Analysts at Afrinvest have projected that Nigeria’s economy could grow between 4.3 per cent and 4.5 per cent in the fourth quarter of 2025, driven by seasonal activities, improved foreign …
Oil & Gas
- AgricultureBusinessEconomyFinanceINVESTMENTOil & Gas
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has expressed strong concern over the growing level of insecurity across the country and has called on the Federal …
- Community DevelopmentEnergyGOVERNMENTNigeriaOil & GasPublic Policy
PIND and Ford Foundation End Bridges Project
The Foundation for Partnership Initiatives in the Niger Delta (PIND) and the Ford Foundation have formally concluded the Bridges Project with a high-level stakeholders’ dialogue aimed at improving how Host …
- BusinessCorporate AffairsFinanceJudiciaryLegal AffairsOil & Gas
Appeal Court Session Stalls Over Dispute on Legal Representation in Nestoil
Proceedings at the Court of Appeal, Lagos Division, were stalled on Thursday following a heated dispute over who was properly authorised to represent Nestoil Limited and Neconde Energy Limited in …
- EconomyFinanceGOVERNMENTNational AssemblyNational BudgetNigeriaOil & GasPublic Policy
FG Projects N50.74tn Revenue for 2026 as Rising Deficit Sparks Fresh Economic Warnings
The Federal Government has projected a total revenue of N50.74 trillion for 2026 and an economic growth rate of 4.68 per cent, even as the proposed deficit for the year …
- BusinessDevelopmentEconomyEnergyGOVERNMENTOil & Gas
FG Warns Oil Companies to Show Real Commitment or Lose Space in Nigeria’s Energy Sector
The Federal Government has issued a clear warning to international oil companies and other operators in the petroleum sector, saying only those ready to speed up field development and deliver …
- BusinessDevelopmentEconomyFinanceOil & Gas
Nigeria Records 3.98% GDP Growth in Q3 2025 as OPS Warns Gains Not Yet Felt by Businesses
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 …
- 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 …
- 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. …