NUPRC Reforms Unlock Over $10bn in Upstream Oil and Gas Investments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says recent reforms in Nigeria’s oil and gas sector have unlocked more than...
CBN Denies Rumours of Polaris Bank Liquidation, Affirms Banking System Stability
The Central Bank of Nigeria (CBN) has dismissed circulating rumours that Polaris Bank is undergoing liquidation, describing the viral posts...
Oil Prices Rise as Uncertainty Over Middle East Ceasefire Persists
Oil prices climbed on Thursday as uncertainty surrounding a fragile two-week ceasefire in the Middle East raised fresh concerns about...
Global Stocks Fall, Oil Prices Rise as Doubts Grow Over US-Iran Ceasefire
Global stocks declined on Thursday while oil prices climbed after optimism surrounding the ceasefire between the United States and Iran...
DisCos Record N63.46bn Revenue Shortfall as Recovery Efficiency Drops in January 2026
Nigeria’s electricity distribution companies (DisCos) recorded a revenue shortfall of N63.46 billion in January 2026 as recovery efficiency declined to...
Imported Petrol Cheaper Than Dangote Refinery Supply — World Bank
The World Bank has disclosed that imported Premium Motor Spirit (PMS), also known as petrol, is currently cheaper than fuel...
FG Pushes Expansion of MOFI Real Estate Investment Fund to Boost Affordable Housing
The Federal Government has called for the expansion of the MOFI Real Estate Investment Fund to make affordable housing more...
Nigeria Loses Up to N8bn Monthly to Transmission Inefficiencies, Says NISO Boss
The Managing Director and Chief Executive Officer of the Nigerian Independent System Operator, Abdu Bello, has revealed that Nigeria’s power...
World Bank Raises Concern Over Nigeria’s N4tn Power Sector Bond Programme
The World Bank has expressed concern over the Federal Government’s plan to settle about N3.3tn owed to power-generating companies, warning...
FirstBank Sponsors Second Edition of ChessMasters School Tournament in Lagos
FirstBank has announced its strategic sponsorship of the second edition of ChessMasters, Africa’s largest school chess tournament. The announcement was...
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