Emmanuel Addeh

NACCIMA, Commerce Ministry Collaborate to Tackle Business Challenges, Enhance Investment Climate in Nigeria

NACCIMA has partnered with the Federal Ministry of commerce to enhance business competitiveness and economic growth in Nigeria.

5 days ago

Nigeria Becomes One of Africa’s Top Oil Producers with Highest Petrol Prices After Subsidy Removal

Nigeria's petrol prices are now ranked among the highest in Africa after subsidy removal, despite being a top oil producer.

5 days ago

Saipem Secures $1 Billion Contract for Shell’s Bonga North Deepwater Project in Nigeria

Saipem, with KOA Oil & Gas and AVEON Offshore, has secured a $1bn Shell contract for Nigeria's Bonga North Project.

5 days ago

Vandals Strike Shiroro-Katampe Transmission Line, Plunge Parts of FCT Into Darkness

Suspected vandals disrupted power in FCT by targeting the Shiroro-Katampe line, prompting swift TCN response.

7 days ago

Over 13 Million Nigerians to Benefit from $750m Renewable Energy Initiative, Minister Adelabu Says

FG has launched the $750m DARES programme, aimed at providing renewable energy to 13 million Nigerians, with World Bank support.

1 week ago

Nigeria Announces Over 170 CNG Vehicle Conversion Centres, Targets 500 by 2025

PCNGI has reported over 170 CNG vehicle conversion centres nationwide, targeting 200 by year-end and 500 by 2025.

1 week ago

Soludo: My Government Laying Foundation For Anambra to Become Africa’s Dubai, Silicon Valley

Governor Soludo has outlined plans for Anambra to become a hub for commerce, tech, and industrialisation in Africa.

1 week ago

Nigeria Developing 10,112 Housing Units Nationwide Under Renewed Hope Estates Programme

Housing Minister Dangiwa has confirmed 10,112 housing units are under construction across 14 sites, targeting economic growth and job creation.

2 weeks ago

NNPC Cuts Petrol Prices By N20/litre Amid Increased Domestic Refining Output

NNPC has reduced petrol price to N1,040 per litre in Abuja, reflecting a N20 drop following increased local refining.

2 weeks ago

Access Bank Targets South African Market with $159 Million Bidvest Bank Acquisition Deal

Access Bank has acquired Bidvest Bank to strengthen its South African presence and solidify its pan-African growth strategy.

2 weeks ago

NUPRC: Nigeria’s Crude Oil Production Reaches 1.485 Million BPD in November, Close to OPEC Target

Nigeria’s crude oil production in November has reached 1.485 million bpd, nearly meeting OPEC’s target of 1.5 million bpd.

2 weeks ago

NUPRC’s Komolafe Highlights Efforts in Fighting Corruption in Oil and Gas Sector

NUPRC’s Komolafe has highlighted efforts in fighting corruption, emphasising transparency and accountability in Nigeria's oil and gas sector.

3 weeks ago

Seplat Energy Finalises $800 Million ExxonMobil Asset Acquisition

Seplat Energy is set to finalise $800m deal to acquire ExxonMobil's Nigerian assets, doubling crude oil production to 120,000bpd.

3 weeks ago

OPEC Defers Oil Production Cuts To 2026, Maintains Nigeria’s 1.5m BPD Quota

OPEC has postponed production cuts to 2026, keeping Nigeria’s quota unchanged at 1.5m bpd amid weak demand and rising non-OPEC…

3 weeks ago

NNPC Confirms Old Port Harcourt Refinery Fully Operational, Dispelling Public Doubts

NNPC has insisted that the Old Port Harcourt Refinery is operational, producing 1.4m litres daily, contrary to public skepticism and…

3 weeks ago

PENGASSAN Confirms Port Harcourt Refinery Operational Amid Controversy Over Missing Reformer Unit

ENGASSAN has confirmed Port Harcourt refinery operational but lacks reformer unit crucial for direct petrol production, resorting to blending processes.

3 weeks ago

US President Biden Pardons Son, Hunter, Citing Political Motivation Behind Legal Troubles

President Joe Biden has granted a full pardon to his son, Hunter Biden, citing politically driven charges targeting his son.

4 weeks ago

Nigeria, France Sign MoU to Transform Solid Minerals Sector with Clean Energy Focus

Nigeria and France have signed an MoU aiming to promote sustainable mining, secure critical minerals, and advance environmental rehabilitation in…

4 weeks ago

TotalEnergies Eyes $750 Million Gas Project in Nigeria Amid Renewed Investment Drive

TotalEnergies has announced plans to greenlight a $750 million gas project in Nigeria next year, boosting hydrocarbon production investments.

4 weeks ago

PETROAN Announces NNPC Price Cut for Port Harcourt Refinery Petrol to N1,030/Litre

PETROAN has confirmed that NNPC reduced ex-depot petrol price at Port Harcourt Refinery from N1,045 to N1,030 per litre.

4 weeks ago