Industry

Nigeria’s upstream petroleum sector is recording increased activity, with crude oil production approaching 1.8 million barrels per day, active drilling rigs rising from about 14 in 2023 to more than 60, and over $8 billion in major…
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The federal government and the Central Bank of Nigeria (CBN) have moved to institutionalise fiscal and monetary policy coordination with the signing of a Memorandum of Understanding (MoU) in Abuja.The agreement is designed to…
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Questions are mounting over Nigeria’s ability to mobilise and deploy the estimated $400 billion in additional investment required to achieve its 2060 net-zero target.For years, the national debate on energy transition has largely…
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The Secretary to the Government of the Federation (SGF), Senator George Akume, Wednesday, said Nigeria’s expanding digital identity infrastructure is strengthening the country’s position in Africa’s digital economy and providing a…
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The Federal Government has quietly stepped up its reliance on non-competitive allotments in the domestic bond market, with the Debt Management Office (DMO) allocating a record N850 billion through the channel at its September auction,…
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According to a report by The Sun Nigeria on Thursday, September 17, 2026, renowned political economist, Professor Pat Utomi, has raised concerns about the economic direction of President Bola Tinubu’s administration, arguing that many…
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The Nigerian Economic Summit Group (NESG), in collaboration with the Federal Ministry of Budget and Economic Planning, on Thursday, convened a pre-summit dialogue to explore how stronger private-sector partnerships can help strengthen…
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According to a report by Punch on Thursday, September 17, 2026, former Vice President Atiku Abubakar has raised concerns over Nigeria’s worsening child malnutrition crisis, linking the situation to rising food, transportation and…
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...Powe Minister says the policy would take effect in 2027 Joseph Tegbe, Minister of Power President Bola Tinubu’s government is set to remove electricity subsidy. The plan will see Nigerians pay more for electricity.Minister of…
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PRESS COMMENTARY By Wumi Iledare, Executive Director, Emmanuel Egbogah Foundation, AbujaThe 15th Emmanuel Egbogah Legacy Lecture Series has concluded with a strong and timely message for Nigeria’s petroleum industry: the next phase…
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