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Blackout looms as Nigerian electricity workers begin strike

Nigeria, Sept. 26 -- The National Union of Electricity Employees (NUEE) has directed its members chapter of the Transmission Company of Nigeria (TCN) to withdraw their services with immediate effect. ... Read More


NUPRC cancels TotalEnergies $860 million Nigerian onshore oil business sale

Nigeria, Sept. 24 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has cancelled the approval for TotalEnergies $860 million asset sale to Chappal Energies. The NUPRC's Head of Media ... Read More


Manufacturers' association raises concerns over tax stamp system

Nigeria, Sept. 24 -- The Manufacturers Association of Nigeria (MAN) has expressed concerns over the proposed introduction of a tax stamp system for excisable goods in Nigeria. A statement on Wednesda... Read More


Why depot owners risk bankruptcy - Otedola

Nigeria, Sept. 22 -- Femi Otedola, billionaire businessman and chairman of Geregu Power Plc, has advised members of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) to focus... Read More


Nigeria's GDP grew by 4.23% in Q2 2025 - NBS

Nigeria, Sept. 22 -- Nigeria's Gross Domestic Product (GDP) grew by 4.23 per cent year-on-year in real terms in the second quarter of 2025, the National Bureau of Statistics (NBS) has said. The NBS s... Read More


Ajaokuta steel company will never work - Dangote

Nigeria, Sept. 17 -- Aliko Dangote, founder and president/chief executive of the Dangote Group, says he believes that the Ajaokuta steel company will never work. Mr Dangote, in a video shared on the ... Read More


Our drivers earn more than graduates - Dangote

Nigeria, Sept. 17 -- Aliko Dangote, founder and president/chief executive of the Dangote Group has revealed that his company's drivers earn significantly more than graduates. Mr Dangote, in a video s... Read More


Dangote narrates experience in Uber taxi

Nigeria, Sept. 17 -- Aliko Dangote, founder and president/chief executive of the Dangote Group, has shared an interesting experience he had while riding in an Uber taxi in Italy. Mr Dangote in a vide... Read More


Nigeria's inflation rate eases to 20.12% in August - NBS

Nigeria, Sept. 15 -- Nigeria's annual inflation rate eased to 20.12 per cent in August from 21.88 per cent in July 2025, the National Bureau of Statistics (NBS) said on Monday. The statistics office ... Read More


NUPRC revokes Oritsemeyin Rig's operating licence

Nigeria, Sept. 13 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Friday said it has revoked the operating licence of Oritsemeyin Rig. The NUPRC's Head of Media and Strategic Comm... Read More