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JUST IN: Nigeria's inflation rate eases for sixth straight month

Nigeria, Oct. 15 -- Nigeria's inflation rate eased for the sixth successive month to 18 per cent in September from 20.1 per cent a month earlier, boosting the optimism that policymakers will continue ... Read More


N4 trillion Electricity Debt: Nigerian Government, GenCos finalise implementation framework

Nigeria, Oct. 15 -- The Nigerian Government has taken a major step towards restoring operational stability and investor confidence in the electricity market with the finalisation of the implementation... Read More


Nigeria secures over $400 million in renewable energy investments - Shettima

Nigeria, Oct. 15 -- Vice President Kashim Shettima has said that Nigeria's renewable energy manufacturing value chain has attracted over $400 million in new investment commitments. Mr Shettima made t... Read More


Over N38 billion revenue generated in solid minerals sector in 2024 - Tinubu

Nigeria, Oct. 14 -- President Bola Tinubu on Tuesday said the solid minerals sector generated over N38 billion in revenue in 2024, up from the N6 billion it generated the previous year. The president... Read More


Tinubu's government has attracted over $8 billion major upstream final investment decisions - official

Nigeria, Oct. 14 -- The special adviser to President Bola Tinubu on information and strategy, Bayo Onanuga, on Tuesday said Shell's newly announced $2 billion final investment decision (FID) on a new ... Read More


Dangote refinery/PENGASSAN clash: Disruptions pose danger to investor confidence, economic stability - Group

Nigeria, Oct. 8 -- On Tuesday, a group of prominent Nigerians expressed concern over the implications of the recent clash between Dangote Petroleum Refinery and the Petroleum and Natural Gas Senior St... Read More


"Nigeria is greater than PENGASSAN:" FG speaks on Dangote refinery workers' dispute

Nigeria, Oct. 7 -- The Nigerian government has called for caution and restraint in the labour war between the Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PE... Read More


Nigeria lost billions of naira to last PENGASSAN strike - NNPC chief

Nigeria, Oct. 6 -- The nationwide strike embarked upon by some oil workers recently cost Nigeria over 200,000 barrels per day of crude oil, and also affected gas production and electricity generation,... Read More


NUPRC approved 79 FDPs with $40 billion potential investment within two years - Official

Nigeria, Oct. 6 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said on Sunday it endorsed 79 Field Development Plans (FDP) between 2024 and 2025, which can deliver investments with a... Read More


How Dangote offered to pay sacked workers 5 years salaries without work - Sources

Nigeria, Oct. 3 -- Details are emerging of the negotiation and agreements signed by Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) following the cri... Read More