The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the 2025 oil and gas licensing round is expected to add about 500 million barrels to Nigeria’s […]
Category: Business
Economic Boost- Nigeria’s reserves hit $52.52bn, triple global import cover benchmark
Nigeria’s economic buffers have received a significant boost as gross external reserves climbed to $52.52 billion as of July 17, 2026, a substantial increase from […]
Zenith Bank clinches dual honours at 2026 Euromoney Awards for Excellence; emerges Africa’s Best Bank & Nigeria’s Best Bank
Zenith Bank Plc has been named “Africa’s Best Bank” and “Nigeria’s Best Bank”, the latter for the second consecutive year, at the prestigious Euromoney Awards […]
Dangote Refinery ends naira fuel sales, fixes petrol ex-depot price at $0.779 per litre
Dangote Petroleum Refinery has fixed the ex-depot price of Premium Motor Spirit (petrol) at $0.779 per litre, unveiling a new pricing template that also raised […]
Finance Minister urges stronger ECOWAS tax cooperation to boost revenue mobilisation
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called for stronger regional collaboration to advance tax administration reforms, improve compliance […]
Nigeria Exceeds OPEC Crude Oil Quota, Hits 74-Month Production High
Nigeria exceeded its OPEC crude oil production quota in June 2026, producing an average of 1.56 million barrels of crude oil per day, or 104 […]
NNPC signs six strategic gas deals to boost industrialisation, energy security
The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed six strategic agreements with key industry partners in a move aimed at accelerating Nigeria’s gas-based […]
NDIC begins liquidation of 46 closed Microfinance Banks, moves to protect depositors
The Nigeria Deposit Insurance Corporation, NDIC, has been appointed as the official Liquidator of the 46 Microfinance Banks, MFBs, revoked by the Central Bank of […]
Zenith Bank rewards investors with ₦410.69bn dividend payout, Engr Mustapha Bello named new chairman
At the 35th Annual General Meeting (AGM) of Zenith Bank Plc, which took place on Tuesday, May 5, 2026, at the Civic Centre, Victoria Island, […]
NELFUND celebrates Jim Ovia’s Legacy as he retires from Zenith Bank Plc
The Nigerian Education Loan Fund, NELFUND, has congratulated Mr Jim Ovia on the occasion of his retirement as Founder and Group Chairman of Zenith Bank […]