Business News
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247NNPCL, States Differ as North-East Oil Exploration Remains in Limbo
The Nigerian National Petroleum Company Limited and officials of the Gombe and Bauchi state governments have expressed divergent views over the seemingly...
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212Oil Extends Gains on Optimism Over Policy Support for Growth
Oil prices extended gains on Friday after closing at their highest in more than two months in the prior session, amid hopes...
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227NUPRC Launches Decarbonisation Policy to Enhance Energy Sustainability
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a policy aimed at accelerating decarbonisation and energy sustainability within Nigeria’s upstream oil...
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225Nigeria Exports ₦181.62b Electricity in 9 Months
Nigeria exported N181.62bn worth of electricity from January to September of 2024, analysis of data from the National Bureau of Statistics (NBS)...
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192NUPRC Sets 367.5mbbls Crude Production Target for Oil Firms in H1
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set a crude oil production target of 367.5 million barrels for oil firms operating...
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228RSA Holders Transfer ₦1.41tr in 16 Quarters –PenCom
Data from the National Pension Commission has shown that 312,771 Retirement Savings Account holders have moved about N1.41tn from one Pension Fund...
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213Oil Rises as Investors Return from Holidays, Eye China Recovery
Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed a recovery...
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249NNPC Announces Commencement of Production at Warri Refinery
The Nigerian National Petroleum Company Limited (NNPC) yesterday announced the restart of the 125,000 barrels per day (bpd) Warri Refinery and Petrochemical...
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255
NERC Transfers Regulatory Oversight to Ogun Electricity Commission
Nigerian Electricity Regulatory Commission (NERC) has transferred electricity regulatory authority to Ogun State Electricity Regulatory Commission (OGERC) in jurisdictions within the state....
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170
Oil Rises on Expanding Chinese Factory Activity, But Set to End Year Lower
Oil prices rose on Tuesday after data showed China’s manufacturing activity expanded in December, but they are on track to end lower...
