Despite Nigeria's oil sector's struggles with an inadequate crude supply to domestic refineries, the Independent Petroleum Producers Group (IPPG) has used the federal government to avoid compelling them to meet this need immediately.

Dr. Matthew Ibitoye, the president of the Nigerian Institution of Surveyors (NIS), is urging for a new mapping of the country to address insecurity issues.

Dangote Refinery, Tinubu Panel Agree On Sept Petrol Rollout   The Federal Government’s committee which was set up to ensure the implementation of crude oil sales to local refineries in naira has reached an agreement with the Dangote Petroleum Refinery for the rollout of Premium Motor...

Afreximbank Revenue Now $1.47bn   The gross income of the pan-African multilateral financial institution, African Export-Import Bank, has risen to $1.47bn in the first half of 2024, compared to $1.12bn at the close of 2023. This was disclosed in a statement following the release of its consolidated...

Nigeria-Germany Trade Volume Hit $3bn In 2023   The Consulate-General of the Federal Republic of Germany in Lagos, Weert Borner, has said that the trade volume between Nigeria and Germany rose to $3bn in 2023 with Nigeria benefiting more from the trade pact. He added that crude...

In Six Days, Equity Market Loses N1.6trn The Nigerian Stock Exchange extended its bearish trend to the sixth consecutive trading session, losing N1.6tn during this period. The All Share Index fell by 1.36 per cent, closing at 95,781.68 points, down from the previous close of 97,100.31...