Presidential Jet Sale: Experts Blame Safety, Cost, Poor Maintenance
Aviation experts have expressed divergent views over the federal government’s decision to put on sale, its two-decade-old Boeing 737‐700 Business Jet (BBJ) purchased by the administration of President Olusegun Obasanjo.
LEADERSHIP!-->!-->!-->!-->!-->…
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13% Oil Derivation Funds: 9 States Receive N670.55bn
…In 5 Months
The nine Nigerian oil-producing states received a total of N670.55 billion as their 13 per cent oil derivation funds from the Federation Account in the first five months of 2025, marking a significant increase compared!-->!-->!-->!-->!-->…
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TotalEnergies Ubeta project to boost Nigeria’s gas ambitions – Country Chair
Matthieu Bouyer, Country Chair of TotalEnergies in Nigeria has declared that TotalEnergies is taking a bold step in supporting Nigeria’s energy goals with the Ubeta gas field project in the OML 58 onshore license.
The project is set!-->!-->!-->!-->!-->…
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State Governments: Huge Allocation, No Power Supply!
Before leaving office in 2023, former President Muhammadu Buhari signed into law the Fifth Constitution Alteration Bills, which among others, transferred electricity from the Exclusive Legislative List to the Concurrent Legislative!-->!-->!-->…
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Local Content, NCDMB on Spotlight at 2025 NOG Conference
The recently held 2025 Nigeria Oil and Gas (NOG) Conference in Abuja highlighted the pivotal role of the Nigerian Content Development and Monitoring Board (NCDMB) in advancing local content policies and driving Nigeria’s energy sector!-->!-->!-->…
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Nigeria Non-Oil Exporters Face Risk Over High Interest Rates, Others
Persistent economic uncertainty, rising costs of goods and services, high interest rates, and multiple policy restrictions have made a significant dent in the nation’s non-oil exporters’ performance, analysts have warned.
They said!-->!-->!-->!-->!-->…
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Jaiz Bank reports ₦24.4bn pre-tax profit, double earns investment income
Jaiz Bank Plc has published its audited financial results for the year ended 31 December 2024, reporting a pre-tax profit of ₦24.4 billion, representing a 121.15 per cent increase compared to ₦11.05 billion recorded the previous year.!-->!-->!-->…
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Recapitalisation: Access, Zenith, 3 Other Banks Meet CBN Target
Recapitalisation: Access, Zenith Three Other Banks Meet CBN Target
At least five banks have met the new capital thresholds issued by the Central Bank of Nigeria. They include Access Bank, Zenith Bank, Ecobank Nigeria, Lotus Bank,!-->!-->!-->!-->!-->…
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Nigeria: Experts Warn Of Deeper Hardship Despite IMF Optimism
…Charge FG On Fiscal Discipline Without Pushing Millions Into Poverty
When the International Monetary Fund (IMF) released its latest Article IV Consultation report on Nigeria last week, the tone was broadly optimistic but experts!-->!-->!-->!-->!-->…
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When Buhari Left, Our Debt Was About N80trln – Obi
"…Today, We're Almost 180trln"
Former Labour Party presidential candidate, Peter Obi has raised alarm over Nigeria’s rising debt profile, stating that the country’s total debt has more than doubled since former President Muhammadu!-->!-->!-->!-->!-->…
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