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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OPEC predicts positive economic outlook for Nigeria
The Organization of Petroleum Exporting Countries (OPEC), yesterday said Nigeria’s economic outlook remains positive based on oil production, infrastructure investment and stronger business activity.This was contained in its!-->!-->!-->!-->!-->…
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THE MOHAMMED IDRIS DOCTRINE: BUILDING A REPUTABLE, INFORMED & UNITED NIGERIA (1)
Alh. Mohammed Idris, FNIPR, Honourable Minister of Information and National Orientation
By: Saidu Ahmed"There must be, not a balance of power but a community power; not organized rivalries but a organized, common peace"-!-->!-->!-->!-->!-->!-->!-->…
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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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Nigeria Blows Past OPEC Quota As Output Hits 74-Month High
...The 1.56 million daily average production Nigeria witnessed in June is the highest that Africa’s biggest oil producer has recorded since April 2020Nigeria’s crude oil and condensate production soared to an average of 1,735,398!-->!-->!-->!-->!-->…
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