The International Energy Agency said Saturday that member countries had so far released 325 million barrels of oil and oil derivatives from strategic reserves, down from the 400 million barrels…
By TheDailyNewsHub News Desk | October 1, 2026 Nigerian industrialist Aliko Dangote and Kenyan President William Ruto have officially broken ground on a $16 billion oil refinery project in Lamu…
By TheDailyNewsHub News Desk | October 1, 2026 The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a profit after tax of ₦7.2 trillion for the 2025 financial year,…
Kogi State Governor Ahmed Usman Ododo has led a high-level delegation to Kuwait in a fresh effort to attract development financing, technical expertise and investment partnerships for priority projects across…
Asian stocks mostly fell and oil prices extended gains on Tuesday as hopes for a reopening of the Strait of Hormuz fade amid expectations the Federal Reserve will hike interest…
Ayeni Adekunle, Chief Executive Officer of BHM Holdings, has called for Nigeria and other African countries to build more businesses capable of competing and operating on a global scale. Adekunle…
Kenyan President William Ruto has described Nigeria’s Dangote Petroleum Refinery as an example of what African governments, investors and financial institutions can achieve through collaboration, following his tour of the…
The Federal Government has introduced a new regime for calculating interest on late payment of taxes, reducing the additional interest charged on naira-denominated tax liabilities from five percentage points to…
Nigeria and the United States have signed a framework agreement aimed at deepening American investment in Nigeria’s mining sector and accelerating the development of the country’s estimated $700 billion mineral…
President Bola Ahmed Tinubu has welcomed the $800 million Final Investment Decision (FID) for the development of Nigeria’s long-delayed Ima Gas Field, describing the project as a major step towards…
