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Nigeria Secures $747 Million Loan to Kick‑Start Lagos–Calabar Coastal Highway

In a significant move to overhaul its transportation infrastructure, Nigeria...

Nigeria Boosts Gas Production in May 2025, But Domestic Supply Slides Again

In May 2025, Nigeria recorded a modest rise in natural...

Visa Names Aminata Kane Senior Vice President and Head of Western & Central Africa

Visa has selected Aminata Kane as Senior Vice President and...

Aliko Dangote to Retire as Chairman of Dangote Sugar Refinery on June 16, 2025

Senator Aliko Dangote, a leading figure in Africa’s business scene,...

Nigeria’s Petrol Import Bill Plunges 54% in Q1 2025 as Domestic Supply Grows

In the first quarter of 2025, Nigeria achieved a dramatic...

Nigeria Advances Restart of Oil Operations in Ogoniland After Shell Exit

In a bold move aimed at reviving crude oil output...

Nigeria’s Local Firms Drive Historic Shift in Oil Ownership

In a dramatic evolution of Nigeria’s energy sector, local companies...

ExxonMobil Commits $1.5 Billion to Deepwater Oil Revival in Nigeria

In a landmark move, ExxonMobil has announced plans to inject...

UK and Nigeria Launch Creative Industries Technical Working Group

In March 2025, the United Kingdom and Nigeria inaugurated the...

MTN Nigeria Posts Massive ₦400 Billion Loss as Naira Collapse Hits Hard

MTN Nigeria delivered robust service performance in 2024. Its service...

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