Category: featured

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...

Japanese firm unveils world’s most accurate clock, priced at $3.3m

Shimadzu Corp, a precision equipment manufacturer based in Kyoto, Japan, has launched the world’s first...

Expert predicts further drop in petrol prices till mid-2025

The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has projected that petrol prices...

China strikes back with 15% tariffs on US goods

China has announced Tuesday additional upto tariffs and export controls on goods and companies in...

SERAP ssks Tinubu to stop ATM fee hike temporarily

The Socio-Economic Rights and Accountability Project has called on President Bola Tinubu to instruct Central...

Reps probe oil firms over ₦9.4trn debt to FG

The Nigerian House of Representatives has launched investigative hearings to address approximately ₦9.4 trillion in...

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