House Committee Probes NNPC On Refinery Rehabilitation as Port Harcourt Facility Halts Operations
The House Committee on Petroleum has begun a probe of NNPC on why refineries remain idle despite billions spent on rehabilitation projects nationwide.
The House Committee on Petroleum has begun a probe of NNPC on why refineries remain idle despite billions spent on rehabilitation projects nationwide.
Sanwo-Olu has unveiled the Produce for Lagos programme which targets food security with ₦500bn fund, logistics, partnerships across Nigeria’s agricultural ecosystem.
SEC is seeking more clarity after 10.4 billion of First HoldCo shares were transferred to an unknown beneficial owner
Lafarge Africa delivered a record revenue of N268.6bn in Q2 2025, with its profit after tax by rising 248%
RMAFC’s N105.14bn 2025 budget has been approved by the House Finance Committee, with over 70% allocated to infrastructure.
Aliko Dangote reveals his refinery imports 10 million barrels of crude monthly, blaming international oil companies for major setbacks.
The CBN has kept MPR unchanged for the third time in 2025 at 27.5% as inflation moderates but food prices remain volatile.
NNPC recorded N905bn profit in June, a decline from May’s N1.054 trillion, and has remitted N6.96tn to the federation in 5 months
The federal government’s total debt to gencos has hit over N5 trillion, threatening generation capacity and sector stability.
Shettima has raised concerns over the state of Nigeria’s forests, saying over 90% of the country’s original forest cover has been depleted
Nigeria’s GDP has been rebased to N205 trillion, reflecting a 41.7% increase since the 2014 exercise.
Electricity tariff for Band A customers in Enugu will drop from ₦209 to ₦160 from August 1.
Zenith Bank has emerged as Nigeria’s best bank at the 2025 Euromoney Awards for excellence.
Air Peace is offering direct Abuja-London flights (Heathrow and Gatwick) from N1M, connecting multiple Nigerian cities.
Air Peace has launched direct Abuja–London flights to Heathrow and Gatwick airports from October 26, becoming the first Nigerian airline to do so
The CBN raised N3.58trn through NTBs and OMO in May 2025 as investor demand surged, showing confidence in Nigeria’s fiscal stability.
AGF Fagbemi has denied that the FG acquired shares in FirstHoldCo, but says it was aware of the trustee arrangement with Stanbic IBTC
PCNGI reports it has attracted over $800 million investment, created 100,000 jobs, and expanded CNG vehicles fivefold since inception
Iyadunni Gbadebo says Nigeria must decentralise tourism and theatre infrastructure to unlock full value from its creative industries.
Tinubu has appointed IBB’s son, Muhammad Babangida, as Bank of Agriculture Chairman amid major appointments across energy, trade, and research sectors.
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