Ogochukwu Onwaeze, THEWILL

The nine material cases met the ₦100 million materiality threshold and relate to disputes arising in the ordinary course of the refinery’s operations.

The Minister of Power, Joseph Tegbe, disclosed this during engagements with Chinese companies in Beijing as part of an ongoing Nigeria-China power sector mission.

Mumuni Dagazau, Executive Vice President, Downstream, NNPC Limited, disclosed this on Thursday in Abuja during the commissioning of a technology-driven service station with electric vehicle charging facilities on Bill Clinton Drive, Airport Road.

Market capitalisation rose from N157.049 trillion at the opening to N157.150 trillion at the close, representing a N101 billion increase.

Brent crude, the international benchmark, rose to around $105.21 per barrel, gaining more than 4 percent from $100.57 on Wednesday.

The Federal Government is targeting ₦1 trillion from investors through its September 2026 FGN bond auction, with the Debt Management Office (DMO) setting a minimum subscription of ₦50.001 million.

The NCAA and NAICOM have signed an MoU to strengthen aviation insurance oversight and improve protection for passengers, airlines, cargo owners and other industry stakeholders. The agreement provides for a Joint Technical Committee on Aviation Insurance to improve...

FirstBank of Nigeria invests more than ₦6 billion annually in cybersecurity as it strengthens efforts to protect customers and its operations against increasingly sophisticated cyber threats.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned beneficiaries of gas flare sites that their awards could be revoked if they fail to make sufficient progress in utilising the sites.

FX utilisation jumped 91.1 percent from $26.65 billion in 2024, reaching its highest level since 2019.