North Korea Ramps Up Missile Production for 2026
North Korea's Kim Jong Un has directed factories to massively increase missile output by 2026, citing military needs and deepening cooperation with Russia. Read the full analysis.
Category : Search result: local production
OML 30 Sees Rising Production After Major Restructuring
Heritage Energy says years of restructuring and investment in OML 30 are now yielding rising production and stronger reserves. The firm prioritized long-term stability over short-term gains.
Govt Trains Scientists on mRNA Tech for Malaria Vaccines
The Federal Government has trained Nigerian scientists in mRNA technology to boost local malaria vaccine production. This initiative aims to enhance health security and reduce import dependence.
Iyabo Ojo confirms new Banana Island mansion rumours
Nollywood star Iyabo Ojo subtly confirms acquiring a new home in Banana Island, Lagos. She also reveals plans to convert her former residence into service apartments and a movie production hub.
Nigeria Aims to Resume Oil Production in Ogoniland
The Nigerian government is pushing to resume crude oil production in Ogoniland, Rivers State, marking a major shift in a long-standing dispute. Read about the new peace efforts and economic implications.
Don Calls for Urgent Action on Nigeria's Food Crisis
A professor warns Nigeria's food insecurity is a national security threat, with 26.5 million facing acute hunger. He calls for urgent action on security and production. Read more.
Tinubu hails Ogoni peace pact ahead of oil resumption
President Tinubu commends Ogoni peace efforts for oil revival, but activists demand justice and environmental cleanup first. Read the full story on the tensions and government plans.
PETROAN: N58.18tr 2026 Budget Achievable with 1.84mbpd
PETROAN endorses Nigeria's 2026 budget, citing realistic oil targets. It urges transparent privatisation of state refineries by Q1 2026 and highlights security, host communities, and regulatory funding as key to success.
Indigenous Firms Control 50% of Nigeria's Oil, Gas Output
The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Bollywood Profits Squeezed by Star Fees, Entourages
Bollywood producers reveal how stars' multi-million dollar fees and lavish demands for entourages and trailers are crippling film finances. Discover the industry's call for change.
Civil Society Rates NNPC Boss High on Performance
A coalition of civil society groups has commended NNPC GCEO Engr. Bashir Bayo Ojulari for transformative leadership, citing record profits and increased oil production. Read the full appraisal here.
Civil Society Commends NNPC's Ojulari for Oil Sector Turnaround
A civil society coalition has lauded NNPC Ltd's CEO, Bashir Bayo Ojulari, for transformative leadership that increased crude production to a 36-year high of 355,000 bpd and drove record profits. Read the full appraisal.
Nigeria's Fish Production Rises to 1.4m Tonnes
Minister Oyetola reveals Nigeria's local fish output increased to 1.4 million metric tonnes in 2025, a key step for food security and reducing imports. Discover the government's strategy for growth.
Nigeria's oil rigs stuck at 41 amid OPEC expansion
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
Troops rescue 14 captives in Orokam Forest operation
Nigerian Army troops, in a joint operation, have freed 14 kidnapped victims from a hideout in Orokam Forest. The successful raid followed community intelligence. Read the full details of the rescue mission.
PromoPrint Marks 25 Years of Nigerian Manufacturing Resilience
PromoPrint Ventures celebrates 25 years, highlighting local manufacturing resilience, innovation, and the shift from import dependence. Read the inspiring story of Nigerian enterprise.
Dangote Aims to Make Nigeria Top Fertiliser Producer by 2028
Aliko Dangote reveals plans to quadruple urea production, positioning Nigeria as the world's leading fertiliser exporter. He urges African investors to drive continental growth.
Why Rare Earth Metals Are Crucial for Tech and Energy
Discover how 'rare earth' metals from China power everything from smartphones to fighter jets. As the EU plans to boost production, learn why these elements are a global strategic chip.
Nigeria eyes $10bn from 50 oil blocks lease
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
Experts Urge Reforms to Stabilise Nigerian Economy by 2026
Finance experts at an ICAN event in Ibadan call for urgent policy reforms, economic diversification, and boosted local production to stabilise Nigeria's economy ahead of 2026, warning against inflation and oil reliance.
OPEC Keeps Nigeria's Oil Output at 1.5m bpd to 2026
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
Anambra's 220M Palm Seedlings Boost Agriculture
Anambra State government has distributed 220 million palm seedlings to 180,000 households in two years, supporting the 'One Family, 20 Palms' project to revive palm oil production and achieve food security.
OPEC+ Pauses Oil Output Hikes Until March 2026
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ Likely to Maintain Current Oil Production Levels
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
Hungary's Hollywood on Danube Faces Trump Tariffs
Hungary's booming $1 billion film industry, dubbed 'Hollywood on the Danube,' faces existential threat from proposed US tariffs. Learn how this impacts global film production.
OPEC+ Expected to Maintain Current Oil Output Levels
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Anambra Gives 220M Palm Seedlings to Households
Anambra State has distributed 220 million palm seedlings to 180,000 households in two years under Governor Soludo's agricultural revolution. Discover how this initiative aims to transform the state's economy.
Nigeria's Petrol Consumption Hits 56.74M Litres Daily
New data reveals Nigeria consumed 56.74 million litres of petrol daily in October 2025, with Dangote Refinery producing 18.03 million litres. Discover the full energy consumption breakdown.
Jigawa Partners AfricaRice for 3.6M MT Rice by 2030
Jigawa State partners with AfricaRice to produce 3.6 million metric tonnes of rice annually by 2030, contributing 40% of Nigeria's rice needs through climate-smart innovations.
Feedlot Nigeria Expands to 5000 Cattle Herds
Feedlot Nigeria boosts cattle capacity to 5000 herds, enhancing local beef production and reducing import dependency. Discover how this expansion transforms Nigeria's agricultural sector.
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