Category: featured

Dangote Refinery suffers 79 million barrels crude supply shortage — Report

The ambitious deal between the Dangote Petroleum Refinery and Nigerian National Petroleum Company Limited is...

Lagos-Calabar coastal road to boost Nigeria’s GDP to $14trn — Experts

Experts have projected that the 750-kilometre Lagos-Calabar Coastal Road could transform Nigeria into a multi-trillion-dollar...

Two Nigerians jailed 16 years for money laundering in Ireland

Two Nigerian nationals based in Ireland, Francis Ogbuefi, 42, and Steven Silvester, 32, have been...

Explosion rocks US refinery, residents ordered to take shelter

Local officials have ordered residents near a Texas oil refinery to immediately shelter in place...

Nigeria, Africa will pay heavy price if Iran war continues – Dangote

Foremost industrialist, Alhaji Aliko Dangote, has warned that Middle-East tensions driving global oil volatility could...

Nigeria attracts $2.6bn FDI in solid minerals sector — Alake

The Minister of Solid Minerals Development, Dr. Dele Alake, disclosed that the Tinubu-led administration has...

Naira depreciates to ₦1,388/$ amid fresh pressure

The Naira faced renewed pressure in the foreign exchange market today, March 24, 2026, as...

Iran denies US talks, accuses Trump of oil market manipulation

Iran has firmly denied engaging in any negotiations with the United States. This directly contradicts...

Ex-acting AGF Nwabuoku jailed 72 years for ₦868m fraud

The Economic and Financial Crimes Commission announced on Monday that a former Acting Accountant-General of...

Crude oil surges to $146pb amid US-Iran war fears

Crude oil has surged to $146 per barrel amid escalating fears from the ongoing United...

Ajaero blasts N6tn GenCo bailout, says Nigerians pay for darkness

The Nigeria Labour Congress has rejected the Federal Government’s proposed N6 trillion bailout for power...

MTN rebounds with N1.1tn profit in 2025 financial year

MTN Nigeria has reported a profit of N1.1 trillion for the 2025 financial year, marking...