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Finance

Oil hits $106, Nigeria eyes windfall as fuel costs loom

... Higher crude earnings could boost naira, but inflation risks mount

Features

FULL TEXT: President Tinubu’s 66th Independence Day speech

President Bola Ahmed on Thursday addressed the nation describing Nigeria’s journey since independence as difficult but marked by the resilience and determination of...

News

Petrol at ₦1,500/Litre unsustainable, killing Nigerians — Labour Leader

By Desire Uzochukwu The rising cost of petrol has become "unsustainable” and is putting Nigerians under severe economic pressure, the Joint National Public...

finance

NNPC posts N7.2trn profit despite revenue decline

By Damilola Samuel The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded N7.2 trillion profit after tax in 2025, even as its revenue...

News

AEC backs Dangote Kenya refinery as land dispute threatens project

By Blessing Eloghene The African Energy Chamber (AEC) has backed the planned 700,000 barrels-per-day Dangote refinery in Lamu, Kenya, amid a court order...

President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote
finance

Ruto hails Dangote refinery as masterpiece as group targets $36bn revenue

By Kazeem Waris Kenyan President William Samoei Ruto has described the Dangote Petroleum Refinery as a “masterpiece of science, engineering and art” following...

Technology

NCDMB launches LearnFest to boost oil, gas industry knowledge

By Destiny Obinna The Nigerian Content Development and Monitoring Board (NCDMB) has launched the LearnFest Lecture Series to improve knowledge-sharing among its staff...

finance

Nigeria’s gas resources need investment to unlock value – Afolabi

By Daniel Kudayah Nigeria has moved to develop the 53-year-old Ima gas field after AMNI International Petroleum Development Company Limited and TotalEnergies EP...