The Nigerian Upstream Petroleum Regulatory Commission has confirmed that Nigeria’s technical potential for crude oil production stands at 2.24 million barrels per...
The federal government is expected to receive fresh loans from the World Bank, totalling $2.2 billion in 2025. According to the Washington-based...
Importers of petroleum products have lamented the repeated reduction of petrol prices by the Dangote Petroleum Refinery, The PUNCH reports. Some of...
The recent statistics released by the Nigerian Communications Commission (NCC), showed an improvement in the growth of telecoms subscriptions, which reached 169,...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed the reason why International Oil Companies are finding it difficult...
Oil prices climbed for the first time in three days on Thursday, with supply worries resurfacing after U.S. President Donald Trump announced...
The Petroleum Retail Owners Association of Nigeria (PETROAN) has called on its members not to shut down their operations over the N100bn...
EQUITIES Bullish sentiments resurfaced in the domestic bourse as gains in FBNH (+1.7%) and NB (+4.2%) spurred a 2bps increase in the...
The latest GDP report from the Nigerian Bureau of Statistics (NBS) showed that Nigeria’s economy grew by 3.84% y/y in Q4-24, exceeding...
Owing to an elevated interest environment, recent data from the National Pension Commission (PenCom) revealed that PFAs’ asset allocation to money market...