Industry

The East African Community's ambition to launch a single currency remains constrained by a widening gap between institutional preparations and economic reality, after the bloc's own budget disclosure showed no evidence that any partner…
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Speaker of the House of Representatives, Abbas Tajudeen Speaker of the House of Representatives, Hon. Abbas Tajudeen, has pledged that the National Assembly would repeal obsolete laws that hinder business growth as part of efforts to…
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Poverty Few countries in the world embody the contradiction between wealth and poverty as starkly as Nigeria. Blessed with abundant crude oil, one of the largest natural gas reserves in Africa, vast deposits of solid minerals, fertile…
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Compiled by Saidu Abubakar About 139 million Nigerians (61% of the population) live below the national poverty line, surviving on less than the equivalent of a few dollars a day, while 79% remain near-poor or vulnerable to falling…
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Former Group General Manager of the National Petroleum Investment Management Services (NAPIMS), Alhaji Bala Wunti, has assured the Senate that no ₦210 trillion is missing from the Nigerian National Petroleum Company Limited (NNPC Ltd.)…
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…Lauds TotalEnergies for peace at OML 58 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said yesterday that the Host Community Development Trust (HCDT) Fund can be implemented only in a peaceful community. This was…
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Mrs Olu Verheijen The Special Adviser to the President on Energy, Mrs Olu Verheijen, has said Nigeria requires about $38.3 billion in fresh investment to sustain current oil and gas production and achieve its 2030 output targets. …
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will, at the Commercial Bid Conference, announce the successful bidders for 50 oil and gas blocks in the 2025 Licensing Round on July 21, 2026. The regulator said the…
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The World Bank Despite nearly three years of sweeping economic reforms introduced by President Bola Tinubu’s administration, about 79 per cent of Nigerians remain poor or vulnerable to falling into poverty, according to a new…
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Shell leaders and other dignitaries at the Shell booth during the ministerial tour marking the opening of Nigerian Content Day at the 2026 Nigeria Oil and Gas (NOG) Conference and Exhibition in Abuja.  Shell Companies in Nigeria awarded…
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