vowed that the federal government would implement sweeping reforms to…
NOGASA Urges Tinubu To Intervene In Dangote’s Planned Petrol Distribution

NOGASA Urges Tinubu To Intervene In Dangote’s Planned Petrol Distribution

As the date set for the Dangote Refinery to kickstart the inter-direct distribution of Premium Motor Spirit (PMS) popularly called…
Dangote Cement To Commission 3Mta Grinding Plant In Côte d’Ivoire

Dangote Cement To Commission 3Mta Grinding Plant In Côte d’Ivoire

The Management of Dangote Cement has announced its readiness to commission the 3Mta grinding plant in Côte d’Ivoire by the…
Tanzania Declares Support For Nigeria’s IMO Council Bid

Tanzania Declares Support For Nigeria’s IMO Council Bid

Tanzania has decleared support for Nigeria’s bid for election into Category C of the International Maritime Organization (IMO) Council, citing…
Seplat Energy Grows Revenue To N2.167Trn In H1, 2025

Seplat Energy Grows Revenue To N2.167Trn In H1, 2025

Leading Nigerian independent energy Company, Seplat Energy Plc, has announced its unaudited results for the six months ended 30 June 2025, recording a revenue of…
NNPC Ltd Makes U-turn, Says P/Harcourt Refinery Not For Sale

NNPC Ltd Makes U-turn, Says P/Harcourt Refinery Not For Sale

The Nigerian National Petroleum Company (NNPC) Limited has made a redecision not to sell the Port Harcourt Refining Company (PHRC),…
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