New deepwater projects, which are expected to come on stream between 2025 and 2030, will have the capacity to add at least 2.3 billion barrels of crude oil to Nigeria’s existing reserves.

Nigeria’s underproduction of crude oil will persist as repair work on Forcados, a key oil terminal, will drag till the end of September, after months of halted flows contributed to hobbling the country’s supply performance in August.

President Muhammadu Buhari has lauded the Governor of Ekiti State, Dr Kayode Fayemi, who has been elected President of the Forum of Regions of Africa (FORAF), in his capacity as Chairman of the Nigerian Governors’ Forum (NGF).

warns against external interference in the activities of INEC in 2023 elections

The United States of America Consulate has stated its readiness to work with the American and Nigerian business communities to drive digital transformation in Nigeria.

The African continent is gradually taking its place in the global crypto ecosystem.

Nigeria imported arms and ammunition worth N15.8 billion in the first half of 2022, representing a 60.3% decline compared to N39.8 billion recorded in the corresponding period of 2021.

After assessing the chances of presidential candidates in the forthcoming 2023 general elections, a renowned Northern Islamic cleric, Sheikh Ahmad Gumi, has warned Nigerians against electing an inexperienced and unpatriotic politician as president.

Foreign Portfolio in Nigerian equities fell to $12 million in the second quarter of 2022, its lowest level since the Bureau of Statistics started reporting the data.

Officials and experts say financial hurdles have delayed the ambitious project, but Europe 'would like to see the project up and running within a maximum of two years'

He noted that the sustained onslaughts on the insurgents under the kinetic and non-kenetic approaches had led to the mass surrender.

The Academic Forum of the Islamic Movement, under the leadership of the Sheikh Ibraheem El-Zakzaky, said the allegation that the group is planning to import arms into the country through the northern borders is untrue and baseless

Troops of 199 Special Forces and 222 Battalions, Operation Hadin Kai (OPHK) in coordinated military airstrikes have killed 200 Boko Haram terrorists, including five commanders, on the fringes of Sambisa Forest in Borno State.

Major crypto exchange Binance is expanding its presence in Africa by launching a partnership with Nigeria’s authorities to build a Dubai-like digital economic zone.

Nigeria is keen on expanding energy ties with Iran in a wide range of sectors, including refinery maintenance and construction operations, in addition to transferring knowledge in compressed natural gas industry.

The Brazil and Nigeria trade relations recorded $280.81 billion in export earnings in 2021.

Iran and Nigeria have signed a memorandum of understanding (MOU) to expand cooperation in various energy sectors.

Undisbursed loans may drive Nigeria’s debt to the World Bank from $12.72bn to $21.15bn.

President Muhammadu Buhari on Friday disclosed that the stability of the Chad Republic and all neighbouring countries is in Nigeria’s interest.

The Nigerian Army on Saturday reacted to the negative stories on the voluntary retirement of 243 soldiers over alleged corruption, poor service conditions and low moral.