Headlines from Nigerian publishers. Each story opens on the publisher's site.
The decline, based on secondary sources cited by OPEC, represents a 2.3 per cent month-on-month reduction in the country’s crude oil output. The post Nigeria’s oil output falls 37,000bpd to 1.546m bpd — OPEC appeared first on Vanguard News.
Vanguard News · 2 months ago · 3 min read(opens Vanguard News in a new tab)
West Africa could build a $3tn cumulative energy market by 2035 if its 16 countries move from operating as separate national markets to a connected regional system, the Chairman of Rosehill Group Limited Advisory Limited, Suleiman Yahyah, has said.
The Punch · 2 months ago · 7 min read(opens The Punch in a new tab)
The Economic and Financial Crimes Commission has recovered more than N115bn and $84m in outstanding statutory levies owed the Niger Delta Development Commission by oil companies, the agency told the Senate on Wednesday.
The Punch · 2 months ago · 6 min read(opens The Punch in a new tab)
Two airlines, United Nigeria and Air Peace, may have lost over N2bn following Tuesday’s disruption of flight operations by a coalition of aviation workers’ unions, with nearly 100 flights cancelled or disrupted and thousands of passengers left stranded at airports.
The Punch · 2 months ago · 7 min read(opens The Punch in a new tab)
Yellow Card, a pan-African licensed stablecoin infrastructure and payments provider, is advancing its global expansion following a series of major milestones, including a $40m strategic Series C funding round, an expanding regulatory footprint and growing partnerships with global financial and…
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
Nigeria met and exceeded the Organisation of the Petroleum Exporting Countries quota for the third consecutive month in July, despite a four per cent month-on-month decline in oil production, the Nigerian Upstream Petroleum Regulatory Commission has said.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, is proposing fines of up to five per cent of the annual turnover of petroleum operators found guilty of serious anti-competitive practices in the midstream and downstream sectors.
The Punch · 2 months ago · 5 min read(opens The Punch in a new tab)
The Lagos Commodities and Futures Exchange has secured a licence from the Nigerian Midstream and Downstream Petroleum Regulatory Authority to facilitate the trading and clearing of petroleum liquids, in a development expected to deepen price discovery, transparency and investment in Nigeria’s…
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
The Federal Government is considering two proposals to ease crude oil offtake by domestic refiners as it moves to address pricing and logistics challenges that have continued to constrain access to locally produced crude.
The Punch · 2 months ago · 5 min read(opens The Punch in a new tab)
Nigeria’s crude oil production fell by four per cent month-on-month in July, but the country still met its Organisation of Petroleum Exporting Countries quota for the third consecutive month, latest data from the Nigerian Upstream Petroleum Regulatory Commission has shown.
The Punch · 2 months ago · 4 min read(opens The Punch in a new tab)
By Elizabeth Adegbesan eTranzact International Plc has reaffirmed its commitment to supporting Micro, Small and Medium Enterprises, MSMEs, through digital payment solutions, as it deepens its partnership with the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, to promote…
Vanguard News · 2 months ago · 2 min read(opens Vanguard News in a new tab)
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria, CBN, yesterday opened applications for the second cohort of its Regulatory Sandbox Programme, introducing dedicated tracks for virtual assets and data-enabled financial services. Applications open today and close August 31, 2026, with…
Vanguard News · 2 months ago · 2 min read(opens Vanguard News in a new tab)
By By Obas Esiedesa The Federal Government has backed the establishment of a regional petrol pricing benchmark for West Africa, saying the initiative will strengthen energy security, deepen cross-border trade and enable the region to determine the value of its refined petroleum products. The…
Vanguard News · 2 months ago · 3 min read(opens Vanguard News in a new tab)
By Kafayat Kokumo Importers using the Apapa and Tin Can Island ports are facing mounting financial losses as difficulties in returning empty containers continue to attract avoidable demurrage and detention charges, the Africa Association of Professional Freight Forwarders and Logistics of Nigeria…
Vanguard News · 2 months ago · 2 min read(opens Vanguard News in a new tab)
By Udeme Akpan The latest disagreement between President Donald Trump and Iran over the reopening of the Strait of Hormuz has pushed up oil prices by 5 per cent to $87 per barrel from $83 per barrel in the global market. This was even as Bank of America (BofA) warned that oil prices could continue…
Vanguard News · 2 months ago · 3 min read(opens Vanguard News in a new tab)
Nigeria’s capital importation rose by 256.9 per cent year-on-year (YoY) to $2.82 billion in April 2026 from $0.79 billion in the corresponding period of 2025, indicating increased investor confidence in the economy, the Central Bank of Nigeria (CBN) has said. However, capital importation declined…
Vanguard News · 2 months ago · 2 min read(opens Vanguard News in a new tab)
Brazilian aircraft manufacturer, Embraer, recorded a 38.4 per cent increase in adjusted net income in the second quarter of 2026, driven by higher revenue and improved operating performance.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has said crises in Western Europe and the Mediterranean should not automatically determine petroleum product prices in Nigeria and other African countries, arguing that West Africa needs a regional…
The Punch · 2 months ago · 4 min read(opens The Punch in a new tab)
The Chartered Institute of Personnel Management of Nigeria has urged human resource professionals to move beyond traditional administrative roles and become strategic drivers of business transformation as it inducted 78 new members into the profession.
The Punch · 2 months ago · 4 min read(opens The Punch in a new tab)
Nigerian businesses are re-evaluating how they manage long-term risk and access capital, shifting environmental, social, and governance considerations from routine compliance exercises into core corporate strategy.
The Punch · 2 months ago · 2 min read(opens The Punch in a new tab)
