News

Nigeria’s crude oil production rose to 1.418mbpd in December 2023, a report by the Organisation of the Petroleum Exporting Countries has said. OPEC, in its Monthly Oil Market Report for...

Senator Remi Tinubu, spouse of President Bola Tinubu, recently undertook a philanthropic endeavor, wherein she disbursed cash gifts of N100,000 to each of the carefully selected 250 elderly individuals in...

The Abia Industrial Innovation Park (AIIP) modular refinery is expected to start up operations by 2025, according to Commissioner for Information and Culture Mr. Okey Kanu. He made this claim...

Revenue generating agencies, Nigeria Customs Service, Federal Inland Revenue Service and Nigerian Upstream Petroleum Regulatory Commission shared N53.5bn as cost of revenue collection in November. The Federation Account Allocation Committee...

Shell PLC has denied speculations that it was leaving Nigeria after selling its onshore business in the Niger Delta. The PUNCH reports that Shell on Tuesday announced that it had “reached...

The Nigerian Communications Commission (NCC) recently disclosed that telecommunications giants MTN and Globacom have successfully reached an agreement to amicably resolve their lingering interconnect debt dispute. Originally slated for disconnection...

Nigeria is seeking $1.5bn aid from the World Bank to tackle the severe dollar shortage contributing to the decline of the naira. “We’re hoping to get $1bn or $1.5bn from...

The Nigerian Electricity Regulatory Commission (NERC) has announced that the federal government will allocate N1.6 trillion for electricity subsidy in 2024, during a press briefing in Abuja, Engr. Sanusi Garba,...

A recent study conducted by professionals in Nigeria's artificial intelligence (AI) sector projects a significant 30% growth in the country's AI market over the next five years. The growth is...

Governor Seyi Makinde of Oyo State has confirmed that the mining company implicated in the Ibadan explosion, where explosive devices were stored, has foreign names listed on its Corporate Affairs...