US-based oil company Vaalco Energy is preparing to re-enter Nigeria’s oil and gas sector as part of its renewed strategy…
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Experts and industry stakeholders have emphasized that for the Nigerian fashion industry to reach its full potential and compete globally,…
Renaissance Energy has highlighted the growing trend of International Oil Companies (IOCs) divesting from Nigeria’s oil and gas sector, attributing…
The Nigerian Railway Corporation (NRC) has confirmed that passenger train operations along the Warri-Itakpe corridor will resume soon, following months…
Nigeria’s Minister of Solid Minerals Development, Dele Alake, has reiterated that Africa, with its vast mineral wealth and growing infrastructure…
Nigeria’s foreign reserves have reached a level that could finance up to 10 months of the nation’s import bill, according…
A recent mid-year performance assessment by PricewaterhouseCoopers (PwC) has revealed that only about 36 percent of Nigeria’s targeted 15 million…
The African Export-Import Bank (Afreximbank) has reaffirmed its commitment to expanding financing support for new energy projects across Africa, aiming…
The Nigerian Meteorological Agency (NiMet) has forecast significant thunderstorms and rainfall across various parts of the country between Friday and…
The Dangote Petroleum Refinery has ramped up its crude oil processing capacity to 610,000 barrels per day (bpd), bringing the…
The Enugu State Government has accused MainPower Electricity Distribution Company of breaching the approved electricity tariff regime and warned that…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the successful conclusion of its comprehensive review of marginal oil field…
FCMB Group Plc has reported a significant increase in its financial performance for the first half of 2025, with its…
Nigeria’s electricity distribution companies (DisCos) recorded a 4.9 per cent decline in their monthly revenue, which dropped to N182.11 billion,…
President Bola Ahmed Tinubu has departed Japan for Brazil as part of his ongoing diplomatic engagements aimed at strengthening Nigeria’s…
The Federal Government is set to raise N200 billion through its latest bond auction, as part of efforts to finance…
The Nigerian Economic Summit Group (NESG) has raised concerns that the country’s chronic infrastructure deficits are severely undermining productivity and…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a significant decline in its monthly profit, dropping from N905…
United Kingdom emerged as the largest source of capital inflows into Nigeria in the first quarter of 2025, contributing a…
Delta State Government and the Rural Electrification Agency (REA) have signed a memorandum of understanding to tackle persistent electricity supply…