Reuters: NUPRC Revokes Approval of TotalEnergies’ $860 Million Asset Sale to Chappal
The Nigerian Upstream Petroleum Regulatory Commission has revoked approval granted to TotalEnergies for the $860 million asset sale deal, according to Reuters.
The Nigerian Upstream Petroleum Regulatory Commission has revoked approval granted to TotalEnergies for the $860 million asset sale deal, according to Reuters.
Dr Ayo Teriba says Nigeria’s accelerating GDP growth signals recovery, but citizens await tangible improvements in livelihoods.
The CBN has cut Nigeria’s benchmark interest rate by 50 basis points to 27%, citing sustained disinflation and growth needs.
Globacom has launched TalkMasta and Welcome Bonus, offering free calls, data, and enhanced rewards to new and existing subscribers.
RMAFC has launched a verification exercise to resolve Niger Delta oil well ownership disputes and ensure fair revenue allocation.
Lagos Business School warns Nigeria’s digital economy boom could transform banking, urging banks to adapt to a mobile-first future.
Nigeria’s government cancels over 1,200 dormant licences, warning speculators to make way for capable investors in Nigeria’s solid minerals sector.
CPPE says Yemi Cardoso restored liquidity, transparency and credibility but warns harsh monetary tightening is stifling private investment.
Governor Dapo Abiodun says Ogun will nurture talent and empower youths as Nigeria’s creative sector drives global economy.
The Federation Account Allocation Committee awaits NNPC on $42.37bn and OAGF on N2tn pending unreconciled federation payments.
Major European airports, including Heathrow, Brussels and Berlin, experienced widespread cyber-related disruption affecting operations and passenger services.
NUPRC reports Nigeria met 96% of OPEC quota as crude oil production climbs despite condensate decline.
NGX transactions hit N6.92 trillion in eight months of 2025, boosted by reforms and rising foreign investor confidence.
UBA posts ₦335.5bn profit after tax, with earnings, assets, and customer deposits recording double-digit growth in 2025.
Zenith Bank has announced gross earnings of N2.5 trillion in H1 2025 and declared an interim dividend of N1.25.
Hyundai is recalling over 568,000 Palisade SUVs in the US due to faulty seat belt buckles, regulators announced.
Nigeria’s $1 trillion economy target by 2030 is a mirage without the right policies, says CFG Advisory CEO, Tilewa Adebajo.
Regulators inaugurated a 10-member joint committee to share data, monitor competition, and address recurring consumer complaints in Nigeria’s oil sector.
Business leaders caution that Nigeria’s sweeping 2026 tax reforms may worsen multiple taxation, compliance costs, and deter critical investments.
A Federal High Court in Abuja has ordered the final forfeiture of $7 million seized from a commercial bank’s vault.
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