NNPC and FIRST E&P have confirmed major hydrocarbon discovery in Songhai Field, OML 85, boosting Nigeria’s oil production potential.

Oil prices rise as Russia’s Novak hints OPEC+ may reverse April output increase, but weekly decline persists amid US policy concerns.

NAFDAC has reopened Onitsha drug market after one month, warning of future closures if violations occur again

CBN Governor Olayemi Cardoso says the revamping of the National Arts Theatre will help unlock Nigeria’s $25 billion creative sector.

Nigeria has joined the European Bank for Reconstruction and Development, with plans for investment and economic collaboration.

Nigeria pumped 70,000 bpd above its OPEC quota in February, boosting revenues and global energy influence.

MultiChoice is facing legal action for ignoring FCCPC’s directive to halt a price hike on their DStv, GOtv subscriptions pending investigation.  

Bloomberg has reported that NLNG’s gas supply dropped 80% as vandalism crippled operations, reducing exports and tightening global LNG markets.

Seplat Energy has reported N1.65 trillion revenue, N647.9 billion profit for 2024, and announced $16.5 per share dividend.

Beijing has targeted US agriculture with 10-15% tariffs, Canada slaps 25% duties on $150bn in imports amid trade tensions.

NNPC subsidiary NEPL plans $20 billion investment by 2030, targeting increased crude oil and gas production to drive Nigeria’s energy growth.

Dangote Refinery had pledged to refund customers who bought PMS above N825/litre from key partners Ardova Plc, Heyden, or MRS.

CBN has reaffirmed commitment to strengthening financial sector oversight, enhancing risk management, and ensuring compliance with global banking standards

Dangote refinery has purchased its first 1 million barrels of Algeria’s Saharan Blend crude from Glencore, scheduled for March delivery.

Citigroup has mistakenly credited a client with $81trn instead of $280, exposing serious lapses in its internal transaction verification process.

NGX Group has reported a N13.6 billion profit before tax in 2024, marking a 157.3% year-on-year growth driven by innovation.

FG expects $2bn in new oil and gas investments by Q1 2025, following Shell’s $5bn Bonga North project.

Aviation Minister Keyamo has warned foreign airlines to patronise Nigerian caterers or risk denial of summer schedule approvals

The NGX gained N4.43 trillion in two months, buoyed by banking recapitalisation, lower Treasury yields, and investor optimism

The FCT-IRS started 2025 strong by generating N43.8bn revenue in January, hoping to surpass 2024’s revenue as a whole