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Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, says it has taken a final investment decision (FID) on the HI offshore...
Nigeria’s crude oil production shrank to 1.39 million barrels per day in September 2025, marking the second consecutive month of reduced output. However, the Nigerian Upstream...
Africa’s richest man, Aliko Dangote, has warned that claims of monopoly, especially in the petroleum sector, are capable of discouraging local investment in the nation’s economy....
Nigeria’s sweeping fiscal and tax reforms have boosted government revenues and strengthened economic stability, but their real impact has been tempered by high inflation and a...
First City Monument Bank says it is marking the 2025 Customer Service Week with a renewed focus on turning everyday challenges into opportunities through innovation and...
GEREGU Power Plc has reported a profit after tax of N25.1bn for the nine months ended September 30, 2025, representing a resilient performance amid rising finance...
A favorite adage of economists, market watchers, and financial journalists alike is that the American consumer is the engine of the US economy. If spending is...
Dangote Cement, a subsidiary of the Nigerian conglomerate founded by Aliko Dangote, has officially launched operations at its new cement plant in Attingué, in Côte d’Ivoire,...
Residents of China’s capital city expressed indifference and defiance Saturday when asked by AFP about the latest threat by US President Donald Trump to impose blistering...
Global credit ratings agency Fitch Ratings has projected that Nigeria’s fiscal deficit will widen in 2025 and 2026 due to rising government expenditure, election-related spending, and...