Economy
Nigeria Approves 28 New Oil Field Development Plans Worth 18.2 Billion Dollars in 2025
Nigeria approved 28 new Field Development Plans valued at 18.2 billion dollars in 2025, with an estimated reserve potential of 1.4 billion barrels,...
House of Representatives Launches Probe into Federal Air and Seaport Concessions
The House of Representatives on Tuesday inaugurated an ad-hoc committee to investigate and assess the performance and benefits accrued to the Federal Government...
Nigeria Hands Over Africa Energy Bank Headquarters to APPO in Abuja
Nigeria on Monday formally handed over the fully furnished headquarters of the Africa Energy Bank to the Association of African Petroleum Producing Countries,...
Jetour Launches G700 SUV in Nigeria with W Motors as Official Distributor
Chinese automobile brand Jetour has appointed W Motors as its official distributor in Nigeria in a move that marks a major expansion into...
World Cancer Day Polaris Bank Launches Nationwide Free Cancer Screening Initiative
Ahead of World Cancer Day marked on February 4 2026 Polaris Bank has reaffirmed its commitment to community health and social responsibility with...
UAE Targets Multibillion Dollar Investments in Nigeria Across Key Sectors
The United Arab Emirates has identified Nigeria as a major destination for multibillion dollar investments spanning agriculture technology infrastructure mining and trade as...
FG to Share Electricity Subsidy Costs Across All Tiers of Government from 2026
The Federal Government has announced a new framework that will end the practice of bearing electricity subsidy costs alone as the burden will...
Naira Gains Strength Against Dollar as January Closes on Positive Note
The naira ended January 2026 on a stronger footing after recording notable gains against the United States dollar in the official Nigerian foreign...
Historic Trade and Economic Initiatives Between UK and Ethiopia Signed
The United Kingdom and Ethiopia have signed a series of trade and economic agreements aimed at boosting investment energy transmission and job creation....
SpaceX Launches Falcon 9 with 25 Starlink Satellites
SpaceX has successfully launched a Falcon 9 rocket carrying 25 Starlink satellites into orbit marking another expansion of the company’s global broadband network....
