NDPHC Commits N500bn to Enhance Transmission Infrastructure   The Niger Delta Power Holding Company (NDPHC) has disclosed that it has invested over N500bn in transmission infrastructure across the country. The Managing Director/Chief Executive Officer of the company, Jennifer Adighije, stated this during...

Nigeria Secures Crude Deal with Turkish Refiner for March, April   Turkey’s largest oil refiner, Tupras, has placed orders for Nigerian crude oil cargoes scheduled for March and April, a move that could boost Nigeria’s revenue amid efforts to ramp up...

Dangote Foundation Provides N16bn Food Support to Abuja, Kogi   The Federal Capital Territory, Abuja, and the Kogi State Government have received food donations from the Aliko Dangote Foundation, as part of the N16bn Annual National Food Intervention programme launched last...

AfDB Warns of Disaster if US Tariffs Spark Retaliatiry Measures President of the African Development Bank Group (AfDB), Akinwummi Adesina, has warned African countries not to impose retaliatory tariffs against the United States’ Government, as such an action could only...

Nigeria's Crude Oil Reserves Now 37.28bn Barrels - NUPRC   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate, alongside an eye-popping 210.54 trillion...

FG Establishes Sub-Committee to Assess Impact of Trump Tariffs   The Federal Government is reviewing the possible effects of the unfolding international tariff regimes and shifts in global commodity prices. The Economic Management Team (EMT) chaired by the Minister of Finance and...