Ogun Becomes Oil-Producing State as NNPC Drills at Eba Well

Ogun State has officially joined Nigeria's oil-producing states following the commencement of drilling operations at the Eba oil well. President Tinubu's approval accelerated the project, which promises economic growth and diversification beyond the Niger

NNPC Slashes Petrol Price in Lagos by N25

NNPC filling stations in Lagos have reduced petrol pump prices to N815 per litre, a N25 decrease from previous rates. This adjustment follows Dangote Refinery's price cut and reflects broader market dynamics.

NNPC Alerts on Power Cuts from Seplat Gas Shutdown

NNPC Limited has raised an alarm over potential electricity disruptions as Seplat Energy shuts its gas facilities for a four-day maintenance, impacting Nigeria's power supply amid ongoing energy challenges.

Tinubu Commends BOI's N636bn Loans, Agriculture Leads

President Bola Tinubu has commended the Bank of Industry for disbursing N636 billion in loans in 2025, with agriculture receiving the largest share of N202 billion. The funding aims to boost productive capacity across sectors.

CBN Fines Banks N10m for Unaccredited Cheque Printers

The Central Bank of Nigeria has announced strict sanctions, including fines up to N10 million, for deposit money banks that use unaccredited cheque printers to enhance security and efficiency in the clearing system.

Keyamo Orders Immediate Redeployment of Aviation Directors

The Federal Ministry of Aviation and Aerospace Development has approved the immediate redeployment of directors across four key aviation agencies, including NAMA, NCAA, NiMet, and NSIB. Minister Festus Keyamo and Permanent Secretary Yakubu Kofarmata signe

Fresh Cooking Gas Prices Released Nationwide by Major Marketers

Major oil marketers and depot owners have announced updated liquefied petroleum gas (LPG) prices across Nigeria, with rates varying by location and supplier. The adjustments come amid improved naira stability and increased local production meeting 87% of

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