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Nigeria's oil output rises 9.9% in July - NUPRC

Nigeria, Aug. 26 -- Nigeria's oil output recorded significant improvement in July 2025, averaging 1.71 million barrels of oil per day (bopd), the Nigerian Upstream Regulatory Commission (NUPRC) has sa... Read More


Again, NNPC profit drops to N185 billion in July

Nigeria, Aug. 22 -- Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a profit after tax of N185 billion for July, its latest monthly report shows This represents a drop from the N905 b... Read More


NCC, CBN collaborate to tackle failed telecom transactions

Nigeria, Aug. 20 -- The Nigerian Communications Commission (NCC) on Tuesday said it is collaborating with the Central Bank of Nigeria (CBN) to tackle the recurring problem of failed telecommunications... Read More


Tinubu commissions MT Iyaloja LPG vessel in South Korea

Nigeria, Aug. 19 -- President Bola Tinubu on Monday, commissioned a 40,000 cubic meters (CBM) Liquefied Petroleum Gas (LPG) vessel, christened "MT Iyaloja (Lagos)," in Ulsan, South Korea. The Nigeria... Read More


UPDATED: Nigeria's inflation rate eases to 21.88% in July - NBS

Nigeria, Aug. 15 -- Nigeria's annual inflation rate eased to 21.88 per cent in July from 22.22 per cent in June 2025, the National Bureau of Statistics (NBS) said on Friday. The statistics office sai... Read More


BREAKING: Nigeria's inflation rate eases to 21.88% in July - NBS

Nigeria, Aug. 15 -- Nigeria's annual inflation rate eased to 21.88 per cent in July from 22.22 per cent in June 2025, the National Bureau of Statistics (NBS) said on Friday. The statistics office sai... Read More


Over 4,000 large taxpayers yet to complete FIRS e-invoicing system onboarding - Official

Nigeria, Aug. 15 -- The Federal Inland Revenue Service (FIRS) has announced that over 1,000 large taxpayers have successfully onboarded and commenced integration on its new electronic invoicing (e-inv... Read More


Again, Nigeria's oil production exceeds OPEC quota

Nigeria, Aug. 13 -- Nigeria's crude oil production rose in July, data from the Organisation of Petroleum Exporting Countries (OPEC) has shown. According to the oil cartel's direct communication data,... Read More


Dangote Refinery debunks shutdown rumour

Nigeria, Aug. 9 -- The Dangote Petroleum Refinery has dismissed recent reports alleging a shutdown of its operations. The company's Group Chief Branding and Communications Officer, Anthony Chiejina, ... Read More


TCN speaks on fire outbreak at Egbin Power Plc

Nigeria, Aug. 7 -- The Transmission Company of Nigeria (TCN) said a fire incident occurred at the Egbin Power Plc at about 6:30 a.m. on Tuesday, affecting TCN's 150MVA power transformer at its Egbin t... Read More