The Emadeb Energy Group has presented the first oil from the Ibom Field, PPL 236, to the Akwa Ibom State Governor, Pastor Umo Eno. The presentation was made during a courtesy visit to Governor Eno recently [on Wednesday, December 3, 2025], at the Government House in Uyo. From left, Executive
BUSINESS
The British High Commission in Abuja has launched two flagship economic reform programmes – the Nigeria Economic Stability & Transformation (NEST) programme and the Nigeria Public Finance Facility (NPFF) – reaffirming the United Kingdom’s long-term commitment to supporting Nigeria’s economic reform and growth agenda. Backed by a £12.4 million UK investment, NEST
The Europe Union Ambassador to Nigeria, Gautier Mignot has stated that efforts are on to further lift Nigeria’s trade balance of $10 billion surplus as known barriers are in line to be removed. Mignot said that the expected EU -Nigeria ministers summit is aimed at addressing the trade barriers and other issues. He said though […]
By Nick Agule In September 2024, the Nigerian National Petroleum Company Limited (NNPCL) published a pricing template for the Dangote Refinery, with the estimated pump price set at N950 in Lagos. This template was built on two key assumptions: a crude oil price of $71.61 per barrel and an exchange rate of N1,637.59 per dollar. […]
In a landmark move towards safeguarding the nation’s forests, ecosystems, and biodiversity that underpin livelihoods across the country, the federal government has launched the Biodiversity Finance Initiative (BIOFIN). It is an important step towards bridging financial gap for biodiversity conservation while strengthening partnerships among government institutions, the
Abuja Chamber of Commerce and Industry (ACCI), in partnership with the National Automotive Design and Development Council (NADDC) and Surge Africa, has called for urgent action to advance electric mobility infrastructure in Nigeria. The call was made in Abuja on Wednesday during a high-level roundtable dialogue to commemorate the World Sustainable Transport Day. The event,











