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The Rural Electrification Agency (REA) and Mente Energy Limited have signed a Memorandum of Understanding (MoU), formally launch the Renewable Energy Localisation and Industrialisation Programme (RELIP). The programme is designed to structure Nigeria’s renewable energy market to catalyse investment, generate ...

Nigeria is set to host the African Union’s (AU) African Monetary Institute (AMI), as preparations intensify for the institute’s planned take-off in September 2026. The institute is part of measures to push for monetary cooperation, financial integration and single currency ...

The Lagos Chamber of Commerce and Industry (LCCI), said the resurgence of inflationary pressures underscores the need for urgent, targeted, and sustained policy responses. The Chamber stressed that addressing structural drivers in energy, food systems, logistics, and foreign exchange will ...

Nigeria’s combined oil and condensate production averaged 1.546 million barrels per day (mbpd) in March 2026, up 4.2 per cent from 1.483 mbpd in February, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reported. The month saw production peak at 1.84 ...

The Industrial Training Fund (ITF), in collaboration with the Cement Technology Institute of Nigeria (CTIN), have concluded arrangements to launch a landmark skills development programme aimed at training and upskilling 100,000 artisans in Nigeria’s construction sector. The programme that will ...

Amid Middle-East Tensions that have made Aviation fuel also known as Jet-A1 experience over 300 per cent surge in price, domestic airlines under the umbrella of the Airlines Operators of Nigeria (AON) have issued a warning of a possible nationwide ...

Ecobank Transnational Incorporated (ETI) has reported a pre-tax profit of N801 million for the 2025 financial year, reflecting sustained revenue generation from its diversified operations across sub-Saharan Africa. The Group in its 2025 audited results for the year ended December ...

Seplat Energy Plc’s milestone of trading above N10,000 per share, has been directly linked to the strategic investment by Tony Elumelu’s Heirs Energies. Seplat Energy become the first company in the 65-year history of the Nigerian Exchange (NGX) to cross ...

The Senate, on Wednesday, through its Committee on Public Accounts, set April 29 as the deadline for the management of the Nigerian National Petroleum Company Limited (NNPCL) to appear before it and account for the yet-to-be-explained N210 trillion contained in ...

Nigeria’s total public debt increased by N14.61 trillion in 2025, rising to N159.28 trillion as of December 31, according to the latest provisional data released by the Debt Management Office (DMO) on Wednesday. The figure represents a 10.1 percent year-on-year ...