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Oil Hits $100 as Middle East Escalation Raises Fresh Threat to Nigeria’s Fuel Prices

Oil and Gas Siaka Momoh -
 Olushola Bello   LAGOS — Global oil prices surged to $100 a barrel on Wednesday for the first time since July, adding fresh pressure to already volatile...

Dangote Refinery, NMDPRA Clash Over Propane Safety as Court Extends Non-Interference Order

Oil and Gas Siaka Momoh -
 Olushola Bello  LAGOS — A regulatory dispute between the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Dangote Petroleum Refinery over the handling and distribution...

CBN Intensifies Terrorism-Financing Oversight, Puts Financial Institutions on Alert

News Siaka Momoh -
 Olushola Bello   LAGOS — The Central Bank of Nigeria (CBN) has elevated terrorism-financing risk to a current supervisory priority, signalling tighter scrutiny of how banks and...

Mary-Brenda Akoda Wins 2026 Nigeria Prize for Science and Innovation for GenScan AI

News Siaka Momoh -
Olushola Bello  Mary-Brenda Akoda has won the 2026 Nigeria Prize for Science and Innovation (NPSI) for GenScan AI, an artificial intelligence-powered technology designed to dramatically...

Dangote Refinery Unveils N2.15tn IPO, Targets 10 Million Nigerian Investor

Oil and Gas Siaka Momoh -
‘The digital structure is intended to allow both first-time and experienced investors to apply for shares remotely, while strengthening the identification and verification process...

Pan-Atlantic University Mourns Professor Albert Alos, Pioneer Vice-Chancellor and Lagos Business School Founding Dean

News Siaka Momoh -
 Olushola Bello  Pan-Atlantic University has announced the death of Professor Albert Alos, its pioneer Vice-Chancellor and Founding Dean of Lagos Business School, who died on September...

26 Nigerian States Depend on FAAC as IGR Falls Short of Wage Bills

News Siaka Momoh -
 Olushola Bello  ABUJA, Nigeria — At least 26 of 34 Nigerian states could not generate enough Internally Generated Revenue (IGR) to cover personnel costs in 2025,...

Nigerian Refiners Seek Presidential Action on Naira-for-Crude, Domestic Crude Supply

Oil and Gas Siaka Momoh -
ABUJA, Nigeria — Nigeria’s refinery owners have called for urgent presidential intervention to establish a predictable naira-for-crude framework and commercially viable domestic crude pricing system, warning...

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