Economy

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially announced that Nigeria’s crude oil and condensate reserves have reached a total of 37.28 billion barrels, with gas reserves standing at …

Three major aviation unions in Nigeria have threatened to resume a suspended strike over alleged breaches of agreement by the Nigerian Meteorological Agency (NiMet). The unions, in a jointly signed …

Delta Air Lines has released its financial report for the first quarter of 2025, showing strong results despite global economic uncertainties affecting the aviation sector. According to the report, the …

The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has called on Nigerian traders, exporters, and entrepreneurs to take advantage of the newly simplified export processes put …

Nigerian exporters are watching closely as new tariff moves by the United States spark fresh uncertainty in the global trade space. While some believe the ripple effect may hurt the …

The Raw Materials Research and Development Council (RMRDC) and the Bank of Industry (BOI) have joined forces to tackle the huge losses Nigeria suffers every year from wasted onions. The …

The Nigerian Shippers’ Council (NSC) and the Nigerian Ports Authority (NPA) have again raised concerns over the poor state of the country’s seaports. They are now calling for stronger cooperation …

Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has called on the newly appointed leadership of the Nigerian National Petroleum Company Limited (NNPC Ltd.) to prioritise the completion of …

Small and Medium Enterprises (SMEs) across Nigeria are raising fresh concerns over their inability to restock goods in malls and retail outlets, pointing to regulatory hurdles, inflation, access to credit, …

The aviation sector in Nigeria is passing through difficult times. Airlines in the country are doing their best to survive, but the challenges are many and tough. Some of the …