PETROAN backs multiple petroleum sources, calls for fair competition
The Petroleum Products Retail Outlets Owners Association of Nigeria announced on Monday its support for sourcing petroleum products from multiple channels, including…
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Nigeria eyes 7% GDP growth beyond 2025 projection – Minister
The Minister of Finance, Wale Edun, has stated that the projected 2025 Gross Domestic Product growth rate of 4.6 per cent falls…
NNPCL, Dangote refinery in talks to renew naira-for-crude deal
The Nigerian National Petroleum Company Limited and Dangote Petroleum Refinery are actively negotiating a new naira-for-crude agreement, as the current six-month contract…
FG engages foreign nations to boost work opportunities for youths
The Minister of Budget and Economic Planning, Atiku Bagudu, stated that the Federal Government is collaborating with other countries to create remote…
Equity market begins week with ₦52bn surge
The Nigerian Exchange started the week strong, gaining N52.17 billion in market capitalization. The Nigerian Exchange saw increased market activity on Monday,…
74 Chinese firms interested in Nigeria’s oil sector – NUPRC
Approximately 74 Chinese companies have expressed interest in investing in Nigeria’s oil and gas sector, as part of a broader group of…
FIRS targets higher tax-to-GDP ratio with e-invoicing rollout
The Federal Inland Revenue Service is pushing for large tax consultants to adopt the electronic invoicing system, emphasizing its role in improving…
30 injured, jet fuel spills in tanker collision near England coast
Two ships on Monday collided off the eastern coast of England on Monday near the port of Grimsby involved the U.S.-flagged tanker…
NNPC halts naira-for-crude deal, impacting Dangote, others
The Nigerian National Petroleum Company Limited has suspended the naira-for-crude oil swap arrangement with domestic refiners, including the Dangote Refinery and other…
Fire incident at Aba power facility contained – Management
Geometric Power, an integrated power company said it has successfully contained a fire outbreak at its facility in Osisioma Industrial Layout, Aba,…
MTN, Airtel cut $1.2bn debt to reduce FX burden
MTN Nigeria Communications Plc and Airtel Africa have significantly reduced their foreign debt, repaying a total of $1.2 billion in 2024. This…
Blackout: US embassy reschedules visa applications in Lagos, Abuja
The United States Department of State has attributed the recent visa application challenges for Nigerians to a partial system outage and assured…