The Nigerian National Petroleum Company Limited (NNPC Ltd.) has expressed concern over the prolonged delay in the exploitation of the…
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Nigeria Targets $4.5bn in Oil Savings as Production Rises by 400,000 Barrels Per Day
Nigeria is set to achieve $4.5 billion in savings as oil production records a significant boost of 400,000 barrels per…
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Airtime Loans Fuel Telcos’ Billion-Naira Boom Amid Soaring Demand
What began as a convenience service for low-income and low-balance mobile users has quietly transformed into a multi-billion naira revenue…
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After ₦21bn Spent, FG Allocates Massive ₦3.87trn for Third Mainland Bridge Repairs
The allocation, contained in the detailed breakdown of the newly approved budget by the Ministry of Works, has raised eyebrows…
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U.S. Producer Prices Surge in July as Tariffs Drive Up Costs
According to data released Thursday by the Labor Department, the Producer Price Index (PPI) — which measures the average change…
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Federal Government Moves to Settle N4 Trillion Debt Owed Power Generating Companies Finance Minister
The Federal Government has initiated concrete steps to address the longstanding N4 trillion debt owed to power generation companies (GenCos),…
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FIRS Surpasses 2025 Oil Revenue Target Ahead of Schedule, Cites Stability in Niger Delta
The Federal Inland Revenue Service (FIRS) has announced it has already surpassed its 2025 oil revenue target months ahead of…
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Federal Government Set to Approve $60bn Chinese-Funded Bullet Train Project
The Nigerian Federal Government is on the brink of approving a groundbreaking $60 billion high-speed rail project funded by China,…
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Cornerstone Insurance Posts Triple-Digit Profit Growth in Q2, Signals Strong Recovery
Cornerstone Insurance Plc has reported a remarkable 253% surge in profit for the second quarter of 2025, marking one of…
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Tragic Car Race Over ₦30,000 Ends in Fatal Crash, Claims Five Lives in Ogun
A late-night car race reportedly organized over a ₦30,000 cash bet has ended in tragedy, leaving five people dead in…
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