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World Economic Forum Postpones S’Arabia Meeting Amid M’East Tensions

The World Economic Forum (WEF) has postponed its upcoming Global Collaboration and Growth Meeting in Jeddah, citing escalating regional tensions linked to the Iran conflict.

NNPC Targets Additional 100,000bpd as Nigeria Moves to Boost Oil Output

Nigeria is ramping up efforts to strengthen crude oil production, with the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), Bashir Bayo Ojulari, projecting an incremental increase of about 100,000 barrels per day (bpd) in the coming months.

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World Economic Forum Postpones S’Arabia Meeting Amid M’East Tensions

The World Economic Forum (WEF) has postponed its upcoming Global Collaboration and Growth Meeting in Jeddah, citing escalating regional tensions linked to the Iran conflict.

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Operators Warn of Collapse if Aviation Fuel Hits N3,000

Nigeria’s airlines are bracing for a sharp rise in airfares after the cost of aviation fuel (Jet A1) surged by more than 100%, driven by the Middle East crisis that has disrupted global crude oil supply.

FX Trades Push FMDQ Turnover to N60.77trn

Nigeria’s financial markets opened 2026 with strong momentum as FMDQ Group recorded a total turnover of ₦60.77tn in January, driven largely by foreign exchange activity.

NLC Demands Merger of Petroleum, Power Ministries

The Nigeria Labour Congress (NLC) has rejected the Federal Government’s proposed ₦6tn bailout for power generation companies (GenCos), calling it a short-term fix that fails to address Nigeria’s chronic electricity crisis.

Doris ‎Uzoka-Anite: Of a Performing Minister Tinubu Finds Versatile, by Ibrahim Happiness

‎In Nigerian politics, ministers are appointed, reshuffled, and sometimes quietly removed. That is normal. What is not normal is for a cabinet member to move across three major economic portfolios within less than two years, without leaving the Federal Executive Council. Dr. Doris Uzoka-Anite has done precisely that.

Dangote Raises Petrol Price to N1,245/Litre

The Dangote Petroleum Refinery has announced a fresh increase in petrol prices, raising Premium Motor Spirit (PMS) from ₦1,175 to ₦1,245 per litre, effective midnight, March 21, 2026.

FG Pushes $20bn Nigeria-Europe Gas Pipeline Plan

The Federal Government has advanced plans for a $20bn transcontinental gas pipeline designed to deliver Nigeria’s natural gas to European markets.

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