CBN retains interest rate at 26.5%
The Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 26.5%. CBN Governor Olayemi Cardoso announced the decision after the Monetary Policy Committee's 306th meeting in Abuja,…
Nigeria’s soaring debt driven by naira devaluation, not fresh borrowing, Says Oyedele
Finance Minister Taiwo Oyedele says Nigeria's rising public debt was driven by naira devaluation and inherited obligations, not fresh borrowing by the Tinubu administration. Nigeria's surging public debt is largely…
Dangote offers N500,000 reward to curb illegal truck use
Dangote Industries has launched a N500,000 whistleblower reward to curb illegal use of its branded trucks for unauthorised haulage nationwide Dangote Industries Limited (DIL) has launched a whistleblower initiative offering…
Nigeria joins IEA in fastest accession in agency’s 52-Year history
Nigeria has been admitted as an Association Country of the International Energy Agency (IEA), completing what the agency says is the fastest accession process in its 52-year history and paving…
S&P places Nigeria on 2027 watchlist for possible frontier market upgrade
S&P Dow Jones Indices has placed Nigeria on its 2027 watchlist for a possible upgrade to frontier market status, citing improvements in the country's regulatory environment while calling for consistent…
Premium Pension, Trustfund plan merger ahead of PenCom’s 2027 recapitalisation deadline
The deal, if approved, would create Nigeria's third-largest pension fund administrator ahead of a June 2027 capital deadline that carries licence revocation for non-compliance. Premium Pension and Trustfund Pensions have…
Special Adviser to President Bola Ahmed Tinubu on Oil and Gas, Olu Arowolo Verheijen
Verheijen: Tinubu reforms have unlocked $50bn upstream investment pipeline
Nigeria now has more than $50 billion worth of upstream oil and gas projects in its visible pipeline, Special Adviser to the President on Oil and Gas, Olu Arowolo Verheijen,…
NNPC signs $20bn gas deals, hits five-year production high
Ojulari says crude output reaches 1.71 million barrels per day as company delivers N19.5 trillion to federation and targets 3 million bpd by 2030. The Nigerian National Petroleum Company (NNPC)…
Olu Arowolo Verheijen speaking at the 25th NOG Energy Week Conference
Verheijen outlines measures to make cooking gas affordable in Nigeria
Special Adviser to President Bola Tinubu on Oil and Gas, Olu Arowolo Verheijen, has outlined a series of measures the Tinubu administration is deploying to tackle the rising cost of…
Special Adviser to President Bola Ahmed Tinubu on Oil and Gas, Olu Arowolo Verheijen
Verheijen: We will not apologise for our reforms, but we welcome honest criticism
Special Adviser to President Bola Tinubu on Oil and Gas, Olu Arowolo Verheijen, has defended the Tinubu administration's energy sector reforms, insisting the government would not be pressured into retreat…
