Tinubu approves N3.3trn for final settlement of power sector legacy debts
The payment plan for the final tranche of the outstanding legacy debts owed to electricity generation companies under the Presidential...
New tax laws: NRS takes over collection of mineral royalties
By Bassey Udo The Nigeria Revenue Service (NRS) will henceforth be in charge of the collection of all royalties payable...
Edun challenges NUPRC to mobilise industry to ramp up oil output to 2m barrels per day
By Bassey Udo With oil production currently at an average of 1.84 million barrels per day, Minister of Finance and...
Capital Goes Where Value Is Clear: Bayo Ojulari’s Bold One-Year Transformation of NNPC
By Kunle Odusola-Stevenson One year after his appointment on April 2, 2025, Bashir Bayo Ojulari has recast the trajectory of...
NUPRC-SeaSeis seismic data project and future of Nigeria’s oil and gas sector
By Akpandem James Recently, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) signed a three-year Petroleum Exploration Licence (PEL) agreement with...
Financial System Resilience: 33 banks meet revised minimum capital, as CBN realises ₦4.65tr. in fresh sector capital
By Bassey Udo After 24 months of pursuing the banking sector recapitalization agenda, the curtain fell on Tuesday as the...
Agenda 2063: Africa requires bold reforms to combat menace of illicit financial flows – Edun
By Bassey Udo Africa requires urgent and bold reforms to combat the menace of illicit financial flows, Minister of Finance...
Nigeria’s IST can serve as a model for Africa, says Chairman
By Bassey Udo The Investments and Securities Tribunal (IST) can serve as a model for emulation by other African countries,...
Output growth: Renaissance Africa Energy gives kudos to NUPRC reforms to drive gas production to 2.2bcf
By Bassey Udo The regulatory reforms by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has enhanced the drive to grow...
Afreximbank Underwrites $2.5bn in $4bn syndicated loan for Dangote Refinery
By Bassey Udo African Export-Import Bank (Afreximbank) says it has underwritten $2.5billion out of a $4billion senior syndicated term loan...