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Nigeria, US Sign Deal to Expand Mining Cooperation

Nigeria, US Sign Deal to Expand Mining Cooperation

Nigeria and the United States have signed an agreement aimed at increasing American investment in Nigeria’s mining sector and developing the country’s mineral resources. The agreement was signed in New York by the Minister of Solid Minerals Development, Dele Alake, and US Deputy Secretary of State, Christopher Landau. The framework…
Oil Prices Drop as US-Iran Talks Raise Hopes of Diplomacy

Oil Prices Drop as US-Iran Talks Raise Hopes of Diplomacy

Oil prices have fallen after US President Donald Trump said American and Iranian representatives held what he described as “very good” talks at the United Nations. Brent crude dropped to 98 dollars and 41 cents per barrel, while US West Texas Intermediate fell to 89 dollars and 23 cents. Trump…
Manufacturers Seek Tighter Rules for Foreigners in Nigeria’s Retail Market

Manufacturers Seek Tighter Rules for Foreigners in Nigeria’s Retail Market

The Manufacturers Association of Nigeria has called on the Federal Government to regulate the involvement of foreign nationals in Nigeria’s retail trade. MAN’s Director-General, Segun Ajayi-Kadir, says foreigners should not be allowed to enter areas of business meant for local operators without proper regulatory oversight. The call comes amid concerns…
Nigeria Returns to FTSE Frontier Market, Attracting Fresh Foreign Investment

Nigeria Returns to FTSE Frontier Market, Attracting Fresh Foreign Investment

Foreign and institutional investors are showing renewed interest in Nigerian equities following the country’s return to FTSE Russell’s Frontier Market indexes. The reclassification took effect on Monday, triggering increased trading activity, particularly in major banking stocks. Zenith Bank, GTCO and FirstHoldCo were among the companies that attracted strong initial demand…
Dangote Eyes Over $10bn Investment in Nigeria’s Power Sector

Dangote Eyes Over $10bn Investment in Nigeria’s Power Sector

Africa’s richest man, Aliko Dangote, says his business group plans to invest more than 10 billion dollars in the power sector to tackle Africa’s electricity crisis. Dangote made the disclosure during an interview with Al Jazeera, saying unreliable electricity and inconsistent government policies remain major obstacles to investment across the…
Naira stays around ₦1,330 as dollar trades higher on parallel market

Naira stays around ₦1,330 as dollar trades higher on parallel market

The naira opened the new week at different rates against the US dollar across Nigeria’s official and parallel foreign exchange markets. Data from the Nigerian Foreign Exchange Market put the naira at about one thousand, three hundred and thirty-one naira, twenty kobo to the dollar, based on Friday’s confirmed rate.…
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FG Seeks Investors’ Backing for N729bn Power Bond to Clear Gencos’ Debt

FG Seeks Investors’ Backing for N729bn Power Bond to Clear Gencos’ Debt

The Federal Government is preparing to issue a second bond valued at about N729 billion under the Presidential Power Sector Debt Reduction Programme (PPSDRP) as part of efforts to settle verified legacy debts owed to electricity Generation Companies (Gencos) and improve liquidity in the Nigerian Electricity Supply Industry (NESI). Ahead…
Lagos Energy Reforms to Reshape Facility Management, Spur Sustainable Growth

Lagos Energy Reforms to Reshape Facility Management, Spur Sustainable Growth

The International Facility Management Association (IFMA), Nigeria Chapter, has announced a range of strategic initiatives aimed at boosting professional capacity, driving industry research and preparing facility managers for Nigeria's changing energy landscape. The plans were unveiled at the IFMA Corporate Membership event, themed "Evaluating the Impact of New Energy Regulations…
NUPRC Rebuilds Investor Confidence in Nigeria’s Oil Industry

NUPRC Rebuilds Investor Confidence in Nigeria’s Oil Industry

Mrs. Oritsemeyiwa Eyesan Six months into her tenure as Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan is driving reforms aimed at strengthening regulatory certainty, improving operational efficiency, accelerating decision-making, and enhancing transparency. The early results are becoming increasingly visible, with higher oil production, renewed…
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Electoral Reform Bill

Committee Deliberation

Electoral Reform Bill

Committee Deliberation

Electoral Reform Bill

Committee Deliberation

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