Nigeria secures £746m UK deal to modernise seaport infrastructure
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced a £746 million financing agreement with the United Kingdom to modernise…
Business
Mastercard to acquire BVNK in $1.8bn stablecoin push
Mastercard has agreed to acquire stablecoin infrastructure firm BVNK in a deal worth up to $1.8bn, underscoring its push into blockchain-based payments.…
Global energy markets shake as Middle East crude hits record high
Middle East crude benchmarks hit record highs, becoming the world’s most expensive oil, despite a drop in trade caused by the US…
Dangote seals $4.2bn gas deal with China’s GCL for Ethiopia fertilizer plant
Dangote Industries Limited and GCL Group, China’s leading private energy conglomerate, have formalized a landmark US$4.2 billion, 25-year natural gas supply agreement…
Nigeria stock market hits historic 200,000 ASI mark
Nigeria’s stock market achieved a significant milestone on Monday as the Nigerian Exchange Limited All-Share Index crossed the 200,000-point mark. The breakthrough…
NUPRC completes pre-qualification, notifies applicants in oil, gas licensing round
The Nigerian Upstream Petroleum Regulatory Commission has moved Nigeria’s 2025 oil and gas licensing round into a key phase, completing the pre-qualification…
Nigeria’s internet traffic surges 168% over three years – NCC
Internet usage in Nigeria has surged significantly over the past three years, with total traffic rising by about 168 per cent between…
Nigeria records $96bn in crypto, virtual asset transactions — SEC
Nigeria’s digital finance ecosystem recorded approximately $96bn in cryptocurrency and other virtual asset transactions, according to Emomotimi Agama, Director-General of the Securities…
Trump slams US allies reluctant to join Hormuz oil escort
President Donald Trump expressed frustration on Monday that certain countries are refusing to join a coalition to protect oil tankers transiting the…
Senate panel clears Magnus Abe as NUPRC board chairman
The Senate Committee on Petroleum Resources on Monday cleared Magnus Abe, former senator representing Rivers South-East, for appointment as chairman of the…
NGX, SEC begin free-float review to attract investors
Nigeria’s capital market regulators have initiated a review of free-float rules for listed companies to enhance liquidity, deepen the equity market, and…
ICYMI: US slashes fee to give up American citizenship
The United States will lower the fee for formally renouncing citizenship from $2,350 to $450 starting April 13. This was disclosed in…