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MARKET WATCH: Staple food items Nigerians can no longer afford

Nigeria, Feb. 15 -- In recent years, the prices of major staple foods in Nigeria have risen significantly. The situation became more complex after President Bola Tinubu announced the end of fuel subs... Read More


Nigeria's electricity prices may increase as govt says subsidy no longer sustainable

Nigeria, Feb. 15 -- The Nigerian government on Wednesday said it has become very difficult to sustain subsidies on electricity in the country. Nigeria's Minister of Power, Adebayo Adelabu, disclosed ... Read More


Dangote refinery to export first fuel cargoes

Nigeria, Feb. 15 -- The 650,000 barrels per day Dangote Refinery has concluded plans to export its first fuel cargoes, according to a report. The refinery has issued tenders to sell two fuel cargoes ... Read More


Nigeria's crude oil production dropped in January - OPEC

Nigeria, Feb. 15 -- Nigeria's crude oil production dropped in January, data from the Organisation of Petroleum Exporting Countries (OPEC) has shown. Oil production from the 12 members of the organisa... Read More


Cardoso, Otedola, Obi, others mourn Wigwe, Ogunbanjo

Nigeria, Feb. 12 -- Many Nigerians have continued to express condolences to the family of Herbert Wigwe, Access Holdings Chief Executive Officer, who was involved in a helicopter crash in the United S... Read More


Atiku, Okonjo-Iweala, Keyamo, others mourn Wigwe, Ogunbanjo, others

Nigeria, Feb. 11 -- Many Nigerians on Saturday expressed condolences to the family of Herbert Wigwe, Access Holdings Chief Executive Officer, who was involved in a helicopter crash in the United State... Read More


TotalEnergies to exit Nigerian onshore oil business

Nigeria, Feb. 10 -- French oil major TotalEnergies has announced plans to sell its minority stake in a major Nigerian oil joint venture. The firm said it wants to divest its share of Shell Petroleum ... Read More


UPDATED: Glo, MTN resolve interconnect debt dispute

Nigeria, Feb. 9 -- The Nigerian Communications Commission (NCC) on Thursday announced that the interconnect debt dispute between MTN Nigeria Communications Plc (MTN) and Globacom Limited (Globacom) ha... Read More


Power Supply: Nigerian govt sets up committee to resolve gas shortage

Nigeria, Feb. 9 -- The Nigerian government has set up a ministerial committee towards resolving the challenges associated with gas supply to power-generating companies (GenCos) in the country. Bolaji... Read More


Nigerian govt to address cooking gas price

Nigeria, Feb. 7 -- The Nigerian government said Tuesday it will implement measures to significantly reduce the price of cooking gas in the country. Ekperikpe Ekpo, Minister of State for Petroleum Res... Read More