Business

Domestic Gas Supply Hits 2.05bcf/day As NUPRC Unveils Swap Framework

Nigeria's domestic gas supply has risen to an average of 2.05 billion cubic feet (Bcf) per day in the first half of 2026, as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) moves to bridge the country's persistent domestic gas supply gap through a new Gas…

FG adopts Kaduna model to track out-of-school children nationwide

The Federal Government adopts Kaduna's household mapping model to accurately track out-of-school children nationwide, moving from estimates to data-driven

NMDPRA Pushes W’Africa Oil Price Benchmark

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has declared that the time has come for West Africa to determine the price of its petroleum products, arguing that it is no longer sustainable for a region rich in crude oil and gas to depend…

Imports from Nigeria rose 81% in H1 2026 — China

Chinese Embassy reports Nigeria's imports to China surged by 81% in H1 2026, driven by expanding bilateral trade and China's zero-tariff policy.

Wema Bank H1 Profit Rises To N131.37bn As Interest Income Drives Earnings Growth

Wema Bank Plc has reported a strong financial performance for the first half of 2026, with profit after tax rising by about 50 per cent to N131.37 billion, driven by robust growth in interest income and improved net interest earnings despite a decline in fee-based…

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