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Government secures $747m loan for Lagos–Calabar coastal highway

Nigeria obtained a $747 million syndicated facility led by Deutsche Bank to finance the first 47.5 km of the planned 700 km Lagos–Calabar coastal...

JAMB sets 2025/26 university cut‑off at 150, bars under‑16

Following its 2025 policy meeting, JAMB fixed the minimum cut‑off for universities at 150, with additional benchmarks for other tertiary categories, and reaffirmed a...

Local firms spearhead next growth phase in Nigeria’s oil sector

Indigenous operators are expanding their footprint by acquiring onshore and shallow‑water assets divested by international majors. Green Energy launched a locally built onshore terminal...

Refinery extends U.S. WTI crude buying spree into July

Trading sources said the Dangote refinery booked at least five million barrels of U.S. WTI crude for July delivery, extending record purchases seen in...

Shell to acquire TotalEnergies’ 12.5% stake in Bonga for $510m

TotalEnergies agreed to sell its 12.5% stake in the offshore Bonga oilfield to Shell for $510 million, raising Shell’s interest to 67.5% pending approvals....

Eric Chelle appointed Super Eagles head coach

The Nigeria Football Federation appointed Eric Chelle as head coach of the men’s national team, tasking him with reviving World Cup qualifying prospects and...

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