HomeNews

News

Nigeria Needs $22bn for Gas Pipelines Project – NNPC

Nigeria may need up to $22 billion in new investments to deliver planned gas pipeline projects under the Nigerian National Petroleum Company Limited’s (NNPC) Gas Master Plan 2026, unveiled
Read more

FG Moves to Reward Transparency with MOFI Excellence Awards

The Ministry of Finance Incorporated (MOFI) is set to announce the inaugural MOFI Excellence Awards, scheduled for Q2 2026.
Read more

Naira Gains Against Euro, Trades at N1,606/€1

The Nigerian naira strengthened against the euro during Thursday’s trading session, closing at N1,606/€1, up from Wednesday’s N1,644/€1, according to Central Bank of Nigeria (CBN) data.
Read more

NNPC Opens Talks with Chinese Firm to Revive Refineries

Nigeria’s refining sector may see new momentum as the Nigerian National Petroleum Company (NNPC) Limited begins talks with a major Chinese petrochemical firm to revive one of its state-owned refineries.
Read more

Nigeria Targets $1.5bn GDP Boost from Halal Market

Nigeria Targets $1.5bn GDP Boost from Halal Market President Bola Tinubu has launched Nigeria’s National Halal Economy Strategy, a policy designed to position the country within the $7.7 trillion global halal market and accelerate economic diversification. The initiative, unveiled at the Presidential Villa in Abuja by...
Read more

Nigeria Saves N6trn in 9 Months as Fuel Import Drops – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria saved over N6 trillion from reduced petroleum product imports in the first nine months of 2025 following the full deregulation of the downstream sector.
Read more