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Dangote Refinery Takes Second Ghana Crude Shipment

Dangote’s refinery shifts toward West African crude as repairs slow operations, pulling in Ghana’s Sankofa grade while Nigeria increases fuel imports
News

Dangote Refinery Cuts Petrol Price to N699 Per Litre

Dangote Refinery cut its petrol price to N699 per litre, prompting quick adjustments across private depots as the fuel market reacts
News

BOI Disburses N1.27 Trillion Across Key Sectors

BOI disbursed N1.27 trillion across 14 sectors, strengthening industrial growth and supporting nearly 900,000 jobs through expanded credit programs.
News

South-East Residents Explain Monday Business Shutdowns

South-East residents say ongoing fears and uncertainty still force many businesses to remain closed on Mondays despite efforts to restore normal activity.
News

AEDC Lays Off 800 Workers as Power Supply Worsens

AEDC fires 800 workers after restructuring, raising concerns over worsening electricity supply and poor sector performance.
News

Food Imports Surge 45% as Local Production Struggles to Keep Up

Nigeria’s food imports jumped 45% in H1 2025 as insecurity and weak agricultural output hurt local production capacity.
News

Lekki Zone MD: Nigeria Remains Investor-Friendly

Lekki Free Zone MD Val Attah insists Nigeria remains viable investment destination, backed by reforms and strong investor confidence.
News

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.
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Otedola Celebrates Dangote’s $20 Billion Refinery

Femi Otedola praises Aliko Dangote’s $20 billion refinery expansion as a generational legacy reshaping Nigeria’s oil and energy landscape.
News

Dangote To Double Refinery Output To 1.4 Million Barrels Daily

Dangote plans to double his Lagos refinery output to 1.4 million barrels daily to boost Africa’s energy supply.
News

IMF Warns Nigeria on Rising Debt, Oil Risks Despite Reform Progress

IMF praises Nigeria’s economic reforms but warns that debt costs, fiscal pressures, and oil volatility could threaten recent recovery gains.
Business

Presco Profit Doubles on Strong Palm Oil Demand

Presco Plc reported over 100 percent profit growth in nine months, driven by strong palm oil demand, higher output, and improved efficiency.
News

Nigeria’s Raw Material Imports Hit N3.53trn in First Half of 2025

Nigeria’s raw material imports rose by 19.7% to N3.53 trillion in H1 2025, highlighting structural weaknesses and the failure of the country’s import substitution policy, according to industry experts.
News

Nigeria Losing Billions to Illicit Financial Flows, Says IMF

The IMF says illicit financial flows are worsening Nigeria’s revenue crisis as it pledges renewed support to track illegal fund movements.
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News

Dangote Refinery Takes Second Ghana Crude Shipment

Dangote’s refinery shifts toward West African crude as repairs slow operations, pulling in Ghana’s Sankofa grade while Nigeria increases fuel imports
News

Dangote Refinery Cuts Petrol Price to N699 Per Litre

Dangote Refinery cut its petrol price to N699 per litre, prompting quick adjustments across private depots as the fuel market reacts
News

Nigerian-American Announces 2026 California Governor Bid

Dr. Akinyemi Agbede, Nigerian-American mathematician, declares 2026 California governor bid, pledging evidence-driven leadership, inclusive policies, and a focus on education and innovation.
News

Supreme Court Reinstates Death Sentence In Maryam Sanda Case

Nigeria’s Supreme Court has reaffirmed the death sentence of Maryam Sanda, rejecting her appeal and faulting presidential clemency issued during a pending case.

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