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Dangote Refinery claims credit for fuel pump price drop cuts
Dangote Petroleum Refinery has pushed back against reports suggesting that the recent drop in petrol pump prices was driven by a Federal Government decision to halt the 15 percent import tariff. The company said the claim misleads the public and…
Ratings upgrade: Fiscal rascality still threatens Nigeria’s economy
Sopuruchi Onwuka Nigeria is earning new confidence from global rating agencies as President Bola Tinubu’s economic overhaul begins to show early traction. Yet the country’s rising debt load and persistent fiscal gaps continue to test how far these reforms can…
NLNG clinches third FIRS Most Compliant Taxpayer award
NLNG has again been named the Most Compliant Taxpayer in corporate Nigeria by the Federal Inland Revenue Service. The recognition, issued under the FIRS Compliant Taxpayer Award and Recognition Program, highlights organizations that consistently meet their tax obligations with diligence…
Russia’s oil price plummets to $36 per barrel
The price of Russia’s flagship Urals crude at the Black Sea plunged to as low as $36.61 per barrel at the end of last week, the lowest in nearly three years, as the U.S. sanctions on the two biggest Russian…
Seplat Energy empowers 25 journalists at media workshop in Imo State
Seplat Energy Plc has reaffirmed its commitment to transparency, accountability, and national development by strengthening its partnerships with the media and supporting journalists as they navigate the fast-changing digital landscape. Speaking at a two-day capacity-building workshop for journalists in Imo…
Will dom refining boost or burst our struggling economy?
Sopuruchi Onwuka Propositions and actual projects that portend over 3.0 million barrels per day of local refining capacity may raise serious challenges to the nation’s fiscal and economic stability, given that the emerging refining boom may impose acute foreign exchange…
The Alternative Bank named Most Innovative Bank at AICIF 2025
The Alternative Bank (‘AltBank’) has been honored as the ‘Innovative Bank of the Year’ at the 7th African International Conference on Islamic Finance (AICIF), underscoring its commitment to transformative, inclusive financial solutions across the continent. The award, presented recently, at…
Shell sweeps laurels at 43rd NAPE conference
Shell Companies in Nigeria (SCiN) were rewarded for their robust participation at the 43rd International Conference and Exhibition of the Nigeria Association of Petroleum Explorationists (NAPE) with corporate and individual awards at a dinner Thursday night which rounded off the…
SNEPCo’s Ronald Adams inducted NSChE Fellow
The Nigerian Society of Chemical Engineers (NSChE) at the weekend inducted the Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Ronald Adams and 19 others as Fellows for outstanding contributions to the profession. They were accorded the…
Ethiopia secured hosting right for UN’s 2027 Climate Summit
Turkey, Australia dispute over hosting COP31 Ethiopia is poised to host COP32 in 2027, positioning the country to play a central role in shaping global climate discussions at a time when Africa’s climate vulnerabilities are under growing scrutiny. While the…
