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Nestoil also stated that any declaration that the receiver/manager is free to exercise unrestrained power over the company and Neconde or their assets is inaccurate, misleading, and is against current legal realities. The post Nestoil, receiver spar over the Supreme Court’s...
Japan has one of the world's lowest birth rates, as well as a falling and ageing population, leading to labour shortages, a ballooning social security bill, and a shrinking tax base. The post Japan Fertility Rate Falls Again To Record Low appeared first on Channels Television.
The Gulf has borne much of the brunt of the war since it began with a wave of US-Israeli attacks on Iran on February 28. The post Saudi Economy ‘Resilient’ Despite Mideast War, Says IMF appeared first on Channels Television.
Renaissance Africa Energy Company has been recognised by global energy intelligence firm Wood Mackenzie as Africa’s leading oil and gas read more Renaissance leads Africa’s oil, gas production market – Wood Mackenzie
Dangote Refinery is likely to reduce petrol and diesel prices due to increasing competition among Lagos depots. This price adjustment could benefit consumers amid the ongoing depot price war.
Global energy investments are projected to hit a record $3.4 trillion by 2026, showcasing resilience amid geopolitical tensions. This growth reflects a strong commitment to energy development despite challenges in the Middle East.
Nigeria's capital imports rose by 83.8% to $10.37 billion in Q1 2026, reflecting increased foreign investor confidence. This growth marks a significant recovery from $5.64 billion in the same period last year.
Nigeria’s oil sector expanded in the first quarter of 2026, posting its second consecutive year-on-year growth even as actual crude read more Nigeria’s oil GDP grows 2.57% as production slips
The Dangote Petroleum Refinery says its growing surplus of aviation fuel positions it to become a major global supplier, amid rising international demand and ongoing pressure on fuel markets. The post Dangote refinery can supply Jet Fuel Globally — Official appeared first on Pr...
Nigeria's capital importation reached $10.37 billion in Q1 2026, marking an impressive 83.83% increase. This surge reflects a renewed interest from foreign investors in the Nigerian economy.
Nigerian economy attracted a total of $10.37 billion in investment in the first quarter of 2026, representing an 83.9 percent read more Nigeria’s capital importation jumps by 84% to $10 bn in Q1
Nigeria attracted $10.37 billion in capital inflow during the first quarter of 2026, driven by foreign investments. This marks a significant boost to the country's economy, reflecting growing investor confidence.
Africa’s great economic paradox Africa remains one of the richest continents on earth. The continent is abundantly blessed with minerals, read more AfCFTA and the dream of one African market
Oil prices have increased amid uncertain global economic growth due to the ongoing conflict in the Middle East. Stock markets are reacting variably as hopes for a ceasefire remain fragile.
Nigeria’s foreign exchange market recorded a significant improvement in January 2026, with net foreign exchange inflows tripling to $9.22 billion read more Net FX inflows triple to $9.2bn as dollar supply surge fuels naira rally
Companies seeking to benefit from Nigeria’s new tax incentive regime will have to navigate a multi-layer approval process involving several read more Companies seeking new tax incentives face multi-agency approval process
Les Ojugbana emphasizes the importance of agriculture in Nigeria's economic transformation. He advocates for increased investment in agriculture, manufacturing, and job creation to drive growth.
Fresh fighting erupted across the Gulf on Wednesday as Iranian missile and drone attacks damaged Kuwait’s main airport and injured read more Gulf tensions rise as Iran hits Kuwait, US strikes near Hormuz
Global economic growth is now forecast to slip to 2.8 percent for 2026 if Gulf exports of oil and gas return to pre-conflict levels in the third quarter, the group of 38 industrialised countries said in its quarterly update. The post OECD Cuts 2026 Global Growth Forecasts Over Mi...
Many Nigerians assume that selling a personal asset such as a house, car, or valuable possession is automatically tax-free. However, read more Tax implications of selling personal assets in Nigeria: what individuals should know
Nigeria is poised to emerge as a leader in the global talent economy, as stated by the Minister of Industry, Trade and Investment. This development highlights the country's potential in harnessing and exporting talent on a global scale.
Akwa Ibom has launched enhanced varieties of cassava aimed at increasing agricultural productivity. These new varieties promise high yields and improved disease resistance, benefiting local farmers.
Deposit Money Banks (DMBs) are increasing the limit that naira cardholders can spend abroad, following improved dollar liquidity in the read more Banks expand naira card limits abroad as FDIs, FX inflows rise
The current exchange rate for the Naira to the Dollar is approximately ₦137,325 for $100 at the official NFEM rate. This reflects ongoing market conditions as of June 3, 2026.
Nigeria has issued more than 127 million National Identification Numbers (NINs), making it one of Africa’s leading digital identity markets, read more 127m NINs later, Nigeria still faces digital identity usage gap
Nigeria’s 650,000 barrel per day (bpd) Dangote oil refinery currently has a large surplus of jet fuel and can supply read more Dangote refinery can be global jet fuel supplier, CEO says
Oil-bearing and impacted communities in the Niger Delta have called for an urgent end to gas flaring in Nigeria and read more Niger Delta communities demand ban on gas flaring
…as NUT, NLC protest over abductions in Maiduguri The North East Civil Society Network and Nigerian Union of Teachers (NUT), read more CSO, NUT berate Tinubu’s ‘regional bias’ over pupils’ abductions in Oyo, Borno
…As company empowers fresh batch of women entrepreneurs in A’Ibom, Rivers Sterling Oil Exploration and Energy Production Company Limited (SEEPCO) read more Sterling joins oil firms unhappy with misuse of empowerment packages by communities
The US has warned 60 nations, including Nigeria, of potential new tariffs for not addressing forced labor issues. This follows investigations into various trading partners regarding their labor practices.