President Bola Tinubu and the Chief Executive Officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, have been commended for their transformative leadership and commitment to transparency in Nigeria’s oil and gas sector.

By Peter Egwuatu   In a move to woo global capital and enhance investor’s confidence, Nigeria’s top financial leaders presented a unified front at a strategic investment forum hosted at the Nasdaq MarketSite in New York.   The event, according to a statement from the Nigerian Exchange Plc, NGX Group,    was organized by the Central Bank of […]

•FG slams IoCs, others $197.7 million fine By Ediri Ejoh Despite Federal Government’s (FG) efforts, Nigeria lost 9,900 Gigawatts, GWh per hour of power generation potential in the first quarter of 2025, Q1’25. This represents a 16 percent increase, Quarter on Quarter, QoQ, when compared to 8,300 GWh, generation losses suffered in the corresponding period of […]

The Enugu State Government and the Lion Business Park Limited have sealed an investment deal with the signing of Novation Memorandum of Understanding (MOU) to develop a world-class industrial and commercial hub within the Enugu Industrial Park Free Trade Zone.

China and Nigeria, two continental giants that entered the late 1970s with similar per capita incomes, have since taken opposite economic trajectories. In China, the decisive moment was Deng Xiaoping’s 1978 decision to “open the windows” and let the world’s capital know-how to blow in. In Nigeria, the same decade ushered in the oil boom that […]