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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 ...

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 ...

Buoyed by increasing foreing exchange inflows into the country, Nigeria’s foreign exchange reserves has hit $41.046 billion as at August 20, 2025, according to latest data released by the Central Bank of Nigeria (CBN), the highest it has been since ...

The Nigeria Customs Service (NCS) on Monday announced the successful commencement of the pilot phase for processing Form M through the B’Odogwu (Unified Customs Management System) in all Commands of the Service. This initiative represents a step in the Service’s ...

Over 1,000 Small and Medium Enterprises (SMEs) are set to attend the 2025 Convergence Africa conference in Abuja on Thursday. The Convergence Africa (TCA), is a movement designed to empower entrepreneurs to dominate their industries by harnessing the power of ...

Chairman of Coscharis Group, Dr. Cosmas Maduka, has been awarded the Honorary Fellowship and Award of Credit Using Entrepreneur by the National Institute of Credit Administration (NICA) in recognition of his outstanding business leadership. The prestigious award was in recognition ...

DLM Securities, a subsidiary of DLM Capital Group, and market leader on the Nigerian Exchange Limited, has unveiled an innovative online trading portal designed to simplify financials and stock trading for investors. The online trading platform is designed to provide ...

Nigeria’s instant noodle brand, Indomie, in partnership with Multichoice, has announced the second edition of its reality show – Indomie Love Bowl. According to the company, the reality family game show returns to screens on February 1st, 2025. Speaking with ...

The Coca-Cola System in Nigeria, comprising Coca-Cola Nigeria Limited and its authorised bottler, Nigerian Bottling Company (NBC), has announced the commissioning of a Packaging Collection Hub in Apapa, Lagos. The facility, described by the company as a landmark initiative in ...

The increase followed frantic push by Mobile Network Operators (MNOs) and other stakeholders for the government to consider the inflation rates and give approval for upward adjustment of the tariff on data, calls and SMS messages. The MNOs argued that ...