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During an interview on Trust TV, former Director-General of the National Orientation Agency, Idi Farouk, drew attention to the financial implications of fuel subsidy removal and the responsibilities it has placed on state governments.…
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Federal Secretariat, Abuja Despite the recent launch of paperless operations by the Federal Government through the Head of Civil Service of the Federation, many ministries, departments and agencies allocated huge sums of money running…
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Seplat Petroleum Development Company Plc Seplat Seplat Energy Plc at the weekend reiterated that oil and gas will continue to play a critical role in Nigeria’s energy mix, while stressing the need for operators to conduct their…
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Oil steadied as tensions over Iran cooled and wider markets had a risk-off tone with President Donald Trump’s push to take Greenland. Brent traded near $64 a barrel, while West Texas Intermediate was above $59. While there wasn’t a…
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Standards Organization of Nigeria SON Standards Organisation of Nigeria (SON) and Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have certified the use of the synthetic lubricant product PIBREUM SN-9000 5W-30.…
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Moniepoint Inc has restated its commitment to help in building the tech talent pipeline in Nigeria and other parts of the continent. Co-Founder and Chief Technology Officer, Moniepoint Inc, Felix Ike, who gave the commitment when…
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The total allocation from the Federation Account to the federal, state, and local governments increased significantly to N33.27 trillion in the first eleven months (January–November) of 2025, representing a 30 per cent increase…
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The latest fact sheet released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday has shown there was improved petrol availability, rising cooking gas output and increased stock sufficiency in…
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Nigeria’s domestic petrol supply from the Dangote Petroleum Refinery and Petrochemicals has surged by about 64 per cent to an average of 32 million litres per day, following operational improvements at the facility, according to the…
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Nigeria’s inflation rate rose to 15.15 per cent in December 2025, up from 14.45 per cent in November. This is according to the latest Consumer Price Index and inflation data by the National Bureau of Statistics released on Thursday. …
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