NUPRC to Boost Active Oil Rigs to 50 by End of 2025, Driving Nigeria’s Energy Growth
NUPRC plans to increase active oil rigs from 36 to 50 by year-end, boosting Nigeria’s upstream petroleum sector.
Sahara Group GMD Adesina Applauds Tinubu’s Energy Policies, Predicts Long-Term Economic Gains
Sahara Group’s Kola Adesina lauds Tinubu’s bold energy reforms, highlighting subsidy removal and transparency as game-changers in Nigeria’s petroleum sector.
Nigeria’s Inflation Rate Drops To 23.71% In April
Nigeria’s inflation rate has fallen to 23.71% in April 2025, while food inflation declined to 21.36%.
Telecommunications is the Backbone of The Economy, Airtel CEO Dinesh Balsingh Declares
Airtel CEO Dinesh Balsingh has highlighted the economic impact of telecommunications as a vital sector for national growth.
Nigeria Unveils Bold Energy Plan, Targets 3 Million Barrels Daily Output
Nigeria launches energy reform drive at Africa Energies Summit, aiming to become Africa’s top destination for oil and gas investment.
Nigeria Secures Over $8bn Deepwater Oil and Gas FIDs as Presidential Reforms Spur Investment
The FG has revealed that Tinubu’s reforms have attracted over $8bn in deepwater oil and gas investments in under a year.
Qatar Airways Signs $200 Billion Deal With Boeing For 160 Jets During Trump’s Visit
Qatar Airways signed a $200 billion deal for 160 jets with Boeing during US President Trump’s visit to Qatar.
Now Is A Great Time To Invest In Nigeria, Shettima Says To Islamic Development Bank
Shettima has said that now is a great time to invest in Nigeria, citing Tinubu’s critical economic reforms.
CBN Launches Non-Resident BVN Platform, Projected To Boost Diaspora Remittance Target By $12bn Annually
CBN has launched a Non-Resident BVN Platform, says it will ease access for diaspora Nigerians, boost remittance growth by $12bn annually.
Nissan Announces Major Cost Cuts Following Ongoing Struggles
Nissan has announced job cuts, plant closures, and cost-saving measures as it faces challenges in the US market.
Nigerians Face Impact as US Proposes 5% Tax on Remittances
The United States is considering a 5% levy on remittances, a move that could affect millions of Nigerians.
China Lifts Ban On Boeing Aircraft Deliveries Following US Trade Truce
China has lifted its ban on Boeing aircraft deliveries, following a trade truce with the United States
US, China Reach Agreement To Slash Tariffs By 115% For 90 Days
The United States and China have agreed to reduce tariffs by 115% temporarily, aiming to resolve trade war dispute.
Sterling Bank Partners With LASG, BOI to Launch Collateral-Free Loans for Small Businesses
Sterling Bank partners with Lagos and BOI to provide collateral-free loans, targeting 10,000 MSMEs with up to ₦10 million.
Japan’s PM Ishiba Pushes for 0% Tariffs in US Trade Talks, Calls Current Levies Harmful
Japan’s PM Shigeru Ishiba has called for 0% tariffs with the US, saying car tariffs hurt US consumers as well
Afreximbank Flags USAID Suspension as Additional Strain on Nigeria’s Fragile Public Finances
Afreximbank has said that the suspension of USAID’s activities has put a strain on Nigeria’s public finances
US-China Trade Talks: Trump Administration Eyes Tariff Reductions to Ease Tensions
The Trump administration plans to reduce tariffs during weekend talks with China, aiming to ease economic tensions.
Dangote Visits NNPC to Strengthen Partnership, Heal Strained Relationship
Dangote visits NNPC to strengthen ties, discussing collaboration and healthy competition aimed at ensuring Nigeria’s energy security and prosperity.
UK To Purchase $10 Billion Worth Of Boeing Aircraft Under New Trade Deal With US
The UK has planned to buy $10 billion in Boeing aircraft as part of a new trade agreement with the US.
DStv Subscription: Court Dismisses MultiChoice Suit Against FCCPC
Federal High Court rules against MultiChoice, says FCCPC acted beyond its powers in DSTV price control dispute.
