Dangote Refinery Raises Petrol Price to ₦799/Litre, As MRS Adjusts Pump Rate to ₦839 Dangote Petroleum Refinery has increased the ex-gantry price of Premium Motor Spirit (petrol) from ₦699 to ₦799 per litre, triggering an upward adjustment in pump prices at partner retail outlets, including...

FG Begins Mapping Disputed Oil, Gas Wells to Resolve Ownership Claims The Federal Government has commenced the plotting of coordinates for disputed and newly drilled oil and gas wells as part of efforts to resolve long-standing ownership claims and ensure accurate attribution of petroleum assets...

Naira Appreciates Against Dollar Across Markets on Jan 26 The naira appreciated against the U.S. dollar on Monday, January 26, in both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded at ₦1,480/$1 for...

Africa struggled to attract Foreign Direct Investment (FDI) in 2025 as inflows fell by 38 percent, even as global FDI rebounded by 14 percent, according to preliminary estimates by the United Nations Conference on Trade and Development (UNCTAD).

How we’re Pushing Greenfield Projects to Improve Sugar Production – NSDC Boss   The Executive Secretary of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has explained his plan to bring as many greenfield projects as possible on board as part of efforts to increase...

Shell Signals Up to $20bn Investment in Nigeria ‎ ‎Shell Plc has indicated plans to invest up to $20 billion in Nigeria in the coming years, citing renewed confidence in the country’s oil and gas sector following policy reforms introduced by President Bola Ahmed Tinubu. ‎ ‎The indication...