Business
CBN says Nigeria’s foreign reserves now at five-year high of $43bn
The Central Bank of Nigeria (CBN) has announced that the country’s foreign exchange (FX) reserves have climbed to a five-year...
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Nigeria’s Inflation Rate Falls to 18.02% In September, Sixth Consecutive Monthly Decline
Nigeria’s headline inflation rate dropped to 18.02 per cent in September 2025, representing a significant 2.1 percentage point decrease from...
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Over $400m investment commitments secured for solar panel assembly, production – Shettima
..assures that hard times will soon be over Vice President Kashim Ibrahim Shettima has assured Nigerians that their economic...
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Vehicle Manufacturers, Innoson, To Build CNG Plant In Bayelsa
From Kenechukwu Obiajuru, Yenagoa Nigerian vehicle manufacturers, Innoson Vehicles Manufcturing (IVM) Limited, has disclosed plans to establish a Compressed...
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Lagos residents groan as cooking gas price soars to N3,000 per Kg
The price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, has soared to an unprecedented level in Lagos,...
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NNPC increases petrol price to N992 per litre in Lagos, N955 in Abuja
The Nigerian National Petroleum Company (NNPC) Limited has increased petrol price to N992 per litre in Lagos, and N955 per...
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Reps mull new law to protect local refineries, grant first right to crude supply
…says $13bn investments in 2024 signal growing investor confidence …urges dialogue in refinery disputes Nigeia’s House of Representatives has...
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Tamrose Completes Repayment of $10m NCI Fund Loan, Plans Celebration Event
… Grows Fleet by 200% From Kenechukwu Obiajuru, Yenagoa Tamrose Limited, a leading oil and gas service company has...
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Nigeria’s oil output dropped to 1.58mbpd in September due to PENGASSAN’s strike – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria’s crude oil and condensate production fell to an average of 1.58...
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Marketers: No official increase in LPG price — some retailers exploiting scarcity
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says some retailers are exploiting a current supply shortage to hike...
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