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Industry
How Business Confidence Fell In June, CBN Survey Reveals
CBN HeadquartersBusiness confidence among Nigerian firms weakened in June 2026, as rising operational costs and macroeconomic pressures weighed on sentiment, according to the Central Bank of Nigeria’s Business Expectations Survey!-->!-->!-->…
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Dangote Refinery Begins Pricing Local Fuel Sales In Dollars
Nigeria’s downstream petroleum sector is bracing for renewed foreign exchange (FX) pressure after Dangote Petroleum Refinery scrapped its naira-denominated pricing model for petrol, diesel and aviation fuel, replacing it with a!-->!-->!-->…
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‘Nigeria must move beyond energy reforms to implementation’
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bashir Bayo OjulariExperts and stakeholders in Nigeria’s energy sector have urged the Federal Government to shift its focus from policy!-->!-->!-->…
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FG Inaugurates Advisory Committee To Drive Economic Reforms
The Federal Government has inaugurated a Ministerial Advisory Committee (MAC) to provide strategic guidance on Nigeria's fiscal and macroeconomic reforms, with a focus on strengthening economic growth, public financial management and!-->!-->!-->…
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Oil Extends Gains After Latest US Strikes, Tech Suffers More Losses
...Tech firms were once again in the crosshairs, with South Korea's Kospi extending a painful selloff as chip titan SK hynix continued to be routed amid growing fears about the AI boom
A graphic illustration of barrels of crude oil!-->!-->!-->!-->!-->…
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No operator delivers alone: Why the 3mbpd target needs the whole value chain ready
President Bola Tinubu has set Nigeria’s oil industry a clear national ambition: three million barrels of crude per day by 2030. When Bashir Ojulari assumed office as Group Chief Executive Officer of NNPC Limited in April 2025, he!-->!-->!-->…
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Nigeria: The Dangote Effect and Nigeria’s Energy Transition
The global conversation on energy transition has gained remarkable momentum in recent years. Across continents, governments are setting ambitious targets to reduce carbon emissions, expand renewable energy, and ultimately achieve!-->!-->!-->…
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IMF Sees Nigeria Outpacing Global Growth As Reforms Gain Traction, Warns AI Gap Could Stall…
Kristalina Georgieva, IMF BossNigeria’s economic reforms are beginning to earn stronger international validation, with the International Monetary Fund (IMF) projecting that Africa’s largest economy will continue to outpace global!-->!-->!-->…
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NLNG Wins Operational Excellence Award At NOG Energy Week 2026
Nigeria LNG Limited (NLNG) has won the Operational Excellence Award at the 2026 Energy Awards, held during the 25th edition of NOG Energy Week in Abuja.The award recognised its strong operational performance, safety culture and!-->!-->!-->!-->!-->…
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Petrol: It’s Reasonable to Expect That There Will be a Bit More Reductions on The Price…
Professor Ken Ife says Nigeria should carefully reconsider its continued membership of the Organization of the Petroleum Exporting Countries, arguing that the country must place its long term economic interests and expanding refining!-->!-->!-->…
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