Naira-for-crude deals: FG hails milestones
The Federal Government’s drive to boost the naira through local sales of crude oil and refined petroleum products has recorded significant progress, according to the Technical Sub-Committee overseeing the policy’s implementation.
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Adelabu cautions against 4800MW nuclear plant proposal
The Minister of Power, Adebayo Adelabu, has advised against the immediate implementation of the Nigerian Atomic Energy Commission’s proposal to establish 1200MW nuclear power plants, urging instead a more measured, modular approach to!-->!-->!-->…
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Nigeria: IMF/World Bank Meetings Echo Reasons Tinubu, African Leaders Must Look Inwards
The IMF/World Bank meetings and resolutions may have provided that important moment of epiphany for African policy makers.
The atmosphere was pleasantly warm and the venue was the International Monetary Fund (IMF) headquarters in!-->!-->!-->!-->!-->…
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Nigeria Still Owing IMF $590.78M, Will be Paid in Installments Between 2026 & 2029 –…
The Labour Party Spokesperson for Lagos State, Ife Salako, has refuted widespread claims circulating online that President Bola Tinubu has cleared all of Nigeria’s debt to the International Monetary Fund (IMF), labeling such reports as!-->!-->!-->…
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Aradel earmarks $20m for Chappal Energies acquisition
Aradel Holdings says it has set aside $20m to acquire Chappal Energies. The fund, it was said, contributed to a decrease in the company’s cash flows from operating activities.
In its unaudited report for the first quarter of 2025, it!-->!-->!-->…
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Seplat Energy Committed to Leading Nigeria’s Indigenous Gas Revolution
Seplat Energy PLC, leading Nigerian independent energy Company listed on both the Nigerian Exchange and the London Stock Exchange, has said it is committed to leading Nigeria’s indigenous gas revolution, with a strong belief in energy!-->!-->!-->…
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Hope as oil prices rise ahead US /China trade talk
Analysts say there is still hope for Nigeria’s fiscal balance in 2025 with oil prices increasing as markets and investors reacted positively to the US and China agreement to talk this weekend about retaliatory tariffs, while forecasts!-->!-->!-->…
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Tax Reform Bills: Senate Okays VAT To Be Shared Among Consuming, Not Producing Areas
The Senate, today, Wednesday made changes to the Tax Administration Act by insisting on sharing revenues generated from taxes among states and areas where goods and services are consumed, rather than where they are produced.
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Nigeria must turn gas potential into prosperity – Ekpo
Nigerian government has called for decisive and unified action to unlock the country’s vast natural gas reserves.
Minister of State for Petroleum Resources (Gas), Mr Ekperikpe Ekpo, disclosed this while delivering a keynote address!-->!-->!-->!-->!-->…
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Dangote Packaging Limited Targets African Export Market Following Production Expansion
Dangote Packaging Limited (DPL) has announced plans to expand into the African export market, following a production capacity boost facilitated by new machinery being commissioned in its two manufacturing plants. This strategic!-->!-->!-->…
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