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Italy's highest court clears prosecutors in Eni, Shell Nigeria oilfield case

Nigeria, June 19 -- Italy's highest court on Thursday acquitted two Milan prosecutors accused of failing to disclose documents that could have strengthened the defence of Italian energy giant Eni in a... Read More


Nigeria secures 449,000 metric tonnes of fertiliser inputs to boost food security - Tinubu

Nigeria, June 19 -- President Bola Tinubu has announced that Nigeria has secured more than 449,000 metric tonnes of fertiliser inputs-equivalent to about nine million bags-to support agricultural prod... Read More


Shell appoints Nigerian country chair amid renewed investment drive

Nigeria, June 19 -- British energy giant Shell Plc has appointed Elohor Aiboni as its new Executive Vice President and Country Chair for Nigeria, following the departure of Marno de Jong after more th... Read More


NEC approves N83.2bn to tackle flooding, climate-related emergencies

Nigeria, June 19 -- The National Economic Council (NEC) has approved N83.2 billion for interventions to mitigate the impact of anticipated flooding and other climate-related emergencies across Nigeria... Read More


UK court acquits ex-petroleum minister Diezani Alison-Madueke of bribery charges.

Nigeria, June 17 -- Nigeria's former Minister of Petroleum Resources, Diezani Alison-Madueke, has been cleared of all bribery charges brought against her by British prosecutors after a jury at a Londo... Read More


INVESTIGATION: Toxic gas leaks threaten lives, livelihoods in Rivers community

Nigeria, June 15 -- In late 2025, residents of Bille, a riverine community in Rivers State, woke up to an unsettling sight and smell. From abandoned mono pumps and long-forgotten shallow wells, gas s... Read More


Oil prices tumble as US, Iran reach peace deal

Nigeria, June 15 -- Global crude oil prices recorded a steep decline on Monday following a peace agreement between the United States and Iran, bringing an end to more than two months of hostilities th... Read More


Tinubu speaks on power sector challenges, pledges reforms

Nigeria, June 12 -- President Bola Tinubu has defended his administration's economic and power sector reforms, saying access to reliable electricity remains a "democratic dividend" that every Nigerian... Read More


Nigeria surpasses OPEC oil quota as production hits 15-month high

Nigeria, June 11 -- Nigeria's crude oil production topped its Organisation of the Petroleum Exporting Countries (OPEC) quota in May, reaching its pinnacle in 15 months and cementing its position as Af... Read More


S&P Global flags food prices as potential driver of inflation across emerging markets

Nigeria, June 11 -- Rising food prices may soon top energy costs as the chief driver of inflation across emerging markets, with African economies likely to be worst hit, according to a new report by S... Read More