Busines

The formal groundbreaking ceremony for SPL Utorogu Limited's gas processing plant project in Utorogu, Delta State, was successfully held. SPL Utorogu Limited is an indigenous energy firm that focuses on…

Following a substantial increase in the cost of aviation fuel, domestic airlines in Nigeria have threatened to halt operations starting on Monday, April 20, 2026, sparking concerns about a possible…

Using venues like the Ibadan Cultural Festival, First City Monument Bank (FCMB) is utilizing culture as an economic engine to assist small businesses, increase financial inclusion, and link regional companies…

In March, the amount of Premium Motor Spirit (PMS), commonly referred to as gasoline, imported into Nigeria rose by nearly 100% to 5.9 million liters per day. The amount was…

Nigeria's GDP growth prediction for 2026 was lowered by 0.3 percentage points, from 4.4% to 4.1%, by the International Monetary Fund (IMF). Citing growing domestic and international pressures, the IMF…

According to Daily Trust, for the past eight months, the Nigerian National Petroleum Company Limited and its upstream industry partners have failed to meet the 1.5 million oil production limit…

Citing significant interruptions to port operations and commercial activity, Kayode Farinto, a former Acting National President of the Association of Nigerian Licensed Customs Agents, has urged the Federal Government to…

The 25th anniversary of NOG Energy Week 2026 will bring together global energy leaders, politicians, and investors in Abuja, with a particular emphasis on increasing investment, fortifying infrastructure, and boosting…

A recent directive from the Nigerian Electricity Regulatory Commission (NERC) permits developers to build mini-grids and linked mini-grids in areas where electricity distribution companies (DisCos) do not provide service. The…

Nigeria's delegation to the 2026 Spring Meetings of the World Bank and International Monetary Fund in Washington, D.C., is being led by Wale Edun, Minister of Finance and Coordinating Minister…