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NERC Chairman Vows Strict Enforcement of Rules for DisCos, GenCos

The newly appointed Chairman of the Nigerian Electricity Regulatory Commission (NERC), Engr. Abdullahi Garba Ramat, has declared that his administration will strictly enforce compliance...

Aviation Workers Suspend Planned Strike After Talks

The coalition of aviation unions under the Nigerian Airspace Management Agency (NAMA) has suspended its planned nationwide strike, following what leaders described as “significant...

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NERC Chairman Vows Strict Enforcement of Rules for DisCos, GenCos

The newly appointed Chairman of the Nigerian Electricity Regulatory Commission (NERC), Engr. Abdullahi Garba Ramat, has declared that his administration will strictly enforce compliance...

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NERC Chairman Vows Strict Enforcement of Rules for DisCos, GenCos

The newly appointed Chairman of the Nigerian Electricity Regulatory Commission (NERC), Engr. Abdullahi Garba Ramat, has declared that his administration will strictly enforce compliance...

Stock Market Loses N516bn, Ends Weeks-Long Bullish Streak

The Nigerian equities market closed the week on a sour note, shedding a massive ₦516 billion in market capitalisation on Friday, 8 August 2025,...

Aviation Workers Suspend Planned Strike After Talks

The coalition of aviation unions under the Nigerian Airspace Management Agency (NAMA) has suspended its planned nationwide strike, following what leaders described as “significant...
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Trump Considers Reducing China Tariffs by 80% in Major Policy Shift

In a recent social media post, U.S. President Donald Trump signaled a potential reduction in the hefty tariffs imposed on Chinese imports. As the...

Former Celsius CEO Sentenced to 12 Years in Prison for Fraud

The founder and former CEO of bankrupt cryptocurrency trading platform Celsius, Alexander Mashinsky, has been sentenced to 12 years in prison on fraud charges....

Family Feud Puts Oriental Energy’s Leadership Under Fire

A fierce legal battle between the children of Nigerian oil magnate Alhaji (Dr.) Muhammadu Indimi and Oriental Energy Resources Limited has thrown the spotlight...

UAE to Invest in $25bn Nigeria-Morocco Gas Pipeline Project

The United Arab Emirates has agreed to contribute to a massive $25 billion gas pipeline project connecting Nigeria to Morocco and eventually reaching Europe....

NGX Gains N240bn as Market Closes Strong

The Nigerian Exchange (NGX) rounded off Thursday’s trading session on a strong note, with a notable N240 billion surge in market capitalisation. This positive...

Marketers Urge Caution on Fuel Import Ban

Petroleum marketers have cautioned the Federal Government against implementing a hasty ban on the importation of petroleum products, warning that such a move could...

Nigeria Clears $3.4bn IMF Debt

In a significant development that reflects Nigeria’s efforts toward fiscal responsibility and economic recovery, the International Monetary Fund (IMF) has officially confirmed that Nigeria...

N-BA Reaffirms Commitment to Enhancing Nigeria-UK Ties

The Nigeria-Britain Association (N-BA) has renewed its commitment to enhancing bilateral relations between Nigeria and the United Kingdom, with a focus on mutual growth...

FG Hails Progress in Naira-for-Crude Deal

The Federal Government has hailed the recent milestones recorded under the revived naira-for-crude oil initiative, a bold economic strategy aimed at strengthening the Nigerian...

Nigeria Secures Additional $215m World Bank Loan for Palliatives

In a strategic push to cushion economic hardship triggered by subsidy removal and inflation, Nigeria has secured an additional $215 million from the World...

Dangote, NNPC Partner to Boost Nigeria’s Economic Growth

In a significant step toward enhancing Nigeria’s energy security and boosting economic development, the President/CEO of Dangote Group, Aliko Dangote, on Thursday, May 8,...

OPEC April Crude Output Falls, Signals Market Tightening

The Organisation of the Petroleum Exporting Countries (OPEC) recorded a marginal decline in crude oil production in April 2025, according to a Reuters survey,...