Energy

Stable Rules, Incentives Key to Harnessing Nigeria’s Gas for Industry – Shell MD

Nigeria can harness her gas resources for industrialisation if it achieves stable regulatory enforcement, fair pricing and infrastructure ownership models in the sector,...

Tinubu Confirms Reappointment of Omotayo as NIPSS DG

President Bola Tinubu has approved the renewal of Professor Ayo Omotayo’s appointment as Director-General of the National Institute for Policy and Strategic Studies...

INEC Begins Review of Political Party Guidelines Following Electoral Act 2026

The Independent National Electoral Commission (INEC) has commenced a comprehensive review of its 2022 Regulations and Guidelines for Political Parties to align them...

DSS Apprehends 26-Year-Old Over Benin Shooting Targeting Peter Obi

The Department of State Services (DSS) has arrested a 26-year-old man suspected of orchestrating the recent attempt on the life of 2023 Labour...

News

Tinubu Moves Uzoka-Anite to Budget Ministry, Nominates Oyedele

President Bola Ahmed Tinubu has nominated Mr Taiwo Oyedele as the minister of state for finance, replacing Dr Doris Uzoka-Anite. Uzoka-Anite will now...

Politics

APC Holds State Congress, Returns Ojelabi as Chairman

All Progressives Congress (APC) in Lagos State has returned Hon. Cornelius Ojelabi as chairman for another term. The party re-elected Ojelabi on consensus...

News

FG Halts NNPC’s 60% Deductions from Profit Oil Under PSCs

The Federal Government on Monday stopped the Nigerian National Petroleum Company (NNPC) Limited’s 60 per cent deductions from profit oil under Production Sharing...

News

Nigeria Police Council Clears Disu As IGP

The Nigeria Police Council on Monday unanimously ratified the appointment of Olatunji Rilwan Disu as the Inspector-General of Police, paving the way for...

Leadway Strengthens Creative Economy with Continued +234 Art Fair Partnership

Coronation Insurance to Play Leading Role at EnterpriseNGR Insurance Sector Transformation Consultative Forum 2026

SanlamAllianz Nigeria Reports ₦77bn Claims Payout, 33% Premium Growth in 2025

BusinessToday Conference to Host 300+ Participants, Unveils Speakers

Insurance Bonds to Play Key Role as NAICOM, BPP Seal Strategic MoU

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Energy

Stable Rules, Incentives Key to Harnessing Nigeria’s Gas for Industry – Shell MD

Nigeria can harness her gas resources for industrialisation if it achieves stable regulatory enforcement, fair pricing and infrastructure ownership models in the sector,...

Seplat Energy Revenue Jumps 144% to $2.7bn on Offshore Boost, Dividend Up by 52% in 2025

Seplat Energy PLC has reported a 144 per cent surge in revenue to $2.7 billion for the year ended December 31, 2025, driven...

Fuel Imports Set to End as Dangote Refinery Ramps Up Local Supply

Nigeria’s decades-long dependence on imported petrol is set to wind down as the Dangote Petroleum Refinery & Petrochemicals scales up production to meet...

FG Approves ₦2.8 Trillion Subsidy Debt to Power Generation Companies

President Bola Ahmed Tinubu has approved ₦2.8 trillion as the Federal Government’s verified electricity subsidy debt owed to power generation companies (GenCos), following...

NNPC Grows Profit to ₦5.76trn, Records ₦60.5trn Revenue

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced 6.67% growth  in Profit After Tax (PAT) in the 2025 financial year to...

Renaissance Africa Clinches Energy Deal of the Year Award for $2.4bn Shell Asset Acquisition

Renaissance Africa Energy Company was on Tuesday night named the winner of the Energy Deal of the Year for 2025 at the Awards...

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Veritas Kapital Projects ₦614.1m Profit in Q1 2026, Eyes Insurance Revenue of ₦6.01bn

BY KECHI NAECHE-ESEZOBOR—Veritas Kapital Assurance Plc has released its earnings forecast for the first quarter ended March 31, 2026, projecting solid profitability driven...

Standard Bank Closes USD 250 Million Strategic Financing for Aradel Energy

Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and The Standard Bank of South Africa Limited (together, “Standard Bank”) have successfully achieved financial...

NEM Insurance Forecasts ₦13.16 Billion PBT for Q1 2026

BY NKECHI NAECHE-ESEZOBOR—NEM Insurance Plc has projected a profit before tax of ₦13.16 billion for the first quarter of 2026, signaling continued strong...

Seplat Appoints Tony Elumelu as Non-Executive Director

BY NKECHI NAECHE-ESEZOBOR—Following the Company’s prior announcement regarding the sale of Etablissements Maurel et Prom SA (“M&P”) 20.07% shareholding in Seplat to a...

Ardova Plc Achieves ISO 27001 Certification, Reinforcing Commitment to Information Security

Ardova Plc, one of Nigeria’s leading integrated energy companies, has been awarded the prestigious ISO 27001:2022 Certification, the world’s leading standard for information...

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CBN Boosts Reserves with $3.5bn LBMA-Standard Gold Acquisition

BY NKECHI NAECHE -ESEZOBOR—The Central Bank of Nigeria (CBN) has strengthened its foreign reserves with the acquisition of $3.5 billion worth of gold...

Nigeria’s Central Bank Lowers Rate, Foreign Reserves Surge to $50bn

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s Central Bank of Nigeria has reduced its key interest rate to 26.5 percent, citing easing inflation and stronger banking sector...

MPC Reduces MPR by 50bps to 26.50%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to: Reduce the MPR by 50bps...

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Tinubu Confirms Reappointment of Omotayo as NIPSS DG

President Bola Tinubu has approved the renewal of Professor Ayo Omotayo’s appointment as Director-General of the National Institute for Policy and Strategic Studies...

INEC Begins Review of Political Party Guidelines Following Electoral Act 2026

The Independent National Electoral Commission (INEC) has commenced a comprehensive review of its 2022 Regulations and Guidelines for Political Parties to align them...

DSS Apprehends 26-Year-Old Over Benin Shooting Targeting Peter Obi

The Department of State Services (DSS) has arrested a 26-year-old man suspected of orchestrating the recent attempt on the life of 2023 Labour...

Tinubu Moves Uzoka-Anite to Budget Ministry, Nominates Oyedele

President Bola Ahmed Tinubu has nominated Mr Taiwo Oyedele as the minister of state for finance, replacing Dr Doris Uzoka-Anite. Uzoka-Anite will now...

APC Holds State Congress, Returns Ojelabi as Chairman

All Progressives Congress (APC) in Lagos State has returned Hon. Cornelius Ojelabi as chairman for another term. The party re-elected Ojelabi on consensus...

FG Halts NNPC’s 60% Deductions from Profit Oil Under PSCs

The Federal Government on Monday stopped the Nigerian National Petroleum Company (NNPC) Limited’s 60 per cent deductions from profit oil under Production Sharing...

Nigeria Police Council Clears Disu As IGP

The Nigeria Police Council on Monday unanimously ratified the appointment of Olatunji Rilwan Disu as the Inspector-General of Police, paving the way for...

Sanwo-Olu Pledges Deeper Collaboration with Chartered Institute of Directors Nigeria

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to strengthening corporate governance and leadership capacity through deeper collaboration...

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