A Nigerian advocacy group has welcomed President Bola Tinubu’s approval of new incentives for a $20 billion deepwater project, describing it as a signal that...
Category - Business
ABUJA, Nigeria — President Bola Tinubu has launched a high-level task force to overhaul Nigeria’s petroleum sector, aiming to unlock up to $10bn (£7.8bn)...
Nigeria has recouped more than N6 trillion ($3.8bn) in less than a year following the controversial decision to deregulate its petroleum sector, according to...
Nigeria has been ranked as one of the top ten contributors to global economic growth for 2026, a move hailed by domestic supporters as a “new dawn”...
Segun Ojumu Nigeria has a “responsibility” to use its vast natural gas reserves to power Africa’s economic rise, the head of the state oil firm has...
The Nigerian government has distributed a staggering N1.969 trillion (£1bn; $1.2bn) in revenue between its federal, state, and local tiers, marking one of the...
The United States and Nigeria have vowed to deepen their economic ties, focusing on a major shift toward digital technology and agriculture to drive growth...
The Nigerian National Petroleum Company (NNPC) has announced a significant hydrocarbon discovery in the shallow waters of the western Niger Delta, boosting the...
Nigeria’s second-largest lender, Zenith Bank, has been cleared to enter the Kenyan market after regulators approved its 100% acquisition of the local firm...
Nigeria’s tax authorities have moved to calm public anxiety, insisting that Value Added Tax (VAT) is not being charged on the actual money people transfer...