The Chartered Institute of Bankers of Nigeria (CIBN) has highlighted the significant impact of government policies such as the removal of fuel subsidies and the floating of the Naira on…
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The Federal Government’s recent action to end speculative oil field licensing in Nigeria has stirred strong reactions across the country. Online users and civic commentators have responded with cautious optimism,…
In a major milestone for Nigeria’s energy sector, the Dangote Refinery has commenced the export of Premium Motor Spirit (PMS), commonly known as petrol, to Cameroon, Angola, Ghana, and South…
Business
Nigeria Can Achieve 2.4 Million Barrels Per Day with Deep-Water Expansion and Policy Reforms – Shell
Nigeria’s deep-water oil and gas sector presents one of the most promising opportunities for achieving the country’s ambitious production target of over 2.4 million barrels per day, but this goal…
Business
FG Sets Aside N231.73 Billion for Immunization and Malaria Vaccination in 2025 Budget
by Joshua Ezim
The federal government has committed a substantial N231.73 billion to immunization and malaria vaccination in Nigeria’s 2025 budget. This move marks a critical step in strengthening the nation’s healthcare system…
Business
Naira Appreciates to N1,660/$ in Parallel Market, Weakens to N1,550/$ in Official Market
by admin
The Nigerian Naira experienced mixed movements on Monday, appreciating slightly in the parallel market to N1,660 per dollar while depreciating in the official market to N1,550 per dollar. The contrasting…
Business
Portugal Looks to Nigerian LNG as Key to Energy Independence, Moving Away from Russian Supplies
Portugal has announced plans to expand its imports of liquefied natural gas (LNG) from Nigeria and the United States, aiming to end its reliance on dwindling Russian supplies. This move…
The Dangote Refinery has officially commenced gasoline export, marking a major milestone in Nigeria’s oil and gas sector. This development, confirmed by company executives on Monday, signals Nigeria’s transition from…
Business
Nigeria’s Startup Boom Hits $2.17 Billion as AI and Fintech Race to Reshape Africa’s Biggest Economy
by admin
Nigeria’s technology sector is having a moment. New data published this month confirms that Nigeria’s startup ecosystem has expanded to 1,475 tracked startups, growing by 31.8 percent in 2025, reaching…
FBN Holdings shares recorded a notable 7.86% increase week-to-date (WTD), closing the week ending January 10, 2025, in the green, despite a complex legal dispute with General Hydrocarbons Limited (GHL).…
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