Nigeria Eyes Global Oil Palm Dominance As NPPAN Targets 10 Million Metric Tonnes by 2050
…Unveils Plan for National Oil Palm Council and Development Fund to End Import Dependency The National Palm Produce Association of Nigeria (NPPAN) says the country will be self sufficient and…
Nigeria’s Seplat Energy hit by strike amid push for higher output
Workers at Seplat Energy, Nigeria’s largest independent oil and gas producer, began an indefinite strike on Friday in a move that could crimp output just as rising global oil prices…
Come, invest in Asaba, Asagba woos investors at Lagos business forum
It was a rare convergence of royalty and the national business community as the Asagba of Asaba, His Royal Majesty, Professor Epiphany Chigbogu Azinge, invited investors to share in the…
Konga unveils Easter Homecoming Campaign with unprecedented deals, huge discounts
Nigeria’s leading composite e-commerce platform, has announced the launch of its highly anticipated Easter Homecoming campaign, which commenced on April 1st, 2026. This strategic seasonal initiative promises to deliver exceptional…
Nigeria oil, condensate reserves hit 37.01bn barrels – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says crude oil and condensate reserves stand at 31.09 billion barrels and 5.92 billion barrels, respectively, amounting to a total of 37.01 billion…
Okonjo-Iweala Tasks Nigeria to Lead Africa’s Single Air Transport Market Agenda
The Director-General of the World Trade Organisation (WTO), Mrs. Ngozi Okonjo-Iweala, has called on Nigeria to champion the Single African Air Transport Market (SAATM) initiative. Okonjo-Iweala made the call virtually…
Recapitalization: 33 Banks Meet New Capital Requirements, Raise N4.65 Trillion in 24 Months – CBN
The Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024. This is disclosed in a statement issued on Wednesday…
NLNG: Adeleye Falade assumes office as MD/CEO
Adeleye Falade has officially assumed office as the Managing Director and Chief Executive Officer of Nigeria Liquefied Natural Gas (NLNG). He took up the role on Wednesday at the company’s…
Beyond Religion: SEC Says Non-Interest Banking is Key to Nigeria’s $1 Trillion Economy
Chairman of the Securities and Exchange Commission (SEC), Alhaji Aliyu Katuka, says non-interest banking is gaining wider acceptance in Nigeria, driven by increasing awareness and economic benefits. Katuka said this…
Nigeria allocates more crude cargoes to Dangote refinery for May, sources say
Nigerian National Petroleum Company (NNPC) is allocating seven May cargoes to Dangote oil refinery, up from five in previous months, after the spike in fuel prices caused by the Iran…