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Former President Olusegun Obasanjo and Bayelsa State Governor Douye Diri have called for an increase in the 13 per cent derivation allocation to oil-producing states, arguing that the current arrangem...
A former Director-General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, has said Nigeria has the resources, market size and entrepreneurial capacity to become...
Tony Elumelu, Chairman of Heirs Holdings, has acquired an additional six million shares in Seplat Energy Plc valued at £53.2 million. According to a notification filed with the Nigerian Exchange Limit...
The Nigeria Inter-Bank Settlement System (NIBSS) has announced that its National Payment Stack (NPS) surpassed 100 million successful transactions last Friday, marking a significant milestone in the m...
Nigeria’s net foreign exchange inflow rose by 36.5 per cent year-on-year to $33.76 billion in the first five months of 2026, compared with $24.72 billion recorded during the corresponding period in 20...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has defended the Federal Government’s deregulation of the downstream petroleum sector, saying the average price of petrol in Ni...
President of Dangote Industries Limited, Aliko Dangote, has formally launched the Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals on the Nigerian Exchange. Dangote sounded the...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, is considering its next legal steps after a Federal High Court in Lagos temporarily restrained the regulator from shutting...
Technology expert and software solutions architect, Femi Bejide, has attributed Uber’s decision to withdraw from Nigeria partly to growing competition from rival ride-hailing platforms Bolt and inDriv...