London — Nigeria will increasingly turn to ​private investors at home and abroad to finance its next phase ‌of growth rather than relying on state borrowing, Finance Minister Taiwo Oyedele said on ...

Lagos — Nigerian billionaire Aliko Dangote said on Wednesday that his company had ​bought a 25% stake in Kenya ‌Pipeline Company to move petroleum products. Industrialist Dangote last month broke ...

The incident occurred on Monday, October 20, amid protests by Kula youths and community leaders over an unresolved oil spill in Kula River, alleged unpaid debts to local vendors and contractors, and ...

At least 10 persons are feared dead after a community boat capsized during a confrontation over the blockade of an offshore crude oil vessel in Kula Kingdom, Akuku-Toru Local Government Area of Rivers ...

Abuja — The Nigerian Content Development and Monitoring Board, NCDMB, has begun engaging industry stakeholders on implementing a study aimed at expanding local manufacturing of critical oil and gas ...

Lagos — Nigeria’s electricity sector is entering a new phase of financial and regulatory reform, with fresh rules requiring power distributors to commit more revenue to network upgrades, a ₦728.9 ...

Abuja — The Nigerian Content Development and Monitoring Board, NCDMB, and Dangote Petroleum Refinery and Petrochemicals Ltd are working towards a service-level agreement aimed at strengthening local ...

Lagos — The United Nations has warned that global warming will overshoot the 1.5°C limit set by the Paris Agreement, urging countries to cut greenhouse gas emissions by nearly 6 per cent annually to ...

Obi, in a statement titled “Celebrating Macroeconomic Stability Amidst Increasing Poverty,” argued that improved economic growth and revenue generation should not be treated as proof that living ...

Abuja — Nigeria recorded a 24.8 per cent increase in cargo throughput in 2025, as the Nigerian Ports Authority, NPA, advances digital reforms aimed at reducing port delays, improving revenue ...

• The “Take-or-Pay” Mentality: The crux of the issue is EKEDC’s apparent expectation of a baseline revenue from every connected property. By demanding a massive sum for “slow consumption,” EKEDC may ...

Windhoek — Namibia’s Petroleum Amendment Bill cleared its second reading in parliament late on Tuesday, a week after opposition lawmakers walked out of ​the debate over its current form.