Concerns as NNPC subsidiaries’ debt profile hits N30 trillion mark It is no longer a secret that Nigeria is at a crossroads with its energy sector. Just when we were hoping for some breathing space, the latest financial reports from…
The Nigerian National Petroleum Company Limited (NNPCL) has once again reduced the pump price of Premium Motor Spirit (PMS). Join our WhatsApp community A correspondent who monitored fuel sales across Abuja on Monday morning observed that NNPCL retail outlets have…
Fidelity Bank Appoints Amaka Onwughalu as New Board Chairman Replacing Mr. Chike Obi with Effect from January 1, 2026 Join our WhatsApp community Fidelity Bank appoints Amaka Onwughalu as the new board chairman following the completion of the tenure of…
New Year’s Eve tragedy as fire razes electronics shops in Lagos Join our WhatsApp community The transition into the new year is typically a period of high hopes and spiritual thanksgiving for many Lagosians. While thousands were gathered in churches…
SEC Nigeria 2026 capital market agenda As we usher in the first few days of 2026, the mood in the Nigerian financial sector is one of cautious optimism and strategic planning. The Securities and Exchange Commission, popularly known as the…
The Nigerian naira on Wednesday closed 2025 stronger against the US dollar, trading at N1,435.75 at the official foreign exchange market. According to figures from the Central Bank of Nigeria, Naira increased by N9.93 at year’s conclusion, indicating ongoing resilience.…
NNPC Limited announces N502bn profit and drops petrol price below N800 Join our WhatsApp group It is no secret that the cost of living in Nigeria has been biting hard lately, with the price of fuel being the chief driver…
NNPC Opens Bidding Process to Sell Stakes in Major Oil and Gas Assets Join our WhatsApp group Following the ongoing transition of the Nigerian National Petroleum Company Limited into a commercially driven energy company, the NNPC has officially opened a…
Anambra and Zamfara lead the way as states align with national tax reforms As the 2025 calendar year winds down, a quiet but powerful revolution is taking place in the corridors of power across Nigeria. Two states from different ends…
Femi Otedola, billionaire businessman, has sold his majority stake in Geregu Power Plc for N1.088 trillion in a deal financed by a consortium of banks led by Zenith Bank Plc. On Monday, the Nigerian Exchange (NGX) confirmed the deal. Amperion…
Allen Onyema, Air Peace Chairman and CEO, has warned that Domestic Flights could cost up to N1 million naira in January 2026 Join our WhatsApp group Allen Onyema, Air Peace Chairman and Chief Executive Officer (CEO), has hinted at the…
Tinubu cancels NNPCL legacy debts of $1.42bn and N5.57tn Join our WhatsApp group The financial air in Abuja is buzzing today following a massive executive decision that seeks to redraw the map of Nigeria’s oil and gas economy. President Bola…
Starlink hits 9 million global users amid rapid growth in Nigeria As we wrap up the year 2025, the global internet landscape is witnessing a seismic shift led by SpaceX’s Starlink. The satellite internet service has officially crossed the nine…
ISWAP Sokoto US air strikes Questions trail focus of US air strikes The confirmation of a major ISWAP logistics hub in Sokoto state has sent ripples through the Nigerian security community, especially as it coincides with a new era of…
Nigeria 2024 2025 budget re-enactment The decision of the House of Representatives to re-enact the 2024 and 2025 budgets is a move designed to bring sanity to Nigeria’s fiscal calendar and ensure that the government stops running multiple budget cycles…
