Industry

Following the federal government’s decisive withdrawal as the sole bearer of electricity subsidies, a profound wave of fiscal realignment and economic anxiety has begun rippling across the country.By mandating that the 36…
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•Wipes out profit, dividendThe company reported a loss after tax of N13.853 billion in 2025, reversing the N27.496 billion profit recorded in 2024, as intense price competition and market instability significantly impacted its…
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The Federal Government has released the General Transition Guidelines for the implementation of the Tax Acts 2025. They explain how Nigeria will move from the old tax laws to the new tax system, which took effect on January 1, 2026.…
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Nigeria’s strategic pivot toward natural gas is yielding substantial financial dividends, with export revenues climbing to $2.53 billion in the first quarter of 2026.According to the latest Balance of Payments Highlights released…
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The Federal Government has unveiled plans to deploy seven million electricity meters across the country as part of a major reform programme aimed at ending estimated billing, improving revenue collection and restoring confidence in…
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Quartz · Alex Brandon-Pool/Getty Images Oil prices extended their decline on Thursday after Vice President JD Vance told reporters that tankers carrying more than 12 million barrels had crossed the Strait of Hormuz overnight.By…
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Elohor AiboniFormer Managing Director Shell Nigeria Exploration and Production Company Limited (SNEPCo) Elohor Aiboni, currently on assignment as Asset Director at Brunei Shell Petroleum, has been named Executive Vice President and…
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The rapid expansion of AI and cloud computing is driving substantial capital deployment into Africa’s digital infrastructure. This positions high capacity hyperscale campuses as a core asset class.South Africa remains the largest…
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... For Supply Base ServicesThe Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Shell Nigeria Exploration and Production Company (SNEPCo) and Lagos Deep Offshore Logistics (LADOL), has commenced a…
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On the 31st of March 2026, President Bola Ahmed Tinubu sent a letter to the national assembly. In it, he asked for permission to borrow $6 billion from abroad. The request arrived wrapped in the usual language of fiscal responsibility,…
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