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Nigeria loses $226.7bn to 33-year Ogoni Oil shutdown — PINL

Nigeria has lost an estimated $226.734 billion in revenue following the suspension of crude oil production across 96 wells in Ogoniland over the past 33 years, according to figures cited by Pipeline Infrastructure Nigeria Limited (Pipeline Infrastructure Nigeria Limited).

2027: Governors’ endorsement of Tinubu won’t change anything — ADC Reps aspirant

The African Democratic Congress (African Democratic Congress) House of Representatives aspirant for Nnewi North, Nnewi South and Ekwusigo Federal Constituency in Anambra State, Ambassador Lotanna Ikebunwa, has dismissed recent endorsements of President Bola Ahmed Tinubu by state governors, describing them as politically insignificant.

Full list of 2026 FIFA World Cup stadiums

By Adegboyega Adeleye As the 2026 World Cup is set to take centre stage in a few months, anticipation for action has been steadily built across the globe, with this edition being one of a kind and the first tournament to be hosted across three nations—USA, Canada and Mexico. It is set to be held […]

Redmont Valnex Review 2026: Legit or Not?

Visit Redmont Valnex Platform Timing and precision are important in the fast-moving investment world because markets move quickly and opportunities disappear. This is where the Redmont Valnex app becomes relevant.  It is a cutting-edge investment platform that utilizes advanced artificial intelligence technology to guide everyday traders in navigating complex markets with ease. Whether you are […]

Dangote Sugar shareholders approve N500bn Rights Issue for strategic expansion

By Udeme Akpan Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand capital base, accelerate strategic initiatives, and aid its backward integration projects. The approval was given at the company’s 20th Annual General Meeting held yesterday in Lagos during which […]

NGX, BoI set to deepen SME financing drive

By Peter Egwuatu Nigerian Exchange Limited (NGX) and Bank of Industry (BoI) have reinforced efforts to integrate Small and Medium-sized enterprises (SMEs) into Nigeria’s formal capital market as part of a broader national engagement drive at a workshop held in Kano yesterday. This follows the inaugural edition held in Lagos last year, signalling a more structured […]

NDIC commences process to conclude the liquidation of 89 MFBs, PMB

By Babajide Komolafe The Nigeria Deposit Insurance Corporation, NDIC, has commenced moves to formally conclude the liquidation of 89 defunct Microfinance Banks, MFBs, and Primary Mortgage Banks, PMBs, whose operations were successfully transferred to new owners under its Purchase and Assumption, P&A, framework. In a statement signed by its Head of Communication and Public Affairs, Hawwau […]

Nigeria’s daily oil production rises 4.2% to 1.54mbpd — NUPRC

By Obas Esiedesa The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said that Nigeria’s oil production rose by 4.2 per cent to 1.546 million barrels per day (mbpd) in March 2026, compared to 1.483 mbpd recorded in February. In its oil production status report released yesterday, the Commission said crude oil production (excluding condensate) increased by […]

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