Industries

NUPRC Offers 40 Oil Blocks To Global Investors.NUPRC has revealed that it's offering 40 oil blocks to global investors

Solid Minerals Revenue Rises to ₦101bn. Nigeria’s revenue from solid minerals rose by 95.2 per cent to ₦101.11 billion in...

Oando Revenue Hits ₦2.78tn as Output Rises 14%. Oando PLC has reported revenue of ₦2.78 trillion for the first nine...

ExxonMobil Reports Stronger Third-Quarter Profit. ExxonMobil has reported stronger profits for the third quarter of 2026, as improved refining margins...

Nigeria’s Seven Modular Refineries Set for 2027. Nigeria’s petroleum refining sector could receive a boost in 2027, as seven new...

BUA Cement’s Profit Rises 60% to ₦463.1bn. BUA Cement Plc’s profit after tax rose to ₦463.1 billion in the first...

Nigeria Targets $1 Billion from Local Sugar Production. Nigeria aims to save about $1 billion in foreign exchange each year...

TotalEnergies Completes $800m Renaissance Oil Stake Sale. TotalEnergies has completed the sale of its 10% non-operated interest in Nigeria’s Renaissance...

Dangote Refinery Adopts AI to Boost Productivity. Dangote Petroleum Refinery is adopting a new artificial intelligence platform to improve productivity,...

Dangote Cement Shares Surge 10% Amid Otedola Reports. Dangote Cement shares surged by 10 per cent on Friday, October 23,...

Petrol Price Hike Looms As Crude Hits $115.Petrol price hike looms across Nigeria as crude hits $115 in international markets

NAPE Pushes Technology to Grow Nigeria’s Oil Reserves. The Nigerian Association of Petroleum Explorationists (NAPE) has urged oil and gas...

Top 15 Stocks Hit Record 46.7% of S&P 500 Value. The 15 largest companies in the S&P 500 now account...

Fitch Revises Outlooks for 9 Nigerian Banks. Fitch Ratings has revised the outlooks of nine Nigerian banks and two bank...

Shell Agrees to Sell Its Nigerian Gas Distribution Business. Shell has agreed to sell its domestic gas distribution business in...

Nigeria Imports Petrol Amid Dangote West Africa Exports.Nigeria imports petrol as Dangote Refinery exports crude to West Africa

NNPC Tightens Petrol Discount Scheme N4.6bn At Stake.NNPC has tightened petrol discount scheme with N4.6bn at stake

Dangote IPO Highlights Africa’s Investment Barriers. Nigeria’s Dangote Petroleum Refinery has opened its ownership to public investors in a share...

CBN Woos Asian Investors to Boost Capital Inflows. The Central Bank of Nigeria (CBN) is stepping up efforts to attract...

NNPC Cuts Customer Debts by N11.7tn. The Nigerian National Petroleum Company Limited (NNPC) has reduced the amount owed to it...