PEBEC has begun a collaboration with Abia State to improve ease of doing business in the state and support entrepreneurs

Backbone Infrastructure Nigeria plans a $15b refinery in Ondo to produce 500,000 bpd and boost trade zone development

OpenAI is preparing to roll out its own web browser, positioning itself as a formidable competitor to Google Chrome.

Lawyers and civil groups have petitioned the National Assembly, alleging $5 million diversion by NMDPRA boss Farouk Ahmed for children’s education.

NUPRC says oil sector is rebounding, with rig count rising from 8 in 2021 to 46, reflecting investor confidence

Enugu’s commissioner says new airline will generate jobs, boost tourism, and transform the state’s economy within years

Dangote Refinery plans to rely entirely on Nigerian crude by year-end, replacing hundreds of thousands of barrels of imported oil.

Bloomberg reports that the naira is showing signs of stability, decoupling from oil prices as reforms and investor confidence strengthen.

The IMF has urged Nigeria to prioritise inclusive growth, fiscal discipline, and revenue mobilisation to achieve long-term economic stability.

CBN says no hidden charges on NRBVN as the $50 fee covers remote verification, biometric capture and secure identity authentication.

Shell and TotalEnergies plan first oil from Bonga North and Ubeta fields by 2027 to boost Nigeria’s energy output.

CBN has directed all banks to submit Capital Restoration Plans within 10 working days after each quarter, starting June 2025.

Keyamo has hailed Governor Mbah’s relentless efforts, describing Enugu Air as a triumph of vision and a historic aviation milestone.

EXCERPT: Apple appeals EU’s landmark €500m fine over App Store practices, calling new rules unfair, confusing, and anti-innovation

Trump warns that any country supporting anti-American BRICS policies will face an additional 10% tariff with no exceptions.

Nigeria’s oil sector players have called for performance, investment-friendly policies and integration to drive sectoral growth.

Economist Kelvin Emmanuel has said Nigeria’s upcoming GDP rebasing could mask harsh realities, with per capita income below $900.

Nigeria has been left out of OPEC’s 548,000 bpd crude output increase due to poor production despite incentives and projections.

Eko Hotels & Suites hosted the 2025 Hospitality Business Summit, uniting students and industry leaders to chart Africa’s tourism future.

NUPRC records a 176.7% revenue increase in 2024, generating N12.2 trillion compared to N4.3 trillion in 2023.