The Nigerian Association of Petroleum Explorationists (NAPE) has announced plans to celebrate its 50th anniversary on Thursday, August 14, 2025, at Eko Hotel, Lagos, in what promises to be a landmark gathering of industry leaders, policymakers, and stakeholders. The Golden Jubilee celebration, themed “Pioneering the Future of Energy in Africa”, will serve both as a

Dean Adansi, Chief Executive Officer of Ghana International Bank (GHIB), has unveiled a financing blueprint aimed at breaking Africa’s heavy reliance on raw commodity exports by boosting local processing capacity. Speaking to the BBC on the sidelines of the GHIB CONVERGE 2025 conference in London, Adansi argued that closing sub-Saharan Africa’s estimated US$80 billion trade

New Hampshire Capital, a Meter Asset Provider (MAP), has announced new prepaid meter prices under the Meter Asset Provider (MAP) scheme for Ikeja Electric. A statement by the Company revealed that the new price for its single-phase meters is N124,000 and three-phase meters now goes for N215,000. These prices are inclusive of meter installation costs

JUST IN: FG Drops Charges Against Ibom Air Passenger, Reduces Kwam 1’s Ban The Federal Government has withdrawn criminal complaints against Ms. Comfort Emmanson and Fuji musician Wasiu Ayinde Marshall (popularly known as KWAM 1) over separate incidents of unruly conduct at Nigerian airports. Aviation Minister Festus Keyamo disclosed this on Wednesday, following consultations with

Nigeria’s Reliance on Fuel Import Rises 69% in June – Report  The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) recent report has revealed that over sixty-nine percent of total petrol consumed in Nigeria in the month of June, 2025 was imported. According to the NMDPRA July report presented to Federation Account Allocation Committee (FAAC)

Tinubu Appoints Idris Olorunnimbe as NCC Chairman, Constitutes Board for USPF  President Bola Ahmed Tinubu has appointed Idris Olorunnimbe as the new Chairman of the Nigerian Communications Commission (NCC), Nigeria’s telecommunications regulator. The announcement came alongside the constitution of the boards of the NCC and the Universal Service Provision Fund (USPF), both under the Ministry

Customs, FIRS Join Forces to Speed Up Single Window Project The Federal Inland Revenue Service and the Nigeria Customs Service have stepped up collaboration on the National Single Window project, a landmark trade facilitation initiative expected to transform Nigeria’s import and export processes, improve revenue collection, and enhance the country’s competitiveness in global trade. At

World Bank Approves $300m to support IDPs in Nigeria The World Bank says it has approved $300 million to fund a new project aimed at improving access to services and economic opportunities for internally displaced persons (IDPs) and their host communities in northern Nigeria. In a statement on Monday, the World Bank said the Solutions

If you’re dreaming of one great trip in 2025, these seven countries give you big sights, smooth planning, and good value at different budgets. This guide keeps things simple for Nigerian travellers: why each place is worth your money, the best months to go, and a few practical notes on routes and visas, no fluff

Nigeria Secures N12.88trn World Bank Loans Over Two Years The World Bank has approved a total of $8.40bn (N12.89tn) in fresh loans to Nigeria over the past two years, according to data obtained from the bank’s official website. The approvals, covering June 2023 to August 2025, cut across 15 projects in energy, education, healthcare, rural

NUPRC Generates N5.21tn from Oil Sales in H1 The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), raked in N5.21tn from the sale of crude oil, gas and other economic activities in the first six months of 2025. It said the revenue inflow represents 42.7 per cent of the record N12.2tn it generated

Nigeria Needs $120bn for Federal Roads – TUC The Trade Union Congress (TUC) of Nigeria has stated that the country would need an estimated $120bn to construct its federal road network, a sum that is roughly four times the size of its annual budget. The union described the gap between Nigeria’s infrastructure needs and available