Regulator Reactivates Dormant Wells For Project 1m Barrels Initiative
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is driving a major push to ramp up crude oil production through its Project One Million Barrels Initiative, launched in 2024, by reactivating dormant oil wells and!-->!-->!-->…
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Tinubu to build trillion-dollar economy through enterprise, others
President Bola Tinubu, Thursday, said his administration was committed towards building one trillion-dollar economy through enterprise, productivity, and innovation.
Tinubu stated this at two-day conference and workshop organised in!-->!-->!-->!-->!-->…
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Senate Investigates Stamp Duty Collection
The Senate has requested the Central Bank of Nigeria and the Federal Inland Revenue Services (FIRS) to provide detailed information on revenue generated from Stamp Duty payments.
Chairman of the Senate Committee on Public Accounts,!-->!-->!-->!-->!-->…
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Reactions as FG hangs 15% import duty on petrol, diesel
Reversal’ll weaken investor confidence –OGUNCCIMA
The federal government has backed down on its controversial plan to impose a 15 per cent import tariff on petrol and diesel, a decision that elicited mixed reactions from!-->!-->!-->!-->!-->…
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Shell highlights contributions to Nigerian economy at NAPE exhibition
L-R: Senior Production Geologist, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Abidemi Belgore; SNEPCo’s Communications Manager, Gladys Afam-Anadu; Ondo State Governor, Dr. Lucky Aiyedatiwa; Incoming NAPE President ,!-->…
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Elumelu goes on pan-African tour to share UBA’s vision
The Group Chairman of the United Bank for Africa (UBA) Plc and Founder of Tony Elumelu Foundation, Tony O. Elumelu, a leading advocate for Africapitalism and transformative private sector leadership, will undertake a high impact!-->!-->!-->…
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Senegal’s bonds plunge as PM resists IMF restructuring demand
Senegal’s Prime Minister Ousmane Sonko speaks while he presents an economic recovery plan that will be implemented without incurring additional debt in Dakar, Senegal August 1, 2025. REUTERS/Ngouda Dione
Senegal’s bonds fell sharply on!-->!-->!-->…
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Ondo, Investors Sign $50b Refinery, Free Trade Zone Deal
The Ondo State Government has entered into a $50 billion investment partnership with leading international firms under the Sunshine Infrastructure Joint Venture to establish a world-class refinery and free trade zone in the state.
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NNL, NLO Fitness Test Referees, Assessors begins in Kano
By Ado Salisu, Kano
This year's Northern States and the Federal Capital Territory, FCT Fitness Test and Seminar on new football laws for Referees and Assessors, began in Kano ahead of the 2025/2026 Nigerian National League, NNL!-->!-->!-->!-->!-->…
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Minister Inspects Methanol, Fertiliser Plant, Commends Aiyedatiwa
Efforts to industrialise Ondo State and create job opportunities for the people by Governor Lucky Aiyedatiwa have been commended by the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo.
The Minister also!-->!-->!-->!-->!-->…
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