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ExxonMobil Commits $1 Billion to Nigeria’s Offshore Oil Project, Boosting Investor Confidence
Nigeria’s energy sector has received a major boost after ExxonMobil and its partners confirmed a $1 billion investment in the Usan Infill Project, an offshore oil development expected to strengthen the country’s crude oil production and attract fresh investor confidence. The announcement, made through the Nigerian Upstream Petroleum...
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News
BUA Foods Proposes Record ₦504bn Dividend After Profit Doubles in 2025
BUA Foods Plc has proposed a record final dividend of ₦28.00 per ordinary share for the 2025 financial year, translating...
Nigeria Diesel Ex-Depot Price Rises 3% to ₦1,450 as Crude Oil Surges
Nigeria's ex-depot price of Automotive Gas Oil (AGO), commonly known as diesel, has increased by about 3% to ₦1,450 per...
Aviation Unions Push NAMA Privatisation to Modernise Nigeria’s Airspace
Nigeria's aviation unions have called for the privatisation or commercialisation of the Nigerian Airspace Management Agency (NAMA), arguing that private-sector...
Tinubu Urges Afreximbank to Accelerate Africa’s Industrialisation Drive
President Bola Tinubu has called on the African Export-Import Bank (Afreximbank) to strengthen its role in accelerating Africa's industrialisation by...
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MEA Energy Expands to Lagos, Plans 250 Fuel Stations and 3,000 Jobs
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Nigeria Diesel Ex-Depot Price Rises 3% to ₦1,450 as Crude Oil Surges
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NNPC Introduces New Funding Plan to Make Refineries Financially Independent
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Lagos Port Congestion Traps 1,000 Export Containers Amid Vessel Shortage
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Senate Approves Nigeria Customs’ ₦11.07tn Revenue Target, ₦1.29tn Budget for 2026
Technology
TeKnowledge and Equinix Join Forces to Strengthen Nigeria’s Digital Economy
Nigeria’s digital economy is set to grow stronger following a new partnership between global...
