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ExxonMobil’s $1.5bn Bet on Nigeria: A Vote of Confidence in Oil Sector
Nigeria ExxonMobil’s $1.5bn Bet on Nigeria: A Vote of Confidence in Oil Sector
Nigeria News
1 min read
ExxonMobil plans to invest $1.5 billion in Nigeria's deepwater oil operations, focusing on revitalising the Usan oilfield. This move signals...
Inside the Foreign Goods Ban: A Bold Bet on Nigeria or a Heavy Blow for the Struggling?
Nigeria Inside the Foreign Goods Ban: A Bold Bet on Nigeria or a Heavy Blow for the Struggling?
Nigeria News
1 min read
As Nigeria enforces a sweeping ban on foreign goods, it raises both hope and alarm: hope for reviving local industries, and alarm over the...
Today’s Naira Rate [06-05-2025]: Parallel Market Improves to ₦1,600/$
Nigeria Today’s Naira Rate [06-05-2025]: Parallel Market Improves to ₦1,600/$
Nigeria News
1 min read
Nigeria’s naira appreciated to ₦1,600 per dollar in the parallel market, offering a modest respite amid ongoing currency volatility. Naira...
Data vs. Fantasy: Nigeria’s Rural Crisis Reveals the Price of Policy Blind Spots
Nigeria Data vs. Fantasy: Nigeria’s Rural Crisis Reveals the Price of Policy Blind Spots
Nigeria News
1 min read
A new World Bank report shows 75% of Nigerians in rural areas now live in poverty — a stark contrast to official narratives. The gap between data...
Brace for Impact: Adelabu’s Statement Signals Higher Electricity Tariffs Ahead
Nigeria Brace for Impact: Adelabu’s Statement Signals Higher Electricity Tariffs Ahead
Nigeria News
1 min read
Nigeria’s Power Minister, Adebayo Adelabu, has called for Nigerians to prepare for higher electricity tariffs, warning the economy can no longer...
Power Play Around Dangote Refinery Raises Big Questions for Nigeria
Nigeria Power Play Around Dangote Refinery Raises Big Questions for Nigeria
Nigeria News
1 min read
Aliko Dangote says his $20bn refinery is being stalled by forces who profit from Nigeria’s fuel dependency, a warning that reform may not be as...
FCCPC Fires Back: Meta Can Run, But It Can’t Hide from ₦220m Fine
Nigeria FCCPC Fires Back: Meta Can Run, But It Can’t Hide from ₦220m Fine
Nigeria News
1 min read
Meta may be planning a quiet exit from Nigeria, but regulators aren't letting it off the hook just yet. The FCCPC is making it clear: quitting...
NNPCL’s Price Drop Sends Ripples Through Fuel Market: Here’s What’s Next
Nigeria NNPCL’s Price Drop Sends Ripples Through Fuel Market: Here’s What’s Next
Nigeria News
1 min read
NNPCL has reduced the retail price of petrol by N20 to N910 per litre, marking the latest move in the ongoing ‘price war’ in Nigeria’s petroleum...
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