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By Mariam  Eko Nigeria’s average crude oil production in 2025  increased to 1.64 million barrels per day (mbpd), representing a 5.8 per cent year-on-year rise from 1.55mbpd in the corresponding period of 2024, the Independent Petroleum Producers Group (IPPG) has said.  Chairman of IPPG, Mr. Adegbite Falade, disclosed this at the just-concluded Nigeria International Energy Summit […] The post Nigeria’s crude oil production rises to 1.64mbpd in 2025 — IPPG appeared first on Vanguard News.

Dangote Cement’s N19.95 billion Series 1 commercial paper carries a tenor of 181 days and matures on 20 May. The post NGX lists Dangote Cement commercial paper, deepens debt market appeared first on Premium Times Nigeria.

By Soni Daniel, Northern Regional Editor, & Obas Esiedesa The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed plans to supply an additional 1.8 billion cubic feet of gas per day (bcf/d) in 2026 to meet rising demand in the domestic market.  The company, which made this known at a media briefing with the Nigeria […] The post Gas Master Plan: NNPC to boost supply by 1.8bcf/d in 2026 appeared first on Vanguard News.

By Peter Egwuatu PRESIDENT Bola Tinubu, yesterday, signed an Executive Order (EO) to boost oil and gas revenues flowing into Nigeria’s Federation Account by eliminating wasteful deductions under the Petroleum Industry Act (PIA). According to the statement issued by the Presidential spokesman, Bayo Onanuga, the Executive Order is anchored on Section 44(3) of the Constitution, which […] The post Tinubu signs Executive Order to end NNPC’s 30% oil revenue cuts appeared first on Vanguard News.

“In 2024, the year we came in, the bank recorded an operational surplus of ₦11.58 billion, the first in over 30 years." The post FMBN records ₦19.5bn surplus, targets ₦750bn recapitalisation – Official appeared first on Premium Times Nigeria.

By Godwin Oritse  Business leaders, at the European Business Chamber Nigeria (Eurocham) Annual Conference and Expo, have emphasised that predictable and stable economic regulations are essential to sustaining investor confidence and attracting long-term capital commitments. Speaking at the roundtable on European Business Perspectives in Nigeria, Chief Executive Officer, APM Terminals Nigeria, Frederik Klinke, said that while […] The post Consistent policies’ll accelerate Nigeria’s trade, investment outlook’ —Business leaders  appeared first on Vanguard News.

As FRC, SALI, RCRA sign MoU By Progress Godfrey Nigeria has taken a decisive step towards modernising corporate disclosure with the adoption of digital sustainable financial reporting, following the signing of a Memorandum of Understanding (MoU) between the Financial Reporting Council of Nigeria (FRC), SALI Technologies and Regulatory Compliance Readiness Advisors (RCRA), Limited. The concession agreement […] The post Nigeria set to adopt digital sustainable financial reporting appeared first on Vanguard News.

By Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has stated that the latest inflation data released by the National Bureau of Statistics (NBS) indicates a temporary easing of inflationary momentum, not yet a convergence toward a low and stable inflation regime. Recall that NBS, on Monday, reported that Nigeria’s headline inflation rate dropped to […] The post Lower inflation figure still temporal, not stability — LCCI appeared first on Vanguard News.

NNPC Limited will no longer collect and manage the 30 per cent Frontier Exploration Fund. The post Tinubu signs Executive Order that slashes NNPC’s revenue, directs remittance to Federation Account appeared first on Premium Times Nigeria.

The court held that it was “just and convenient” to grant the order after finding difficulties in enforcing the debt through ordinary means. The post Nigerian firm Eroton hit with receivership order in UK over $16.6 million debt appeared first on Premium Times Nigeria.