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FG offers 30-day petrol discount through NNPC
Economy

FG offers 30-day petrol discount through NNPC

The Federal Government has announced a 30-day discount on petrol sold through Nigerian National Petroleum Company Limited filling stations, with public transport operators...

We’ll turn Nigeria to gas-powered industrial economy – FG
Economy

We’ll turn Nigeria to gas-powered industrial economy – FG

The Federal Government says it is committed to transforming Nigeria into a gas-powered industrial economy by harnessing the country’s vast natural gas resources...

Fuel imports: We’re ready for court cases, Dangote
Business

Fuel imports: We’re ready for court cases, Dangote

The President of Dangote Group, Aliko Dangote, has said his company is prepared to face legal action over the ongoing controversy surrounding fuel...

Honeywell to Support Dangote’s $16 Billion Kenyan Refinery Project
EconomyAfricaBusinessInfrastructure & Development

Honeywell to Support Dangote’s $16 Billion Kenyan Refinery Project

Honeywell Technologies has been selected by Nigerian industrialist Aliko Dangote to provide engineering services, technology licensing and equipment for a planned 700,000-barrel-per-day oil...

Court Jails Nine Crude Oil Thieves 10 Years Each in Akwa Ibom
NigeriaSecurity

Court Jails Nine Crude Oil Thieves 10 Years Each in Akwa Ibom

By Benson Daniel A Federal High Court sitting in Uyo, Akwa Ibom State, has sentenced nine men to 10 years in prison each...

Nigeria’s August Oil Output Rises 0.4% as Country Meets OPEC Quota for Fourth Month
NigeriaBusinessEconomy

Nigeria’s August Oil Output Rises 0.4% as Country Meets OPEC Quota for Fourth Month

By Benson Daniel Nigeria’s crude oil and condensate production increased marginally in August 2026, reaching an average of 1,677,777 barrels per day, as...

Nigeria Maintains 1.5 Million Barrels Daily Crude Output in August
NigeriaBusinessEconomy

Nigeria Maintains 1.5 Million Barrels Daily Crude Output in August

By Benson Daniel Nigeria produced an average of about 1.5 million barrels of crude oil per day in August 2026, maintaining production around...

Petrol Subsidy Return Could Cost Nigeria Nearly ₦20 Trillion Annually
NigeriaBusinessEconomy

Petrol Subsidy Return Could Cost Nigeria Nearly ₦20 Trillion Annually

By Benson Daniel Reintroducing a universal petrol subsidy could cost Nigeria nearly ₦20 trillion every year and place additional pressure on the country's...