Industry

The National Forum of Heads of Federal Government Establishments in Nigeria (NAFOHEADS) has declared that the N70,000 national minimum wage is no longer sustainable due to the rising cost of living. Speaking in Osogbo on Wednesday…
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Nigeria’s 614-kilometre Ajaokuta-Kaduna-Kano (AKK) gas pipeline has reached a major milestone with the successful completion of one of its most technically challenging phases, the crossing of the River Niger. Oilserv Limited, the…
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The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has reiterated Nigeria’s commitment to deepening stability in the country’s downstream petroleum sector. This came as the minister received a delegation…
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The Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria, Mr Chinedu Ukadike, has attributed the recent increase in the prices of petroleum products to market deregulation. Ukadike said this in an…
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Left: Chuks Okoli, EDGE Finance Advisor; Rui Chikande, EDGE Finance Advisor; Carina Dunker, EDGE Finance Team Lead (Global); Biyi Olagbami, Executive Director/Chief Risk Officer, Ecobank Nigeria; Kofo Oduntan, EDGE Finance Advisor; Kehinde…
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Nigeria generated ₦70.1 trillion in oil export revenue between January 2024 and March 2025, according to new data from the National Bureau of Statistics (NBS). Despite persistent production challenges and systemic underinvestment,…
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Again, the financial transparency of the Nigerian National Petroleum Company Limited, NNPC is under public scrutiny over missing N210 trillion in its 2017-2023 audited financial statements. On Wednesday last week, at a session of…
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The Nigerian Ports Authority (NPA), has projected N1.279 trillion revenue for the 2025 fiscal year which is 40 per cent higher than N865 billion projected for 2024 and even surpassed. Managing Director of NPA, Dr Abubakar Dantsoho…
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FILE: EFCC operatives Operatives of the Economic and Financial Crimes Commission have arrested a former Chief Financial Officer of the Nigerian National Petroleum Company Limited, Umar Isa Ajiya, in connection with an alleged $7.2…
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Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has accused petroleum marketers of exploiting Nigerians by inflating fuel prices despite a significant drop in global crude oil prices. PENGASSAN President,…
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