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Tinubu Grants Shell Unprecedented $11.50/bbl Tax Credit to Unlock $20 Billion Bonga Megaproject

In its most aggressive move yet to reverse a near two-decade drought in deep-offshore capital commitments, the Federal Government has approved a historic, production-linked...

Dangote Refinery Shields Nigerians from Global Fuel Price Shock – S&P

Dangote Petroleum Refinery & Petrochemicals continues to shield the Nigerian market from external price shocks, maintaining stable domestic fuel prices within a commercially acceptable...

Nigeria’s June Headline Inflation Eases to 15.91% as Core Price Pressure Relents

Nigeria's persistent battle with consumer price index (CPI) growth logged a modest victory last month as headline inflation ticked downward for the first time...

Dangote, Global Refiners Enjoy Profit Boom Amid Tight Markets and Supply Disruptions

The unglamorous, highly technical business of refining crude oil into everyday transportation fuels has emerged as the most profitable segment of the global energy...

UBA Builds Governance Premium to Anchor ₦33.17 Trillion Balance Sheet Amid Regulatory Shakeup

United Bank for Africa Plc (UBA) is deploying a comprehensive environmental, social, and governance (ESG) and corporate governance framework to anchor its ₦33.17 trillion...

Kenya Usurps Regional Hegemons, Nigeria, SA to Become Africa’s Second-Largest Arms Importer

...as Abuja Drops Off Regional Top Lists Amid Localized Spending Shift In a major geopolitical shakeup, Kenya has officially become the second-largest importer of major...

Dangote Refinery Abandons Naira Sales, Fixing Gantry Petrol Price at $0.779 Per Litre

In a structural shift that will fundamentally rewrite pricing mechanics across West Africa’s deregulated downstream market, the Dangote Petroleum Refinery has officially terminated its...

Nigeria Infrastructure Debt Fund Cracks Bond Curve with 18.23% Asset Yields

The Nigeria Infrastructure Debt Fund (NIDF) has maintained its unbroken record of quarterly cash distributions, demonstrating the high-yielding resilience of private infrastructure debt even...

President Tinubu to Launch Abuja’s ₦2.4 Trillion “City Walk” Gateway Megaproject

In a massive victory for Nigeria’s capital city modernization campaign, President Bola Ahmed Tinubu, GCFR, is set to officially unveil the Abuja City Walk...

Nigeria’s Oil Output Hits Six Year High of 1.56 Million bpd to Beat OPEC+ Quota by 4%

Nigeria's upstream petroleum recovery has hit a major milestone, with daily crude oil production surging to its highest level in over six years. The...

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