Category: Economy

Chevron announces plan to relinquish interests in Hess Midstream and DJ Basin Crude Midstream Assets

        Chevron Corporation (NYSE: CVX) announced today that several of its subsidiaries have entered into a series of definitive agreements with...

World ​‌‌‍⁠‍‍⁠⁠‍​​⁠‍​​​‌‌​Bank upgrades Nigeria outlook, says reforms improving economy

    Upgrade   The World Bank has upgraded Nigeria’s economic outlook, citing improving macroeconomic management and reforms as growth strengthens across...

Nigeria’s crude production rises to 1.821m bpd reflecting improved upstream activities— FG

    ​‌‌‍⁠‍‍⁠⁠‍​​⁠​‍‌⁠⁠‌​ Senator Heineken  Lokpobiri Production   Sen. Heineken Lokpobiri, the Minister of State...

*AI, the next Colonialism: Where Will Nigeria be in Ten Years ?*

    Nigeria may be standing before one of the greatest economic opportunities, or one of the most expensive mistakes in our history.   The African...

Africa must turn MICE into a $1.3tn deal-making engine – Lai Mohammed

    MICE   Former Minister of Information and Culture, Alhaji Lai Mohammed, has urged African governments to transform MICE into a major deal-making...

Oil price rebounds to $107 per barrel

FG approves N185bn to clear legacy gas debts

    The Federal Government says the National Economic Council (NEC) has approved N185 billion to settle validated legacy debts owed to upstream gas producers....

Fire guts 21 shops at Kugbo Furniture Market, Abuja

…..NEMA responds       The National Emergency Management Agency (NEMA) Abuja Operations Office (AOO)says its Emergency Response and Ambulance Bay...

Equities market sheds N262bn on profit-taking

    Equities     The Nigerian equities market closed Friday’s trading session on a bearish note, as investors lost N262 billion amid profit-taking...

Tinubu Signs Appropriation (Amendment) (No.4) Bill, 2025, Extends Implementation to December 31, 2026

  President Bola Ahmed Tinubu has signed into law the Appropriation (Amendment) (No.4) Bill, 2025, extending the implementation period of the 2025 budget from...

$700bn Nigeria critical minerals deal will deepen economic ties, says U.S.

President Donald Trump of the United states   ​‌‌‍⁠‍‍⁠⁠‌⁠⁠​‍⁠‍‍​‌​   Ties   The United States says its new...