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NSIA, UK Firm Seal $500m Deal to Launch Mega Dairy Hub in Nigeria

NSIA, UK Firm Seal $500m Deal to Launch Mega Dairy Hub in Nigeria ‎Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority (NSIA), has entered into a landmark $500 million partnership with UK-based agribusiness investor Asset Green Limited to develop a large-scale dairy farming and...

Trump Denies Knowledge of Israel’s South Pars Strike as Oil Prices Surge

Trump Denies Knowledge of Israel’s South Pars Strike as Oil Prices Surge The President of the United States, Donald Trump, has said the U.S had no prior knowledge of Israel’s strike on Iran’s South Pars gas field, while also distancing Qatar from the incident. Trump disclosed...

NNPC Increases Crude Supply to Dangote Refinery Amid Oil Price Surge

NNPC Increases Crude Supply to Dangote Refinery Amid Oil Price Surge The Nigerian National Petroleum Company Limited has ramped up crude oil supply to the Dangote Petroleum Refinery in a bid to stabilise fuel availability nationwide, as global oil prices climb with Brent crude trading...

Imported Petrol Costs N94 Less Than Local Supply – Report

Imported Petrol Costs N94 Less Than Local Supply – Report Imported petrol is now significantly cheaper than locally supplied fuel, with its landing cost undercutting the domestic gantry price by N94.53, according to a report by the Major Energies Marketers Association of Nigeria. This came as...

Umahi Calls for Investigation into Road Contracts

Umahi Calls for Investigation into Road Contracts The Minister of Works, David Umahi, has called on anti-corruption agencies to investigate road projects under his ministry, saying the move is aimed at addressing allegations of corruption and ensuring transparency in the execution of federal infrastructure contracts. Umahi...

‎Oil Surges Near $110 as Israel, US Strike Iran’s South Pars Gas Field

‎Oil Surges Near $110 as Israel, US Strike Iran’s South Pars Gas Field‎ ‎Global oil prices jumped sharply on Wednesday after Israel, in coordination with the United States, struck Iran’s South Pars gas field, the world’s largest natural gas reserve, marking a major escalation in...