Nigeria’s Oil Output Nears 307m Barrels in Six Months
Nigeria’s petroleum production remained above 1.5 million barrels per day throughout the six months to August, with crude oil and condensate output reaching almost 307 million barrels. Data from the Nigerian Upstream Petroleum Regulatory Commission…
Power Output Climbs to 5,403MW, Nears All-Time Peak
Nigeria’s power sector recorded another strong performance on Tuesday as available electricity generation climbed above 5,400MW, bringing the national grid closer to its previous peak. Data from the Transmission Company of Nigeria showed that 5,403.3MW…
NGX Closes at Record High as Stocks Rally
The Nigerian Exchange continued its strong run on Wednesday, with renewed buying across major sectors sending the All-Share Index to a record closing level. The index gained 576.36 points during the session, rising from 250,614.66 to 251,191.02 points.…
US Targets Birth Tourism Facilitators With New Visa Rules
People who help organise birth tourism trips to the United States could now face visa restrictions under a new policy announced by the Trump administration. US Secretary of State Marco Rubio unveiled the measure on Wednesday, targeting individuals and…
Trump Extends G20 Invitation to Putin for Miami Summit
US President Donald Trump has extended an invitation to Russian President Vladimir Putin to attend the upcoming G20 summit in Miami. US Secretary of State Marco Rubio disclosed the invitation on Wednesday after meeting Russia’s Foreign Minister, Sergei…
Davido, Rema, Omah Lay Headline Afro Nation Portugal 2027
Afro Nation is bringing some of Africa’s biggest music acts together in Portugal next year, with Davido, Rema and Fally Ipupa announced as the festival’s first headliners. The organisers released the first wave of performers for the 2027 edition on…
Rudeboy Celebrates Wife Ifeoma as She Turns 26
It is a special day for singer Paul Okoye, popularly known as Rudeboy, as his wife, Ifeoma, clocks 26. The singer joined friends, family and fans in celebrating the birthday girl on Wednesday, September 23, with a public show of love on Instagram.…
Peter Okoye Pours Love on Son as He Turns 18
A new chapter has begun for Peter Okoye’s son, Cameron Nonso Okoye, as the teenager celebrates his 18th birthday. Peter, popularly known as Mr P, took to Instagram on Wednesday, September 23, to celebrate the milestone with an emotional message to his…
MAN Applauds CBN for Cutting Interest Rate to 23%
The Manufacturers Association of Nigeria has urged banks to make borrowing more affordable after the Central Bank of Nigeria lowered its benchmark interest rate to 23 per cent. MAN described the 350-basis-point reduction in the Monetary Policy Rate as a…
Davido’s Sister Opens Up on His Finances and Luxury Spending
Davido may be one of Afrobeats’ biggest stars, but his sister Sharon Ademefun says someone still has to keep an eye on his spending. Ademefun, who serves as the Chief Financial Officer of Davido Music Worldwide, revealed that she regularly meets with the…
