Business

The Federal Housing Authority (FHA) has officially commenced construction of the Renewed Hope Housing Estate in Uyo, Akwa Ibom State, marking a major milestone in the Federal Government’s effort to...

Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has reaffirmed that the South-South region holds a central position in Nigeria’s quest to harness the full potential of its marine...

Oando Plc has disclosed that it has halted petrol importation into Nigeria, following the increasing supply of locally refined fuel from the Dangote Refinery, which has significantly reshaped the country’s...

The Chairman of the OPEC Board of Governors for 2025, Mr. Adeyemi-Bero, has urged Nigerian oil and gas stakeholders to prioritise domestic refining and value addition rather than continuing the...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced its intentions to acquire a 20 percent stake in the Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise, a move...

The Nigerian National Petroleum Company Limited (NNPCL) has reaffirmed its commitment to achieving a production target of two million barrels of crude oil per day (bpd) by the year 2027,...

Oil production among members of the Organisation of the Petroleum Exporting Countries (OPEC) has recorded a notable decline, with Nigeria, Libya, and Venezuela emerging as key laggards in meeting the...

Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has emphasized the urgent need for Africa to close existing capacity gaps within its Air Traffic Management (ATM) systems. He stressed...

Nigeria’s Excess Crude Account (ECA) has recorded a modest 13 per cent rise over the past two years, while the Stabilisation Account experienced a significantly sharper growth, more than tripling...

Turkish Airlines has finalised a major financing arrangement totaling 2.9 billion Chinese Yuan (approximately $412 million) secured through the Bank of China, marking a significant milestone in its ongoing expansion...