Media Service
The Dangote Petroleum Refinery has hit a major milestone, reaching its full designed capacity of 650,000 barrels of crude oil per day (bpd) and becoming the first refinery globally to achieve full nameplate capacity in a single train of that scale. This achievement follows the optimization of its Crude Distillation Unit (CDU) and Motor Spirit…
Professor Abdullahi Usman has stepped down as Chairman of the National Hajj Commission of Nigeria (NAHCON), bringing his leadership of the federal pilgrimage agency to an abrupt end following weeks of internal discord. His resignation, confirmed on Tuesday, comes shortly after the NAHCON board submitted a petition to President Bola Tinubu seeking his removal over…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has alerted the public to a surge of fraudulent recruitment schemes falsely claiming to offer jobs at the agency. In a statement shared on its official X account on Monday, NMDPRA said it was compelled to respond after unscrupulous groups began exploiting Nigerians with promises of…
Traders at Onitsha Main Market in Anambra State resumed business on Monday following a one-week closure imposed amid warnings over a sit-at-home order allegedly linked to the proscribed Indigenous People of Biafra (IPOB). The market had shut down last week after some traders reportedly complied with a Monday sit-at-home directive circulating on social media. Governor…
You’re officially invited to the Nigeria Oil & Gas Awards Dinner – the night where the country’s brightest energy leaders come together to celebrate excellence, innovation, and the future of our sector. Mark your calendar: January 30th at the iconic Transcorp Hilton Hotel, Abuja. It’s not just another dinner it’s a premier networking hub, a showcase…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially launched the 2025 oil and gas licensing round, offering 50 blocks for bidding across five of Nigeria’s sedimentary basins, while emphasizing that only technically competent and financially capable firms will qualify. The move, the commission said, is designed to eliminate speculative participation and position Nigeria’s upstream…
The Central Bank of Nigeria (CBN) has authorised importers to temporarily use expired National Agency for Food and Drug Administration and Control (NAFDAC) licenses for import documentation, the apex bank announced on Tuesday. According to a circular issued on January 26, 2026, by the CBN’s Trade and Exchange Department and published on the bank’s website,…
The Nigerian naira extended its recent rally at the official foreign exchange market, trading near ₦1,400 against the US dollar during midweek sessions on the Nigerian Foreign Exchange Market (NFEM). Figures released by the Central Bank of Nigeria (CBN) showed that the local currency gained 1.26 per cent on Tuesday, with the dollar quoted at…
President Bola Ahmed Tinubu on Monday left Abuja for a state visit to the Republic of Türkiye, as Nigeria moves to deepen diplomatic, economic and strategic ties with the country. The trip was disclosed by the Special Adviser to the President on Social Media, Dada Olusegun, in a post on X, where he outlined the…
Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole has revealed that the Nigerian economy has recorded growth above four per cent while inflation has sharply declined. Speaking to CNN on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland, Oduwole attributed the gains to ongoing economic reforms, renewed investor confidence, and strengthened…