NEITI Raises Alarm Over $458 Million Loss to Gas Flaring in 2023
The Nigeria Extractive Industries Transparency Initiative (NEITI) has voiced deep concern over the staggering volume of gas flared in 2023,...
IATA: $1.3 Billion in Airline Funds Still Blocked Globally, Nigeria Exits Debtors’ List
The International Air Transport Association (IATA) has reported that as of end-April 2025, a total of $1.3 billion in airline...
CBN Committed to Investor Confidence, Economic Stability — Cardoso
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reaffirmed the apex bank’s commitment to restoring investor...
Moody’s Upgrades Nigeria’s Credit Rating but Warns of Risks from Oil Prices, Inflation
Moody’s Ratings has upgraded Nigeria’s long-term foreign and local currency issuer ratings from Caa1 to B3, citing reforms by the...
Fuel Marketers Form Alliances as Price War Between Dangote and NNPC Drives Petrol Costs Down
Nigerian fuel marketers are forging strategic partnerships aimed at reducing losses, ensuring business sustainability, and maintaining steady fuel distribution across...
Experts Laud ISA 2025, but Judicial Delays Threaten Its Full Implementation
While the Investments and Securities Act (ISA) 2025 is being hailed as a landmark reform for Nigeria’s capital market, its...
FG Injects N165bn into Gas Infrastructure with 10 Equity Deals Under MDGIF
The Federal Government has signed separate investment agreements with 10 midstream oil and gas companies, unlocking over N165 billion in...
Asian Markets Slip as US-China Trade Tensions Escalate; Gold and Oil Rise
Asian shares retreated sharply on Monday, tracking a broader market pullback as trade tensions between the US and China escalated....
Oil Prices Rebound as OPEC+ Sticks to Modest Output Hike for July
Oil prices surged more than $1 a barrel in early Monday trading following OPEC+’s decision to maintain a modest production...
Manufacturers Count N1.62 Trillion FX Loss, Call for Legal Backing of ‘Nigeria First Policy’
The Manufacturers Association of Nigeria (MAN) has raised alarm over the soaring cost of imported raw materials and severe foreign...
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