PENGASSAN shuts down Shell office in Lagos over pay dispute
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Tuesday staged a protest that halted operations at the Broad Street office of Shell Nigeria Exploration and Production…
Oil climbs above $72 amid escalating middle east tensions
Global crude oil prices surged on Friday, with Brent rising above $72 per barrel for the first time since July 31, 2025, amid escalating geopolitical tensions in the Middle East.…
Tinubu applauds Lebara Nigeria’s entry, says telecom sector driving growth
President Bola Tinubu has welcomed the official launch of Lebara Nigeria, describing it as a strong vote of confidence in Nigeria’s digital economy and its potential as a leading technology…
Gas constraints disrupt national grid, trigger massive load shedding
Nigeria’s power generation has dropped to an average of 4,300 megawatts (MW) due to inadequate gas supply to thermal power plants, the Nigerian Independent System Operator (NISO) has announced. In…
Tinubu extends ban on raw shea nut export by one year
President Bola Tinubu has approved a one-year extension of the ban on the export of raw shea nuts, reinforcing his administration’s push for local processing and value addition in the…
Anambra shuts Nnewi market for one week over sit-at-home
The Anambra State Government has ordered the temporary closure of the New Auto Spare Parts Association (NASPA) Market at Nkwo Nnewi over continued compliance with the Monday sit-at-home directive in…
Budget Office defends executive order 9, says it upholds constitutional revenue rules
The Federal Government has defended Executive Order 9 (EO9), dismissing claims that it amounts to executive lawmaking, and insisting that the directive merely enforces existing constitutional provisions on the custody…
Dangote to open refinery shares to Nigerians within five months
Aliko Dangote, President and Chief Executive Officer of the Dangote Group, has announced that Nigerians will be able to purchase shares directly in the Dangote Refinery within the next four…
USSD crisis ends as banks clear ₦300bn debt to telcos
Commercial banks and telecommunications operators have finally resolved their prolonged dispute over unpaid Unstructured Supplementary Service Data (USSD) charges, with nearly N300 billion in accumulated debt now fully settled. The…
‘An aberration’: PENGASSAN urges Tinubu to withdraw oil revenue executive order
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on President to rescind the recent executive order directing the direct remittance of oil and gas revenues…
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