Finance Minister Wale Edun highlighted Nigeria’s economic reforms, forex stability, and trade growth in talks with First Abu Dhabi Bank.

MAN has attributed the failure of power sector privatisation to inadequate technical capacity, warning tariff increases will damage manufacturing competitiveness.

NNPC Ltd/First E&P JV has reduced routine gas flaring by 96% at Madu and Anyala fields, reinforcing Nigeria’s climate commitments

Dangote Refinery has achieved a milestone, exporting two jet fuel cargoes to Saudi Aramco, leveraging world-class standards and advanced technologies.

IBM will reportedly transfer its regional operations to MIBB, a Midis Group subsidiary, as part of a new operating model. 

PE Energy and Bornemann have introduced the Multi-Phase Pump technology to the Nigerian market, aiming to eliminate gas flaring in Nigeria.

TotalEnergies has reported a 15% decline in fourth-quarter earnings, with adjusted net income falling to $4.4 billion from $5.2 billion.

EToyota has increased full-year profit forecast by 9%, citing strategic measures and a weaker yen boosting exports.

Komolafe has said NUPRC would not favor any party, warning producers and refiners to meet obligations or lose export licenses.

Eurocham Nigeria has advocated for stronger EU-Nigeria ties, aiming to drive economic transformation and investment.

Credit default rates surged in Q4 2024 as corporate lending and unsecured loans increased, CBN report reveals.

NEITI says Nigeria must invest $20bn annually in gas infrastructure to maximise its production potential.

NUPRC has threatened sanctions for oil firms deliberately failing to meet domestic crude supply obligations to refineries.

Telcos have cited economic pressures for the NCC-approved 50% tariff hike, promising improved services within three months.

WTO Chief Okonjo-Iweala says 2025 will be a pivotal year for the organisation, as global trade negotiations will be affected by geopolitical tensions

Deposit Money Banks’ liquidity deposits with CBN rOse by 627.17% to N9.39tn, reflecting improved financial stability in the banking sector.

NNPC, oil marketers imported over 4bn litres of petrol, 1.15bn litres of diesel in four months, costing N5.5 trillion.

The Nigerian stock market saw a N1.95tn rise in January, with banking stocks leading despite economic concerns.

The naira has appreciated to N1,627, N1,493 against the dollar on the parallel and official markets respectively

Aniekan Usoroh has said a telecom shutdown in Nigeria would cause chaos; telecom tariff hike is necessary due to rising operational costs.