Oil Prices Dip on OPEC+ Output Hike Expectations, Tariff Concerns
Oil prices edged lower on Tuesday as traders reacted to expectations of a fresh OPEC+ output increase in August and...
Global Stocks Extend Record Rally on Optimism Over U.S. Economy, Fed Policy
Global equities started the second half of 2025 on a strong note, extending a record-breaking rally as investors grow more...
Banks’ Deposits with CBN Soar by 907% to N68.9tn in H1 2025 Amid Excess Liquidity
Banks in Nigeria have significantly increased their deposits with the Central Bank of Nigeria (CBN), rising by a staggering 907.3%...
FG Launches LPG Penetration Programme in North-West, Targets 5 Million Cylinders by 2030
The Federal Government has launched the North-west zone phase of its Liquefied Petroleum Gas (LPG) grassroots penetration programme and cylinder...
Tinubu Calls for Conducive Business Climate to Deepen Nigeria-China Investment Ties
President Bola Tinubu has underscored the urgent need to create a conducive business environment in Nigeria to attract sustained foreign...
China to Replicate Agro-Industrial Transformation in Nigeria Within Five Years
The People’s Republic of China has pledged to replicate the agro-industrial reforms that drove its global agricultural revolution in Nigeria...
Nigeria Posts $3.73bn Current Account Surplus in Q1 2025 on Strong Export Growth
Nigeria recorded a current account surplus of $3.73 billion in the first quarter of 2025, reflecting improved trade performance driven...
NCDMB Unveils ‘Nigeria First’ Policy to Boost Local Content in Oil, Gas
The Nigerian Content Development and Monitoring Board (NCDMB) is finalising a new procurement framework titled the Nigeria First Procurement Policy,...
FG Spends N611.71bn to Service First Domestic Dollar Bond
In a landmark move with far-reaching implications, the Federal Government of Nigeria spent a staggering N611.71 billion in March 2025...
Oil Firms Remit ₦57.07bn to Host Communities in 2024 — NUPRC
Oil and gas companies operating in Nigeria remitted a total of ₦57.07 billion to Host Community Development Trusts (HCDTs) in...
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