Oando grows half year revenue to N2.1trn
Oando Plc has recorded a 20 per cent increase in revenue to N2.1 trillion for the half-year ended June 30, driven by higher crude oil production, improved operational efficiency and cost optimisation.
Nigeria’s oil output drops to 1.486m bpd in November- OPEC
By Udeme Akpan, Energy Editor The Organisation of Petroleum Exporting Countries, OPEC, has said that Nigeria’s oil output, excluding Condensate, dropped by 0.7 percent to 1.486 million barrels per day, bpd in November from 1.496 million bpd produced in October 2025. The Organisation does not consider Condensate, which Nigeria produces about 196,028 bpd, according to the Nigerian […]
Soludo commits to improving aviation infrastructure
…commissions protocol lounge at Chinua Achebe international airport In a move to enhance Anambra State’s aviation landscape, Governor Chukwuma Charles Soludo, has reaffirmed his administration’s commitment to improving aviation infrastructure across the state. Speaking at the commissioning of a new Protocol Lounge at Chinåa Achebe International Airport in Anambra State, Soludo said that it is part […]
CBN to create short code to fast-track complaint resolution
The Central Bank of Nigeria (CBN) yesterday said it is working with the Nigerian Communications Commission (NCC) to create an industry-wide short code that will allow consumers to communicate with their financial institutions anytime, anywhere, with or without internet access. The Director, Consumer Protection and Financial Inclusion Department, CBN, Dr. Aisha Isa-Olatinwo, disclosed this at a […]
Total pension fund assets rise 2.2% to N26. 6trn
…As PenCom goes tough on pension defaulters By Rosemary Iwunze The total pension fund assets under the Contributory Pension Scheme, CPS, increased by 2.2 per cent, month-on-month, MoM to N26.66 trillion in October 2025 from N26.09 trillion in September 2025. National Pension Commission, PenCom, disclosed this yesterday in the unaudited report on pension funds industry portfolio […]
Petrol supply from Dangote Refinery rises 38% to 23.5m litres daily
–Imports hit 52m litres per day By Obas Esiedesa, Abuja Domestic supply of Premium Motor Spirit (PMS), commonly known as petrol, rose by 37.7 percent in November 2025 to 23.52 million litres per day, up from 17.08 million litres per day in October, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The […]
