Industry & Money

FG Suspends Enforcement of New Internet Rules

The Federal Government has directed relevant regulatory agencies to suspend the implementation and enforcement of newly issued regulations, codes, guidelines and administrative...

227

NNPC Slashes Costs by $3.4b Amid Oil Production Surge

The Nigerian National Petroleum Company Limited has reduced its operating costs by $3.4bn through an aggressive contract restructuring and optimisation programme, in...

314

Nigeria, 8 Others Account for 83% of Global Gas Flaring worth $54b –World Bank

Nigeria has been listed among nine countries responsible for more than 83 per cent of global gas flaring in 2025. This is...

317

Oil Drifts Down after OPEC+ Agrees to Raise Output Targets

Oil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August ‌while exports from key producers...

406

BoI, Nigerian-Belgian Chamber Seal Trade Deal

Nigeria’s foremost Development Finance Institution (DFI), the Bank of Industry (BoI), has signed a landmark Memorandum of Understanding (MoU) with the Nigerian...

93

Maritime Projects get ₦286b FEC Approval

The Federal Executive Council (FEC), presided over by President Bola Ahmed Tinubu, has approved maritime infrastructure and safety projects worth about N286...

523

Textile Manufacturers Seek Stronger Trade Protection for Local Industry

The Nigeria Textile Manufacturers Association (NTMA) has renewed its call for stronger government measures to protect the country’s textile industry from excessive imports,...