TotalEnergies sells Nigeria oilfield stake to Shell for $510 million
May 29, 2025 French oil major TotalEnergies said on Thursday it agreed to sell its 12.5% stake in the Bonga oilfield offshore Nigeria to Shell, the field’s operator, for $510…
Oil rises after OPEC+ keeps output policy unchanged
May 28, 2025 Oil prices gained more than 1% on Wednesday on supply concerns as OPEC+ agreed to leave their output policy unchanged and as U.S. barred Chevron from exporting…
We’ll continue borrowing within sustainable limits – FG
May 28, 2025 The Federal Government says it will continue to borrow within manageable and sustainable limits in accordance with the Debt Management Office (DMO) debt sustainability framework. This is…
NSCDC uncovered 460 illegal mining sites, arrested 387 in 14 months – Commander
May 28, 2025 The Nigeria Security and Civil Defence Corps (NSCDC) has uncovered and dismantled 460 illegal mining sites and arrested 387 suspects in 14 months. The NSCDC Mining Marshals,…
Nigeria’s economic growth slows amid global uncertainties – AfDB Report
May 27, 2025 Nigeria’s economy is projected to grow at a slower pace with its real Gross Domestic Product (GDP) growth at 3.2 per cent in 2025 and 3.1 per…
Tinubu seeks approval for $21.5bn external loan, ₦757.9bn pension bond
President Bola Tinubu has written to the House of Representatives, requesting legislative approval for a new external borrowing plan of $21.5 billion, alongside a domestic bond issuance of ₦757.9 billion…
LASG signs concession deal on waste conversion
May 27, 2025 …To build Material Recovery Plant, Recycling Facility in Ikorodu, Badagry, decommission dumpsites Lagos State is set to build a material recovery plant and a waste recycling plant,…
EVERY FRIDAY IS BLACK FRIDAY: TD Africa makes tech cheaper, available
TD Africa, a trailblazer in technology distribution and innovation across Africa, has launched an exciting weekly campaign titled ‘Black Friday Every Friday’, bringing massive discounts on premium tech products to…
Ensuring safety of the banking sector, by Arize Nwobu
The Central Bank of Nigeria (CBN) has reassured that the banking sector remains resilient, safe and sound and advised the public to ignore “misleading information ” on the social…
Nigeria to open two Chinese-backed lithium processing plants this year
May 26, 2025 Nigeria is set to commission two major lithium processing plants this year, the country’s mining minister announced on Sunday, marking a shift from raw mineral exports towards…