NNPC Completes OB3 River Niger Crossing, Unlocks Major Gas Supply Boost
The Nigerian National Petroleum Company Limited(NNPCL) has completed the long-delayed River Niger crossing of the Obiafu-Obrikom-Oben (OB3) gas pipeline, unlocking...
Middle East Oil Crisis Spurs Global Push for Faster Clean Energy Transition
A fresh global oil crisis triggered by the Middle East conflict has intensified calls for a rapid shift to clean...
Reps Order DISCOs to Refund N55.42bn NMMP Funds Over Poor Performance
The House of Representatives Nigeria has directed 11 electricity distribution companies (DISCOs) to refund N55.42 billion received under the National...
Seplat Energy Plc Posts N52.5bn Profit, Declares $9 Cents Dividend Amid Mixed Q1 Performance
Seplat Energy Plc has reported a post-tax profit of N52.5 billion for the first quarter of 2026, up from N35.3...
Julius Berger Nigeria Plc Posts N9.8bn Pre-Tax Profit in Q1 2026, Shares Jump 9.38%
Julius Berger Nigeria Plc has reported a pretax profit of N9.8 billion for the first quarter of 2026, according to...
Senate Confirms Lamido Yuguda as CBN Deputy Governor, Appoints Peggy Onwu to NDIC Board
The Senate has confirmed the nomination of Lamido Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), alongside...
Petrol Prices Near N1,400/Litre as Middle East Crisis Disrupts Global Oil Supply
Pump prices of Premium Motor Spirit (petrol) are approaching N1,400 per litre in many parts of Nigeria as geopolitical tensions...
Dangote Cement Plc Posts N421.1bn Pre-Tax Profit in Q1 2026
Dangote Cement Plc has reported a profit before tax of N421.1 billion for the first quarter of 2026, reflecting strong...
MTN Nigeria Posts ₦355.5bn Q1 Profit, Warns of Margin Pressure Amid Rising Diesel Costs
MTN Nigeria has reported a profit after tax of ₦355.5 billion for the first quarter of 2026, representing a 165.9% year-on-year increase. In its...
Standard Chartered Secures $2.33bn Financing for Tanzania’s Railway Expansion
Standard Chartered has arranged a $2.33 billion syndicated financing facility to support critical sections of Tanzania’s Standard Gauge Railway (SGR)...
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