Federal Reserve Chair Jerome Powell on Tuesday delivered his final speech before the Fed’s upcoming policy meeting, navigating a U.S. economy torn between strong growth, rising productivity, and mounting inflation risks. The address comes as policymakers grapple with incomplete economic data amid a U.S. government shutdown that has delayed the September jobs report and other …
World maritime powers are meeting in London this week to negotiate what could become a landmark climate deal for the global shipping industry. The proposed measure seeks to cut emissions, fund green energy, and push ships away from fossil fuels. At the heart of the talks is a plan to introduce a global fee on …
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has assured Nigerians that the recent surge in the price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, is temporary and will soon stabilise as domestic supply improves. In recent weeks, LPG prices have risen sharply from between ₦1,000 and ₦1,100 per kilogram …
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has taken a final investment decision (FID) on a new $2 billion gas project in offshore HI Field, in OML 144. The investment was done in partnership with Sunlink Energies and Resources Limited. The HI project is part of a joint venture …
The Federal Inland Revenue Service (FIRS) is set to hold the second edition of its 2025 Tax Clinic in Abuja through the Emerging Taxpayers’ Group (ETG). The initiative aims to simplify tax processes, educate citizens, and promote voluntary compliance ahead of the rollout of new tax laws. The one-day event, themed “Tax Clinic for Tax …
Zenith Bank Plc has paid a total of N51.3 billion as interim dividend to its shareholders for the Half Year (H1) 2025, at N1.25 per share. This reflects a 63.4 per cent increase from N31.4 billion paid in H1 2024. A statement released by the bank said the dividend payout, which was made on Friday, …
Nigeria's crude oil and condensate production dropped to an average of 1.581 million barrels per day in September 2025. This was revealed in the oil production data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Saturday, October 11. According to a statement signed by Eniola Akinkuotu, head of Media and Strategic Communication, NUPRC, …
The Nigeria Customs Service (NCS) has announced October 14, 2025, as the date for the final computer-based test (CBT) for all successful Superintendent Cadre applicants. In a statement released on its official X handle on Friday, the Service said the examination will hold simultaneously across the six geopolitical zones of the country. According to the …
Abuja residents are reeling under the weight of yet another energy crisis, this time, a sharp hike in both fuel and cooking gas prices that has left filling stations deserted, homes dark, and businesses struggling to survive. Over the past week, the cost of cooking gas in the FCT has surged from around ₦1,020 per …
Dangote Refinery has debunked reports claiming that it imported substandard Premium Motor Spirit (PMS), also known as petrol, into Nigeria. Some reports had claimed that the refinery imported petrol which contains a high level of sulphur. However, in a statement released Friday, October 10, 2025, the refinery management described the reports as “false, malicious, and …
