Nigeria’s net FX reserves surge to $34.8 bln in 2025 – CBN says
Nigeria’s net foreign-exchange reserves surged to $34.8 billion by the end of 2025, up from $23.11 billion a year earlier and a dramatic leap from $3.99 billion two years prior,…
Mining firms must comply with community level agreements – Nasarawa Govt
The Nasarawa State Government says mining companies operating in the state must strictly comply with their Community Development Agreements (CDAs) in line with international best practices, to foster sustainable development…
NPA says 33 vessels to arrive Lagos ports with petroleum products, food
The Nigerian Ports Authority (NPA) has said that 33 ships with petroleum products, food items and other goods are expected at Apapa, Tin-Can Island and Lekki Deep Sea Ports in…
Oil, gas surge as Iran conflict disrupts Middle Eastern flows
Oil and natural gas prices surged on Monday as Israeli and U.S. strikes on Iran and retaliation by Tehran forced shutdowns of oil and gas facilities across the Middle East…
Vodafone teams up with Amazon’s satellites to connect masts in Europe and Africa
Mobile company Vodafone said on Monday it had signed a deal with Amazon Leo, the U.S. company’s low Earth orbit satellite network, to connect 4G and 5G mobile masts in…
Nigeria, AFC sign $1.3 billion deal to build alumina refinery
Nigeria has signed a $1.3 billion investment deal with Africa Finance Corporation (AFC) to build an alumina refinery and fund nationwide mineral exploration, the government said late on Sunday, in…
Nigeria splits OPL 245 oilfield into four blocks under deal with Eni, Shell – Source says
Nigeria has broken up the OPL 245 oil block into four new assets to be operated by Eni and Shell a source told Reuters, potentially settling the future of the…
Oil jumps 10% on Iran conflict and could spike to $100 a barrel – Analysts say
Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after U.S….
Nigeria’s equities market dips by 1.12%, as investors lose N1.4trn
The All-Share Index and market capitalisation of the Nigerian Exchange Ltd. declined by 1.11 per cent and 1.12 per cent, respectively, to close the week at 192,826.78 and N123.763 trillion….
Tinubu Backs Lebara’s Nigerian Telecom Foray, says signals Robust Sector Growth
President Bola Tinubu has congratulated Lebara Nigeria on its official launch, describing the milestone as a strong vote of confidence in Nigeria’s digital economy. Tinubu said the development reinforces Nigeria’s…