Renaissance Africa targets 300 MMSCF/D gas output, unveils $15 billion investment plan in Niger Delta
Renaissance Africa Energy Company Limited has announced plans to increase its gas production capacity to 300 million standard cubic feet...
Naira gains for three straight days in official market but UK Pounds falls to N2,155
The naira appreciated to N1,583/$1 at the official foreign exchange market on Wednesday, strengthening slightly from N1,588.5/$1 recorded on Tuesday,...
PMS prices surge by 76.73% year-on-year in April 2025, South East residents paid N1,341.71 – NBS
The average retail price paid by consumers for Premium Motor Spirit (PMS), commonly known as petrol, rose to N1,239.33 in...
Naira appreciates to N1,625/$1 in parallel market, N1,588.50/$1 at official
The naira appreciated to N1,625/$1 in the parallel market on Tuesday, up slightly from N1,627/$1 recorded on Monday, according to...
Rising demand for gold, minerals fuelling corruption, instability in Africa, others – UN
The growing global demand for gold and other critical minerals is fueling crime, corruption, and instability across the mineral supply...
Global think-tank appoints former World Bank VP Ezekwesili as Advisor
Former Minister of Education and ex-Vice President for the World Bank's Africa Region, Dr. Obiageli Ezekwesili, has been appointed as...
CBN retains MPR at 27.5%, keeps CRR at 50%, liquidity ratio at 30%
The Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27.5%, following its latest...
Naira appreciates to N1,597/$1 in official market ahead of crucial MPC meeting
The naira appreciated marginally to N1,597/$1 on Monday at the official foreign exchange market, according to data published by the...
FG, Chinese auto giant BAIC explore battery swap technology to boost Nigeria’s clean energy agenda
The Federal Government has commenced discussions with China’s BAIC Motor Corporation Limited to explore the deployment of innovative battery swap...
Navy recovers 773,000 litres of crude oil, deactivates 468 illegal refineries in 2024 – Official
The Nigerian Navy has announced the deactivation of 468 illegal refinery sites and the arrest of 215 suspected oil thieves,...
