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 …
The United Kingdom may extend a $1 billion (about R17 billion) debt guarantee to South Africa as part of efforts to help the country shift to cleaner energy. The guarantee, …
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 …
The Speaker of the House of Representatives, Abbas Tajudeen, has said that the National Assembly will continue to push tax reforms as part of Nigeria’s long-term plan to support energy …
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 …
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. …
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 …
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 …
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has warned that Africa can no longer depend on foreign aid and concessional loans as rising debt costs …
Troops of the 12 Brigade of the Nigerian Army have repelled bandits and rescued a kidnapped victim during a special operation carried out around the Oshokoshoko and Obajana axis in …