BY SAM OTUONYEÂ The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reported a substantial decrease in fuel consumption for June 2025, with total… Read More »NMDPRA reports 16.42% decline in fuel consumption
BY SAM OTUONYE Mastercard has released a comprehensive whitepaper titled ‘Harnessing the Transformative Power of AI in Africa’, revealing that digital jobs on the continent… Read More »Africa’s digital workforce to hit 230m by 2030 — Report
BY GLORIA AKUDOROÂ The Nigerian Independent System Operator (NISO) on Wednesday mediated in the Enugu electricity crisis on the 50 percent tariff reduction by the… Read More »50% tariff reduction: NISO mediates in Enugu electricity crisisÂ
BY GLORIA AKUDORO Vice President, Senator Kashim Shettima, on Wednesday declared that the administration of President Bola Tinubu is changing the narrative to rethink, retool,… Read More »We’ll revitalise Nigeria’s steel sector, says VP ShettimaÂ
BY SAM OTUONYEÂ At the High Court of Ebonyi State of Nigeria in the Afikpo Judicial Division holden at Afikpo, Justice Nicholas Nwode, sentenced Ikechukwu… Read More »Court sentences 4 to 7 years imprisonment for vandalising EEDC propertyÂ
BY PETER USMANÂ Seplat Energy Plc has set an exchange rate of N1,537.09 per US dollar for calculating its Q2 2025 interim dividend to shareholders.… Read More »Energy coy pays Naira shareholders 4.6 cents per share
BY EMMANUEL OLUKOTUNÂ International crude oil prices have been falling under the weight of over supply but it could be worse next year with dire… Read More »Excess global oil to shrink Nigeria’s revenue in 2026
BY SAM OTUONYEÂ Office of the Accountant-General of the Federation, OAGF, on Wednesday, engaged Federal Government accounting officers on new modalities to transit from the… Read More »OAF unveils new modalities for accounts planning, managementÂ
BY EMMANUEL OLUKOTUN The Chief Executive Officer of Ghana International Bank (GHIB), Dean Adansi, has said that the African continent could earn $133 billion more… Read More »Africa loses $133bn yearly from $80bn trade gap – GHIB CEO
BY SAM OTUONYEÂ The Federal Government of Nigeria has increased the minimum capital requirements for insurance companies by fivefold, giving operators 12 months to comply… Read More »FG raises insurance capital requirements, sets one-year deadline
BY SAM OTUONYE Nigeria has set an ambitious target to produce 10 million tonnes of liquid steel by 2030, bring to full operation Ajaokuta Steel, company,… Read More »FG to revive Ajaokuta Steel, eyes 10m tonnes by 2030
BY PETER USMANÂ The Federal Government has taken a significant step towards accelerating economic growth and development by refining the implementation of its 2025 capital… Read More »2025: FG refines capital budget execution for accelerated growthÂ
BY PETER USMAN The President, Aviation Safety Roundtables Initiative, Air Commodore Ademola Onitiju (rtd), has given reason why passengers aboard aircraft are usually asked to… Read More »Why passengers should switch off phones onboard aircraft – Aviation expert
BY PETER USMAN In a strategic move to ease the suffering of pensioners in the country, the Federal Government has released funds for the disbursement of… Read More »FG disburses N5.12bn pension arrears to 90,689
BY SAM OTUONYE The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has commended Lotus Capital’s leadership in promoting non-interest finance… Read More »Firm to launch non-interest real estate investment fund
BY SAM OTUONYEÂ Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit, PMS, commonly known as petrol, by… Read More »Dangote refinery cuts fuel price
BY SAM OTUONYE Nigeria’s crude oil production averaged 1.507 million barrels per day (bpd) in July 2025, exceeding its Organisation of the Petroleum Exporting Countries… Read More »Nigeria’s crude output exceeds OPEC quota, hits 1.5 mbpd Â
BY GLORIA AKUDOROÂ The Minister of Power, Adebayo Adelabu, has dismissed a report by Sahara Reporters about a luxury mansion, calling for a retraction of… Read More »Looted funds for luxury home: Minister dismisses allegation, threatens legal actionÂ
