OPEC+ Production Hike Signals Oil Price Risks for Nigeria’s Economy
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) is set to approve a significant production increase of...
UK-Nigeria Standards Partnership Boosts Nigerian Exports with Zero Tariffs for 3,500 Products
Nigeria’s export sector received a significant lift with the launch of the third phase of the UK-Nigeria Standards Partnership Programme,...
Canal+ Acquires MultiChoice for $3 Billion, Securing Control of DStv and GOtv
French media conglomerate Canal+ has completed its $3 billion acquisition of MultiChoice Group, the parent company of DStv and GOtv,...
Dangote Refinery Exports 1.35 Billion Litres of Petrol Amid Nigeria’s Import Dependency
The Dangote Petroleum Refinery has exported approximately 1.35 billion litres of Premium Motor Spirit (PMS) globally over the past 50...
NNPC Posts N905 Billion Profit in June 2025 as Production Surges
The Nigerian National Petroleum Company Limited (NNPC) reported a robust N905 billion profit after tax for June 2025, driven by...
First HoldCo Rejects N323 Billion Share Trade Misreports, Slams Arise TV and ThisDay
First HoldCo Plc has vehemently denied media reports claiming a N323.4 billion share acquisition involving its chairman, Femi Otedola, or...
Nigerian Crude Prices Climb to $72 Amid Red Sea Tensions and Domestic Refinery Shifts
Nigerian crude oil prices have soared past $70 per barrel, reaching $72.3 on Tuesday, driven by heightened geopolitical tensions in...
Nigeria Supplies N219.38 Billion in Crude Oil to Dangote Refinery
Internal documents from the Nigerian National Petroleum Company Limited (NNPCL), presented at the Federation Account Allocation Committee (FAAC) meetings, revealed...
MRS Adjusts Dangote Petrol Prices to N925 in Lagos, Higher in Other Regions
MRS, a leading distributor of petrol from the Dangote Petroleum Refinery, has introduced new pump prices for Premium Motor Spirit...
Nigeria and 35 other countries at risk as U.S. plans major expansion of travel ban list
The Trump administration is preparing to significantly broaden its travel ban policy, potentially restricting or blocking entry for citizens of...
