Nigeria’s three-month petrol imports jump 45% to N2.63trn
Nigeria, Africa’s top oil producer, spent 45 percent more on the importation of petrol in the first three months of
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Naira pares gains as weekly forex liquidity loses 33%
The Nigerian currency lost some of its recent gains against the dollar this week as liquidity in the official foreign
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Tinubu’s government risks repeating past mistakes: Capital Economics
The President Bola Tinubu-led government is at risk of repeating previous mistakes made by his successor as the country’s fiscal
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Norrenberger Advisory Partners moves to buy out IEI’s minority shareholders
Norrenberger Advisory Partners Limited (NAPL) is on course to buy out minority shareholders of International Energy Insurance Plc (IEI). The
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Savannah Energy plans to double production after SIPEC acquisition
Savannah Energy Plc, a British independent energy company, is planning to increase production from the Stubb Creek oil and gas
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Nigerian banks boost buffers against potential bad loans
Nigeria’s biggest banks boosted provisioning against potential loan quality deterioration, even as high foreign-exchange gains and interest income drive drove
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Oando contributes $500m in NNPC-Afreximbank oil-backed loan deal
Oando Plc, a Nigerian energy group, has said it was party to the successful closure of the $925 million facility
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Nigeria aims to cut stakes in refineries by 2026
Nigeria, Africa’s top oil producer, is looking to reduce its stakes in state-owned refineries in two years’ time. The refineries,
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Nigeria’s GDP could gain $35bn from global malaria fight – Report
The GDP of Nigeria could rise by $35 billion if the UN target to significantly reduce malaria by 2030 is met –
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Africa’s remittance market seen reaching $500bn by 2035
The remittance market in Africa could be worth $500 billion by 2035, with mobile money seen as a game-changer in
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