Nigeria’s oil market is facing an intense showdown as a price war erupts between the Nigerian National Petroleum Company Limited (NNPC) and the newly operational Dangote Refinery. Oil marketers are now caught in the middle of a fierce competition that could redefine fuel pricing, distribution, and profitability across the sector. As both giants aggressively position … Read more
Nigeria’s power sector has recorded a major milestone as the Transmission Company of Nigeria (TCN) confirms that electricity generation has surged to 5,713 megawatts (MW), marking a significant step towards energy stability. The increase in power generation comes at a crucial time when Nigerians are demanding improved electricity supply amid ongoing challenges in the sector. … Read more
The Aviation Minister, Festus Keyamo, made a monumental announcement on Tuesday with the inauguration of Xejet’s $10 million Flight Support and Engineering Hub at the Nnamdi Azikiwe International Airport (NAIA) in Abuja. This cutting-edge facility promises to redefine aviation services in Nigeria, showcasing the nation’s potential to offer world-class standards. Keyamo expressed that while the … Read more
The Federal Government has unveiled its proposed 2025 budget, with a projected total expenditure of N47.96 trillion and a deficit of N13.13 trillion, which will be financed through borrowing. The announcement was made by the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, following the Federal Executive Council (FEC) meeting held … Read more