Nigeria’s crude oil export earnings dropped sharply by N3.18 trillion in the first half of 2025 despite a rise in production levels, new data from the National Bureau of Statistics …
Energy
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EconomyGovernment PolicyNigeriaOil & GasTrade
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BusinessEconomyGovernanceOil & GasRegulationSafety
NUPRC Revokes Oritsemeyin Rig Licence Over Safety Breach
An oil and gas industry consultant, Dr. Maurice Ibe, has said the revocation of the operating licence of the Oritsemeyin Rig is a clear warning to upstream operators in Nigeria …
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BankingEconomyINVESTMENTManufacturing & Consumer GoodsOil & GasStock Market
Nigerian Stock Market Rebounds with N986bn Gain as Investors Regain Confidence
The Nigerian stock market recorded a strong rebound last week as investors’ portfolio value rose by more than N986 billion within five trading sessions. The development marked the end of …
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The fragile truce between the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) and the $20 billion Dangote Petroleum Refinery has collapsed, sparking a fierce labour dispute that could …
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BusinessEnergyGovernanceOil & GasPower & Energy,Sustainability
Lagos to Host 2025 NAEC Energy Conference on October 9
Ministers, regulators, and top industry leaders are set to gather in Lagos on October 9, 2025, for the Annual NAEC Energy Conference, an event that will bring together policymakers and …
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BusinessCentral BankingEconomyForex TradingInflationNigeriaOil & Gas
Naira Sustains Rally, Trades Below N1,500 to Dollar as Reserves Hit $41.59bn
The naira continued its rally on Wednesday, closing at N1,500.91 to the United States dollar at the official Nigerian Foreign Exchange Market. The performance marked a significant milestone as the …
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AgricultureClimate ChangeDevelopmentEducationEnergySustainabilityWater & Sanitation
EU-Funded €1m ImPreSSion Project to Boost Ghana’s Education in Energy, Water and Agriculture
Ghana is set to benefit from the implementation of the European Union co-funded €1 million project titled Improving Study Programs in Ghana by Introducing Green Solutions, Sustainability Modules and Digital …
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EconomyEnergyManufacturingSustainabilityTrade & Investment,
Nigeria’s Packaging Industry Valued at $2.5 Billion as Manufacturing Sector Shows Resilience
Nigeria’s manufacturing sector has been described as a crucial pillar of the economy, with recent data showing that the nation’s packaging market alone is valued at about $2.5 billion. This …
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EconomyEnergyGOVERNMENTInternational AffairsMiddle eastOil & GasPolicies
Nigeria’s Bonny Light Crude Rises to $67 as Global Oil Prices React to Middle East Tensions
international market, up from $65, after news broke of Israel’s surprise strike on Hamas targets in Qatar. The development, which rattled the oil market, immediately triggered fears of supply disruption …
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Business InsightsEconomyEnergyGovernment PolicyInfrastructureSouth Africa
Eskom Promises End to Load Shedding in South Africa Until March 2026
South Africa’s electricity utility, Eskom, has announced that the country will not experience load shedding throughout the coming summer. This means from September 2025 until the end of March 2026, …