Nigeria’s economy grew by 3.98 per cent in the third quarter of 2025, showing a slight improvement from the 3.86 per cent recorded in the same period of 2024, according …
BusinessDevelopmentEconomyFinanceOil & Gas
- BusinessEconomyEnergyGOVERNMENTNigeriaOil & Gas
FG Targets $10bn Investment as NUPRC Launches 2025 Licensing
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has launched the Nigeria 2025 Petroleum Licensing Round, an ambitious national plan expected to attract $10bn in new investments and …
- BusinessEducationEnergyNigeriaOil & Gas
Energia Limited Launches Graduate Trainee Programme to Develop Young Nigerian Energy Professionals
Energia Limited, one of Nigeria’s leading independent energy companies, has launched a new graduate trainee programme aimed at helping young Nigerian professionals start strong careers in the energy industry. The …
- BankingBusinessEconomyFinanceNigeriaSMEs
FCMB Named Nigeria’s Best SME Bank for 2025 as Lending to Small Businesses Rises
First City Monument Bank has been named Nigeria’s Best SME Focused Bank for 2025 by the Chartered Institute of Bankers of Nigeria. The bank received the recognition after emerging as …
- EntertainmentGovernanceLagos NewsPublic SafetyTransportationTravel & Tourism
Lagos Government Agencies Declare Full Readiness for Busy Festive Season
The Lagos State Government has announced that its major tourism, entertainment and transport agencies are fully prepared to manage a safe, organised and lively festive season across the state. The …
- BusinessCorporate AffairsDevelopmentEconomyEntrepreneurshipHousingReal Estate
Akmodel Homes and Properties Marks 5th Anniversary, Highlights Growth and Commitment to Excellence
Akmodel Homes and Properties has marked its 5th anniversary, celebrating a major milestone that reflects years of steady growth, innovation and commitment to raising standards in Nigeria’s real estate industry. …
- Debt Management,EconomyEnergyFinanceGOVERNMENTInfrastructureOil & GasPolicies
NNPCL Faces N8.07tn Crude-Backed Loan Burden as Debt Repayments
The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …
- Ghana EconomyGOVERNMENTInfrastructureMaritimeTradeTransportation
Nigeria Losing N20bn Daily to Port Inefficiencies as Cargo Diverts
Nigeria is losing about N20bn every day at its seaports due to poor infrastructure, weak systems, and inefficiencies that frustrate cargo movement and drive business to neighbouring countries. This revelation …
- BusinessEconomyEnergyGOVERNMENTMarketsOil & Gas
Dangote Refinery Output Falls Short as Nigeria Leans on Fuel Imports in October
Fuel supply stability slowed again in October 2025 as the Dangote Petroleum Refinery delivered an average of only 17.1 million litres of petrol per day, leaving Nigeria heavily dependent on …
- BankingEconomyFinanceNigeria
FairMoney MFB Gets Rating Upgrade as GCR Backs Strong Growth, Technology and Risk Management
Global Credit Ratings has upgraded the national scale issuer ratings of FairMoney Microfinance Bank, reflecting the institution’s growing strength and stability within Nigeria’s competitive microlending market. In its latest assessment, …