Nigeria has formally declared its readiness to host the 2026 Airports Council International (ACI) Africa Regional Conference and Exhibition after a high-level delegation from ACI Africa visited the Minister of …
Economy
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AviationBusinessEconomyGOVERNMENTInfrastructureNews
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BusinessEconomyEnergyGovernanceInfrastructureOil & Gas
NNPC sets June 2026 deadline for refinery partners
The Nigerian National Petroleum Company Limited has announced a new target of June 2026 to complete the selection of technical partners for the country’s three state-owned refineries. This marks another …
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AccountabilityAnti-CorruptionEconomyGOVERNMENTOil & GasPublic Finance
Audit Uncovers N61bn Irregularities in NNPCL’s Accounts
The Office of the Auditor-General for the Federation has uncovered 28 major financial irregularities linked to the Nigerian National Petroleum Company Limited, involving questionable payments, undocumented spending, and breaches of …
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EconomyFinanceGOVERNMENTInfrastructureNigeriaPensionPublic PolicyState News
States Owe Contractors, Retirees N1.06tn Despite Record Revenues — BudgIT
A new report by BudgIT has revealed that states across Nigeria owe contractors and retirees a combined N1.06tn, even though they received record-high revenue allocations in 2024. The figures, contained …
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BusinessDevelopmentEconomyEntrepreneurshipNigeriaYouth
Foundation disburses $180,000 to entrepreneurs
The Mary Ojulary Foundation has disclosed that its financial support to young Nigerian entrepreneurs has now reached $180,000, reflecting its growing commitment to helping small businesses grow across the country. …
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AgribusinessAgricultureEconomyFinanceINVESTMENTNigeria
Valency Agro Nigeria Completes N13bn Commercial Paper and Exports
Valency Agro Nigeria Limited has strengthened its position as one of Nigeria’s leading agro-processing and export companies with the completion of a N13bn Commercial Paper issuance. The issuance, which is …
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BankingEconomyFinanceGovernancePublic Accountability
Audit Alleges CBN Re-Circulated N29.77bn Dirty Notes Under Emefiele, Violating Clean Note Policy
The Office of the Auditor-General of the Federation has accused the Central Bank of Nigeria, under former Governor Godwin Emefiele, of re-circulating dirty and unfit banknotes valued at N29.77bn in …
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BusinessEconomyEnergyManufacturingNigeria
MAN Raises Alarm as Manufacturers Spend N676.6bn on Alternative Energy in Six Months
The Manufacturers Association of Nigeria has warned that the country’s unreliable and expensive electricity supply continues to frustrate industrial growth, as manufacturers spent N676.6bn on alternative energy in the first …
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British American Tobacco Nigeria (BAT Nigeria) has received praise for its strong contribution to Nigeria’s manufacturing industry, after recording more than $300 million in export earnings between 2022 and 2024. …
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BusinessEconomyGovernment PolicyIndustryManufacturingNewsNigeria
Nigeria’s Manufacturing Sector Under Pressure as MAN Warns of Tough Business Climate
by Radarr Adminby Radarr AdminThe Manufacturers Association of Nigeria (MAN) has again raised alarm over the difficult situation facing the country’s manufacturing sector. The association said the Nigerian business environment has become so challenging …