Category: featured

Local refineries key to lower fuel prices, reduced importation – Minister

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has emphasized that increasing local...

Denmark’s 18-km Fehmarnbelt tunnel set to redefine European transport

A massive engineering project is taking shape on the southern coast of Denmark, where an...

Reps order CBN to halt new ATM charges policy

The House of Representatives directed the Central Bank of Nigeria to immediately suspend the implementation...

REA targets ₦1trn as FG approves renewable asset firm establishment

The Rural Electrification Agency has received approval to establish a renewable asset management company in...

Aviation unions demand Customs Chief’s removal over clash with FAAN security

Aviation workers have issued a 14-day ultimatum to the Federal Government, demanding the removal of...

Nigeria’s fuel imports hit N930bn despite local refining growth

Nigeria imported fuel and diesel valued at about N930 billion in February 2025, despite increasing...

SEC warns public against Pro-Vest, other unregistered investment schemes

The Securities and Exchange Commission has issued a warning to the public regarding unregistered investment...

Oil prices head for biggest weekly drop since October

Oil prices held steady on Friday but were set for their biggest weekly drop since...

NGX posts first March gain, adds N216bn in market value

The Nigerian Exchange recorded its first gain in March, with renewed investor interest boosting market...

OpenAI, Oracle to power Stargate site with Nvidia AI chips

OpenAI and Oracle are preparing to equip a massive new data center in Texas with...

Nigeria exceeds OPEC quota with 70,000 bpd surplus in February

Nigeria’s crude oil production increased in February, 2025 with the country producing approximately 70,000 barrels...

Operators challenge NPA’s mandatory port pass requirement

Freight forwarders under the National Association of Government Approved Freight Forwarders have raised concerns over...