The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said it cannot fix petrol pump prices, but will step up surveillance against price-gouging and […]
Category: Economy
Meet CEOs of Nigeria’s biggest banks operating outside the country
Nigerian banks are becoming increasingly international, with their overseas subsidiaries now accounting for tens of trillions of naira in assets across key African and global […]
FirstBank CEO: Agriculture, exports critical to Nigeria’s economic diversification
Agriculture and exports remain critical to Nigeria’s efforts to diversify its economy and achieve sustainable economic growth, FirstBank Group Chief Executive Officer, Olusegun Alebiosu, has […]
Access Bank appoints ex-AfDB risk chief Ifedayo Orimoloye as Executive Director
Access Holdings Plc has announced the appointment of Mr. Ifedayo Olaniyi Orimoloye as Executive Director, Risk Management of its flagship subsidiary, Access Bank Plc, following […]
Nigeria’s gas exports earnings rise 4.2% to $6.22 billion in H1 2026
Nigeria’s gas export earnings rose 4.2% year-on-year to $6.22 billion in the first half of 2026, up from $5.97 billion in the same period in […]
Nigeria’s refined petroleum exports surge 148% YoY to $3.94 billion in Q2 2026
Nigeria’s refined petroleum product exports rose to $3.94 billion in the second quarter of 2026, up 148% from $1.59 billion recorded in the corresponding period […]
Dangote Refinery’s overlooked advantage could be its working-capital model
Dangote Refinery’s N525 public offer conversation has largely centered on valuation, its N2.5 trillion H1 2026 profit and whether those earnings can be sustained. But […]
NUPRC threatens revocation of non-performing oil licences, sets October 31 deadline
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned holders of non-performing oil licences that they risk losing their acreages if they fail to meet […]
Appeal Court reverses deregistration of Peter Obi’s NDC in 2-1 judgement
The Court of Appeal, Abuja, has reversed the judgment of the Federal High Court sitting in Lokoja, which set aside its earlier judgment directing the […]
Soludo promises compensation for residents affected by Nnobi demolition
The Anambra State Governor, Chukwuma Charles Soludo, has promised to compensate all persons whose residential buildings were demolished during the ongoing widening of Afor Nnobi […]