Experts hail Komolafe as NUPRC revenue hits N8.79trn in 10 months

Three prominent policy analysts and energy-sector experts have praised the leadership of Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), following new...

FG warns IOCs: Fast-Track field development or step aside

Business4 months ago

FG warns IOCs: Fast-Track field development or step aside

By Obas Esiedesa The Federal Government has issued a strong warning to international oil companies (IOCs) and other operators in the petroleum industry, insisting that only those ready...

13th GAH Awards: Wema unveils black card ahead business summit

Business4 months ago

13th GAH Awards: Wema unveils black card ahead business summit

Wema Bank has launched the GAH Elite Club Black Card in preparation for the 13th GAH Awards and Business Summit, described as a key step in...

Cost of a Healthy Diet rises 27% to N1,611/day

Business4 months ago

Cost of a Healthy Diet rises 27% to N1,611/day

By Elizabeth Adegbesan The Cost of a Healthy Diet (CoHD) rose by 27.3 percent year-on-year, YoY, to N1,611 per adult per day in July 2025 from N1,265...

Finding alternative solutions to resolving midstream challenges

Business4 months ago

Finding alternative solutions to resolving midstream challenges

Illegal refining and pipeline vandalisation are two of major challenges confronting Nigeria’s midstream oil sector. JOHN OFIKHENUA reports that the Federal Government might have found a...

Business4 months ago

Nigeria records 3.98% GDP growth in Q3’25

•As non-oil sector contributes 96% By Elizabeth Adegbesan Nigeria has recorded growth at 3.98% in its Gross Domestic Year-on-Year (YoY). It went up significantly to 4.23% in...

TY logistics park unveils plan to fix Nigeria’s .7bn logistics drain

Business4 months ago

TY logistics park unveils plan to fix Nigeria’s $1.7bn logistics drain

Nigeria’s logistics sector, long burdened by high costs and inefficient systems, may be on the brink of a turnaround as TY Logistics Park, a new Grade-A...

Business4 months ago

Bid round: FG offers 50 oil blocks, targets $10bn investments

By Obas Esiedesa, Abuja The Federal Government, yesterday, unveiled 50 oil and gas blocks for bidding, targeting about $10 billion in fresh investments and an additional 400,000...

BoI, NCDMB finalise 0m NCIF investment scheme

Business4 months ago

BoI, NCDMB finalise $100m NCIF investment scheme

The Bank of Industry (BoI) and the Nigeria Content Monitoring and Development Board (NCDMB) have signed a Memorandum of Understanding (MoU) on $100 million Nigerian Content...

FCMB named Nigeria’s ‘Best SME-focused Bank’

Business4 months ago

FCMB named Nigeria’s ‘Best SME-focused Bank’

First City Monument Bank (FCMB) has been named Nigeria’s ‘Best SME focused Bank’ for 2025 by the Chartered Institute of Bankers of Nigeria (CIBN). This recognition comes...