Connect with us
Escalating tensions in the Middle East are beginning to ripple across Nigeria’s economy as rising global crude oil prices push up the cost of petrol, triggering...
The Nigerian Electricity Regulatory Commission (NERC)says electricity distribution companies (DisCos) generated N207.49 billion in revenue from N258.66 billion billed to customers in December 2025. The commission...
Nigeria’s pharmaceutical manufacturers have delivered their strongest earnings in at least a decade, signalling a sharp reversal from years of margin squeeze buoyed by currency volatility...
Long queues are beginning to build up at MRS filling stations where Premium Motor Spirit (PMS) or petrol is sold below ₦1,000 per litre, as consumers...
Kuwait has begun cutting production at some oil fields after running out of room to store its bottled-up crude, people familiar with the matter said, signalling...
Nigeria’s banking sector recapitalisation drive has gained significant traction, with 30 banks already meeting the new minimum capital requirements while three lenders are still undergoing regulatory...
Global technology markets are entering a new phase of strain as surging memory chip prices intensify the ongoing semiconductor shortage. In Nigeria, the ripple effects could...
The presidency has announced the successful conclusion of a settlement agreement between the federal government, Eni, and Nigerian Agip Exploration Limited (NAEL). Bayo Onanuga, presidential spokesperson,...
Nigeria’s electricity generation has dropped further below the 4,000-megawatt threshold following persistent gas supply shortages affecting thermal power plants across the country, the Nigerian Independent System...
The Senate on Thursday summoned the immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, over an alleged N210tn expenditure...