TotalEnergies has signed new agreements with its long-standing partner, Conoil Protaining Limited, under which Conoil will acquire TotalEnergies' 40 percent interest in the OML136 block, while TotalEnergies will acquire a 50 percent operated interest in Conoil's OPL257 block.
Both OML136...
Running a small or medium enterprise (SME) in Nigeria comes with many challenges, from managing daily operations to navigating a complex business environment. Among these responsibilities, tax and payroll compliance stand out as two of the most critical and...
Investor activity on the Nigerian Exchange Limited (NGX) surged to a record N9.57 trillion between January and October 2025, more than double the N4.47 trillion traded in the same period last year, underscoring renewed market confidence and increased domestic...
Nigeria spent a total of $2.3 billion servicing external debt in the first half of 2025, an amount almost equal to the $2.25 billion the country recently raised through a 10-year Eurobond issue.
The figures underlined the growing pressure that...
The Kogi State Government has set up a seven-person committee to strengthen domestic revenue generation in the state.
The State Commissioner for Commerce and Industry, Hon. Muhammed Muktar Shuaibu, during his meeting with stakeholders, explained that government expects every revenue...
Aliko Dangote, Chairman and CEO of Dangote Industries Limited (DIL), has signed an agreement with Zimbabwean President Emmerson Mnangagwa for new investments of $1 billion in the country.
President Mnangagwa announced the development in a post on his X account...
Seplat Energy Plc has said Nigeria must aim for an energy regime that is affordable, reliable and accessible to all in its quest for a prosperous nation.
Speaking at the opening ceremony of the 43rd Annual International Conference and Exhibition...
Rising inflation and shrinking consumer spending are taking a heavy toll on Nigeria's banking sector, forcing financial institutions to re-evaluate the sustainability of maintaining a large base of small depositors.
With management costs rising, analysts say it is increasingly inefficient...
The Nigerian stock market opened the week on a weaker note as profit taking in select stocks dragged the market slightly lower. Despite the slight decline, overall performance remains buoyed by strong year-to-date earnings and sustained investor confidence.
The All-Share...
Nigeria has continued to establish itself as a leading advocate of evidence-based policymaking and inclusive economic transformation as the global economy moves towards resilient and reform-oriented growth.
Reflecting this momentum, a delegation from the International Monetary Fund (IMF), led by...
