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Nigeria’s upstream oil and gas sector has attracted $18.2 billion in new investment commitments, unlocking up to 1.4 billion barrels of oil and 5.4 trillion cubic feet (TCF) of gas, the chief executive of the Nigerian Upstream Petroleum Regulatory Commission ...

The Federation Account Allocation Committee (FAAC), at its September 2025 meeting, chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, allocated N2.225 trillion to the three tiers of government as federation allocation for August ...

A new report conducted by Arion Research has shown that Nigerian businesses are adopting artificial intelligence (AI) at the highest rate globally. The report, ‘The AI Privacy Equation: The Nigerian Model of Responsible AI Adoption,’ shows that 94 per cent ...

Nigeria has emerged as a major participant and Africa’s undisputed cryptocurrency powerhouse. Findings suggest that this dominance is fueled by a potent combination of a vast, young, tech-savvy population and profound economic pressures, including currency volatility and inflation. For many ...

Northern states in the country have begun voter mobilisation as southern states continue to lead online pre-registration in the ongoing nationwide Continuous Voter Registration exercise. The PUNCH reports that Kano, Kaduna, Yobe, Zamfara, Sokoto and Ilorin, among others, are part ...

The Trade Union Congress has threatened to call a nationwide strike within two weeks if the Federal government fails to scrap the proposed five per cent tax on petroleum products. Also, the Organised Private Sector has rejected the move by ...

The Nigerian Exchange Ltd(NGX) has lifted the suspension on trading in Universal Insurance Plc’s shares. This development, which became effective on Wednesday, September 3, 2025, now enables shareholders to resume trading of the company’s shares on the NGX platform. The suspension ...

A subsidiary of Vitafoam Nigeria Plc, Vitapur Nigeria Limited, has restated its commitment to sustainable development in the manufacturing industry with the launch of its innovation hub that will produce ozone-friendly polyurethane for rigid foam manufacturing. This initiative, supported by ...

India Oil Corp has significantly sustained oil imports from Nigeria after skipping the purchase of U.S. oil in its latest tender. According to Reuters, which quoted trade sources on Friday, the company purchased 2 million barrels of Nigeria’s crude oil ...

…As NPWF organizes National Light Heavyweight Championship Title By our Correspondent A major contender at the Nigeria Professional Wrestling Federation (NPWF) for the National Light Heavyweight Championship Title, Misterio 619 said his opponent will face tough time in his hands ...