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A drilling rig has arrived at the Okoro offshore field in Nigeria, and AMNI International Petroleum Development Company says it intends to make the most of...
Nigeria could face egg shortage due to poultry farmers’ limited access to day-old chicks, called ‘pullet’ for layers. The Nigerian poultry business has experienced several shocks...
MTN Nigeria has not just held its ground at the top of the country’s telecommunications industry. It has pulled further ahead. With 94.2 million subscribers as...
Iran is considering allowing limited passage of oil tankers through the Strait of Hormuz, provided that their cargo is traded in Chinese yuan, a senior Iranian...
Surging diesel prices are threatening to choke Nigeria’s vast generator economy, as the conflict in the Middle East tightens supplies of both the industrial fuel and...
Nigeria could reap as much as N30 trillion in additional oil revenue if Middle East tensions push crude toward $130 a barrel, handing President Bola Tinubu’s...
…Customers get option to opt out of instant transfers The Central Bank of Nigeria (CBN) has capped transactions on newly activated mobile banking applications at...
The Nigerian rice sector, which has attracted significant local and foreign investment, is on the verge of total collapse due to a renewed surge in importation,...
The Dangote Petroleum Refinery has reversed its recent price reduction, raising its ex-depot price for Premium Motor Spirit back to ₦1,175 per litre, a move that...
The Central Bank of Nigeria, CBN, today mandated banks to establish and maintain a temporary watchlist for Bank Verification Numbers (BVNs) implicated in suspected fraudulent transactions...