Business

The auditor general said the anomalies could be attributed to weaknesses in the internal control system at the NNPC Ltd.

On 27 October 2025, Justice Akaahs gave a verdict directing General Hydrocarbons to pay First Bank legal and arbitration costs.

According to NIBSS, the total value of such transactions surged to N284.99 trillion in the first quarter of 2025.

In a motion on notice filed at the Court of Appeal in Lagos on Friday, the appellants sought an order...

Justice D.E. Osiagor ruled that “there is no longer a subsisting ex parte order having spent 14 days of the...

Despite the court vacating the Mareva order, receiver/manager Sulu-Gambari says his mandate in Nestoil remains intact and unaffected.

Authorities said 13 individuals were treated on site for smoke inhalation.

Mr Adelabu said the synchronisation will enable the country to optimise generation costs, deepen industrialisation, strengthen regulatory oversight, and expand...

Two months after a stern warning over a Nigerian passenger detained in Doha, the NCAA imposes a financial penalty on...

IEI did not give a reason for Sogelola’s exit.

Emadeb E&P said it is now preparing for Phase 2 development to drill two additional wells that will triple production...

General Hydrocarbon had initiated arbitration after a breakdown in its financing relationship with First Bank.

“This week alone, about three policies were likely to be reversed… What signal are we sending when even the policies...

The food inflation rate in October 2025 stood at 13.12 per cent on a year-on-year basis.

Last Thursday, the Nigerian government said the implementation of a 15 per cent import duty on petrol and diesel, approved...

A market survey in Owerri, Imo State, shows that a basket of fresh tomatoes, sold for N40,000 last two months,...

The federal government, on 13 November, suspended the duty, a charge earlier approved by President Bola Ahmed Tinubu in October...

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your...

The total transaction value increased from $775.7 billion in 2020 to $1,980.6 billion in 2024.

The News Agency of Nigeria reports that the summit scheduled for 25 November to 27 November in Umuahia has the...

“Broad-based structural indicators are starting to improve following reform momentum that has been maintained since mid-2023,” S&P Global Ratings stated.

Mr Adedeji argued that Nigeria's path forward must combine stronger institutions, diversified revenue streams and mordern tax framework.

The UN official described climate finance as the “lifeblood of climate action,” and that it is the engine that “turns...

The training came at a time when accurate and responsible economic reporting is critical

Mr Komolafe emphasised that Nigeria’s oil and gas industry, while full of opportunities, faces several challenges that cannot be overlooked.