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Essential Nigeria News

Saturday, June 27, 2026 Volume XXIII Breaking News & Latest Updates
NNPC Signs Deal with Chinese Firm to Revive $2.4bn Refineries Business

NNPC Signs Deal With Chinese Firm To Revive $2.4bn Refineries

Nigeria’s state oil company, Nigerian National Petroleum Company Limited, has signed a new agreement with a Chinese partner to revive the country’s struggling state-owned refineries facilities that have reportedly consumed over $2.4 billion in past rehabilitation efforts. The deal is part of re...

By Esther Speaks May 05, 2026
FX Market Stagnates as Naira Holds Steady Outside Official Window Business

FX Market Stagnates As Naira Holds Steady Outside Official Window

The Nigerian Naira showed little movement in the parallel market, maintaining a steady rate even as the official foreign exchange window recorded zero...

35 0
1 month ago
Tinubu nominates Tegbe as new power minister News Xtra

Tinubu Nominates Tegbe As New Power Minister

President Bola Ahmed Tinubu has formally asked the Nigerian Senate to confirm the appointment of Joseph Tegbe as the new Minister of Power. The r...

40 0
1 month ago
President Tinubu Nominates Tegbe, Awaits Senate Confirmation

President Tinubu Nominates Tegbe, Awaits Senate Confirmation

Nigeria’s President, Bola Ahmed Tinubu, has formally requested the Senate’s confirmation of Tegbe for a ministerial position, signaling a possible add...

14 0
1 month ago
Banks Warn of Higher Charges as Compliance Costs Climb Business

Banks Warn Of Higher Charges As Compliance Costs Climb

 Customers may soon feel the impact of rising regulatory demands as banks signal plans to pass increasing tax compliance costs onto account holde...

25 0
1 month ago