OPEC Holds Oil Output Steady For Q1 2026 Amid Supply Glut Concerns
OPEC+ has kept oil production steady for Q1 2026, citing market stability, while planning assessments for 2027 output quotas.
OPEC+ has kept oil production steady for Q1 2026, citing market stability, while planning assessments for 2027 output quotas.
Experts warn the 2025 Nigeria Tax Act, including 200% CGT hike and new levies, risks capital flight and reduced investment.
Nigeria finalises plans to cut mercury emissions from artisanal gold mining through GEF-funded initiatives and mercury-free technologies.
NMDPRA reports petrol use rose by 31.86% to 56.7m litres daily in October, driven by Dangote supply; NNPC refineries stayed idle.
EXCERPT: EFCC tells court Arik Air suffered massive losses of a out N350 billion under AMCON-appointed receivers, citing asset stripping and loan mismanagement. The Economic and Financial Crimes Commission (EFCC)
Paul Abiagam assumes leadership of Coronation Merchant Bank, driving growth, innovation, and market expansion as the bank marks ten years.
CBN Governor Cardoso says foreign capital inflows rise sharply to $20.98 billion, reflecting growing investor confidence.
Stakeholders march in Lagos to raise awareness on content theft, urging Nigerians to support creators and reject illegal downloads.
LASAA introduces a tech-driven permit featuring QR codes to ease registration, improve transparency and enhance compliance for branded vehicles.
Air Peace says Smartlynx defrauded it under failed damp lease deals, with losses of $38 million prompting legal action, court order.
Minister Lokpobiri has confirmed the fully furnished $5bn AEB headquarters in Abuja is ready for operations.
Dangote has partnered with four global EPC giants to expand Nigerian fertiliser output and launch an Ethiopia plant.
World Bank Country Director for Nigeria warns high inflation is eroding incomes and driving continued poverty.
Joint Venture boosts domestic gas supply by over 135 MMscf/d, powering major plants and significantly expanding national electricity generation.
Governor Diri launches Bayelsa’s first state owned aircraft, marking a major milestone in connectivity, commerce and regional development.
MAN calls for deeper rate reduction, warning current lending costs hinder production and weaken competitiveness in the manufacturing sector.
Dangote Group picks US firm Honeywell to double refinery output, enhance polypropylene production, and strengthen Nigeria’s energy and industrial security.
Aviation minister directs NCAA probe, may seize Dana Air assets to repay passengers and agents.
Afreximbank’s Oramah urges African leaders to embrace courage and innovation to turn deglobalisation into growth opportunities.
CBN keeps benchmark interest rate at 27 per cent, citing inflation concerns, banking resilience, Naira stability and macroeconomic progress.
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