In a direct response to recent U.S. actions, Beijing has unveiled new trade restrictions targeting a range of American companies. The move follows the Pentagon’s recent...
The Dangote Petroleum Refinery imported approximately 1.46 billion litres of intermediates and gasoline blendstock between January and May to supplement its crude oil processing and maximize...
The Nigerian Ports Authority, NPA, has disclosed that 24 ships are currently discharging petroleum products and other commodities at the Apapa, Lekki Deep Sea and Tin-Can...
In the first half of June 2026, Nigeria’s external reserves increased by more than $1 billion extending gains recorded in May and strengthening the country’s foreign...
A total sum of N2.300 trillion, being the May 2026 Federation Account Revenue, has been shared between the federal government, states, and the local government councils....
The International Monetary Fund (IMF) has projected that Nigeria will spend more than half of its government revenue on debt servicing in 2026, highlighting the growing...
…As Marno bows out after more than 6 years at the helm of Shell in Nigeria Former Managing Director Shell Nigeria Exploration and Production Company Limited...
The Central Bank of Nigeria (CBN) has directed banks, fintech companies and other payment service providers operating in the country to disclose their ultimate beneficial owners...
The Federal Government has denied media reports claiming it is considering new taxes on telecommunications services and petroleum products following the publication of the International Monetary...
An analysis of data from the Open Treasury Portal has revealed a massive disparity between approved capital allocations and actual cash releases for Nigeria’s road sector....