Monthly Archives: August, 2025

Nigeria Secures $500 Million for Solar Manufacturing

Nigeria secures $500 million to boost solar manufacturing, aiming to expand renewable capacity and export locally made panels across Africa

Fuel Tax Won’t Begin Until Naira Strengthens or Oil Price Falls — Oyedele

Oyedele says Nigeria will delay 5% fuel surcharge until naira appreciates or oil prices drop to avoid price hikes.

Wema Bank Rally Lifts Adebutu’s Stake to $90 Million

Kessington Adebutu’s stake in Wema Bank has risen to almost $90 million as the bank’s shares rally 147% in 2025, driven by digital banking growth.

Nigeria’s Grazing Conflicts Take 2,800 Lives in 5 Years

Open grazing conflicts in Nigeria killed 2,800 in five years as weak laws and poor enforcement fuel violence and displacement.

NEITI Expresses Confidence in Ojulari to Drive Oil Reforms

NEITI backs Ojulari to deliver oil sector reforms, restore transparency, and attract $60 billion in investments for Nigeria’s energy future

Ondo Man Arrested in Death of Neighbor’s Son

Police arrest man in Ondo over neighbor’s son death, sparking outrage and calls for justice in Akure community.

Elumelu’s Heirs Energies Revives OML 17, Eyes 100,000 Barrels Daily

Heirs Energies OML 17 revival boosts oil output, expands local gas supply, and targets 100,000 barrels daily under Tony Elumelu’s leadership.

Opposition Parties Challenge INEC Over Voter Registration Data

Opposition parties question INEC’s voter registration numbers in Osun, warning that credibility is at risk ahead of the 2027 elections.

Dangote Signs $2.5 Billion Fertilizer Deal in Ethiopia

: Dangote fertilizer deal in Ethiopia worth $2.5B aims to cut imports, boost food security, and expand Africa’s farming sector.

Air Peace And Embraer Will Build A Maintenance Hub In Lagos

Air Peace and Embraer are working together to create a repair hub in Lagos. This will lower the cost of servicing planes from other countries and allow direct flights between Nigeria and Brazil starting in 2025.

Access Holdings Appoints Innocent Ike as Group CEO

Access Holdings appoints Innocent Ike as Group CEO after regulatory approval, with Bolaji Agbede returning to her executive director role.

Dangote, Ethiopia Sign $2.5 Billion Deal for Fertilizer Plant

Dangote and Ethiopia sign $2.5 billion deal for world’s largest fertilizer plant, aiming to boost agriculture and industrial growth.

Nigerians Spent N1.3 Trillion on Petrol in June

Nigerians spent N1.3 trillion on petrol in June, with Lagos, Ogun and Abuja leading demand as subsidy removal keeps prices high

PDP Leaders Woo Jonathan Amid 2027 Zoning Dispute

PDP leaders are courting Jonathan for the 2027 presidency as zoning sparks internal disputes and Olawepo-Hashim vows open contest.

Latest articles

Nigeria Secures $500 Million for Solar Manufacturing

Nigeria secures $500 million to boost solar manufacturing, aiming to expand renewable capacity and export locally made panels across Africa

Fuel Tax Won’t Begin Until Naira Strengthens or Oil Price Falls — Oyedele

Oyedele says Nigeria will delay 5% fuel surcharge until naira appreciates or oil prices drop to avoid price hikes.

Otedola Donates ₦4bn for Augustine University Engineering Block

Femi Otedola donates ₦4 billion to build a state-of-the-art electrical and electronics engineering block at Augustine University.

Military Arrests 15 More Officers Over Alleged Coup Plot in Nigeria

Nigeria’s military detains 15 more officers over an alleged coup plot, with investigators linking funds to a former governor and minister.