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Nigeria Records Salary Stability as Revenue Surge Funds Minimum Wage, Says Atoyebi

Nigeria’s long-standing wage crisis is now a thing of the past as increased government revenue and recent fiscal reforms have strengthened states’ ability to pay salaries, according to the Convener of the Bola Ahmed Tinubu Ideological Group (BAT-IG), Honourable Bamidele Atoyebi. Atoyebi stated that the removal of petrol subsidy under President Bola Ahmed Tinubu has […]

Foreign News News Politics

Global Energy Markets Rattled as Iran Re-Closes Strait of Hormuz Over Lebanon Conflict

  The fragile stability of global energy markets has been thrown into chaos once again as Iran officially closed the Strait of Hormuz on April 8, 2026. The move comes as a direct response to a surge in Israeli military operations in Lebanon, with Tehran demanding an immediate and permanent ceasefire. This blockade effectively halts […]

Article business Foreign News Mining Mining Politics

Nigeria’s Oil Output Hits 1.84m bpd On Improved Pipeline Security In Niger Delta, NNPC Says

    The Nigerian National Petroleum Company Limited (NNPCL) has said crude oil production grew from a historic low of 960,000 barrels per day (bpd) in 2022 to an average of 1.71 million bpd and a peak production of 1.84 million bpd in 2025.   The company attributed the growth to the establishment of integrated […]

Akume tasks panel on professionalism as FG reviews $200bn gas-power-rail proposal

The Secretary to the Government of the Federation (SGF), Senator George Akume, has charged members of the Federal Government’s Technical Committee reviewing the proposed $200 billion Integrated Gas, Power, and High-Speed Rail Project to approach their assignment with the highest level of professionalism, objectivity, and patriotism.   Akume said the committee’s collective expertise and institutional […]