A surge in oil prices driven by the Middle East conflict is set to deliver a major earnings boost for energy giant Shell plc, even as the crisis disrupts its
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Nigeria’s small business sector could be on the brink of a major funding shake-up, as the Central Bank of Nigeria (CBN) signals plans to overhaul and recapitalise key financial institutions
Nigeria’s oil reserves experienced a slight decline as of January 2026, while gas reserves expanded, signaling a gradual pivot in the country’s energy landscape toward cleaner fuel sources. The Nigerian
Stakeholders in Nigeria’s Niger Delta region have called for a comprehensive and independent forensic audit of the Federal Government’s pipeline surveillance contract, raising concerns over its effectiveness in curbing oil
A Federal High Court in Abuja has sentenced former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, to 72 years in prison after finding him guilty of fraud involving N868.46
Fuel prices have climbed sharply across Nigeria as the Nigerian National Petroleum Company Limited (NNPCL) increased its pump price to over N1,300 per litre, following a fresh price adjustment by
Soaring food prices and record fuel costs are tightening the squeeze on Nigerian households, despite a marginal dip in overall inflation. Fresh data from the National Bureau of Statistics (NBS)
Internal whistleblowers have told the BBC that social media giants Meta and TikTok made decisions that allowed harmful content to spread widely, prioritising engagement over user safety. More than a
Tricycles double fares, basic services become costlier as power outage and soaring petrol prices squeeze households and small businesses in Uyo and beyond. Residents and business owners across Akwa Ibom
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has reassured that Nigeria’s economy is well-positioned to withstand potential shocks from the ongoing US-Iran-Israel conflict and its ripple effects