Seplat gets 20 years extension to its OML 3, 38, 41 licences
Nigeris's president Muhammadu Buhari, who also doubles as minister of petroleum resources Thursday gave his consent for a 20-year renewal ...
Sunday, June 21, 2026
Tag: CBN
OPEC, allies mull 1.4 million bpd cuts as crude prices plunge
The Organization of Petroleum Exporting Countries (OPEC) and the non-OPEC allies are discussing potentially cutting oil production by as much ...
India crude imports from Nigeria, others hit 874,000bpd
India’s imports from Nigeria and other African countries jumped in October to 874,000 barrels per day, their highest level in three ...
Nigeria raises $2.86bn eurobonds to fund fiscal deficit, financing needs as high investor interest sees offer come in at $9.5bn
The Nigerian government on Wednesday night said it has successfully raised $2.86 billion triple series notes under its Global Medium ...
MTN Group, 3 firms unveil 3G smartphone
The Chief Executive Officers the MTN Group, KaiOS Technologies Inc., China Mobile Communications Group Company Limited and Unisoc have announced a ...
Nigeria’s works minister says N206bn 2nd Niger Bridge delayed by high water level
Babatunde Fashola, Nigeria’s minister of power, works and housing has explained that the slow pace of work on the construction ...
The politics of the new minimum wage
With the help of weekly OMO auctions and stagnant MPRs, the Central Bank of Nigeria has so far been successful ...
$5.72bn Mambilla Power loan talks with Chinese government making progress, says Nigeria power minister
The Nigerian government said talks are now at advance stage with the Chinese government to secure $5.72 billion to finance ...
Nigeria’s NDIC says regulators monitoring investigations of failed Skye Bank directors for abuses
Deposit insurer, the Nigeria Deposit Insurance Corporation (NDIC), said it was closely monitoring along with the Central Bank of Nigeria, ...
Investors’ massive sell-offs in Nigeria banking stocks forces index to shed 0.2%
Investors' sell-offs in Zenith Bank, Guaranty, and Diamond Bank impacted negatively on the banking index and the overall All Share ...
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