Nigeria’s Oil Output Climbs 4% to 1.737m bpd in January

Kehinde Fajobi Nigeria’s oil production, including condensate, rose by 4% in January 2025 to 1.737 million…

Algeria, Nigeria, Niger Sign Deals to Fast-Track Gas Pipeline

Officials from Algeria, Nigeria, and Niger have signed fresh agreements to accelerate the long-awaited Trans-Saharan Gas…

FG Moves to Digitize Ministry of Industry by December

The Federal Government has set an ambitious target to fully digitize the operations of the Ministry…

NRC, APM Terminals Relaunch Apapa-Ibadan Rail to Boost Logistics Efficiency

The Nigerian Railway Corporation (NRC) and APM Terminals Apapa have announced the relaunch of the Apapa-Ibadan…

CBN Ends Free ATM Withdrawals for Other Banks’ Customers

Kehinde Fajobi The Central Bank of Nigeria (CBN) has scrapped the three free monthly withdrawals previously…

Nigeria’s Third-Party Insurance Mandate: Reform or Revenue Scheme?

The enforcement of third-party motor insurance by the Nigeria Police Force (NPF) and other regulatory agencies…

Dangote Refinery Set for Full Capacity Operation in 30 Days

Kehinde Fajobi The 650,000 barrels-per-day Dangote Refinery could reach full capacity within 30 days, according to…

CBN Reschedules February 2025 MPC Meeting

The Central Bank of Nigeria (CBN) has officially rescheduled the 299th meeting of its Monetary Policy…

Stakeholders Reject New 4% Customs Import Levy, Warn of Inflation Risks

Kehinde Fajobi The Nigeria Customs Service’s (NCS) recent implementation of a four per cent charge on…

World Bank to Launch Capital Markets Initiative in Nigeria

The World Bank has announced plans to introduce its Joint Capital Markets Programme (J-CAP) in Nigeria,…