FG targets additional 300,000bpd oil production with 2026 bid round
•Offers 37 blocks to investors, targets 500m barrels reserve addition Why 13 blocks returned to basket, NUPRC By Udeme Akpan & Obas Esiedesa The Federal Government yesterday said the ongoing 2025 Licensing Round is expected to deliver an additional 300,000 barrels per day (bpd) of crude oil and condensate production within three years Speaking at the […]
Why many Nigerians choose non-interest banking — Summit Bank CEO
Non-interest banking appears to be gaining momentum in Nigeria’s financial landscape. In this interview with Emeka Anaeto, Business Editor of Vanguard Newspaper, the Managing Director of Summit Bank Limited, Dr. Sirajo Salisu, gave insight into the operations in the sub-sector as well as what his organization is bringing to the table. Excerpts. Licensed in February 2025 and […]
Champion Breweries opens N42bn Public Offer at N16 per share
Champion Breweries Plc, has announced the official opening of its N42 billion Public Offer of ordinary shares at N16.00 per share
‘You don’t understand it,’ Oyedele flays KPMG over tax reform
“A significant proportion of the issues described as ‘errors,’ ‘gaps,’ or ‘omissions’ by KPMG are the firm’s own errors and invalid conclusions”
CBN forecasts petrol price at N950 per litre in 2026
By Udeme Akpan The Central Bank of Nigeria, CBN, said the price of Premium Motor Spirit, PMS, also known as petrol could rise to about N950 per litre in 2026. The Dangote Petroleum Refinery currently puts its gantry price at N699 per litre while the retail price at MRS Oil, authorized distributor stood at N739 per litre. […]
How policies, prices, floods shaped agriculture in 2025
Federal Government announced a temporary six-month ban on the export of raw shea nuts to encourage local processing and value addition
