The Natural Oil & Gas Suppliers Association of Nigeria (NOGASA) has threatened to suspend its operations if Dangote Refinery proceeds with its planned direct distribution of petroleum products to end …
Nigerian economy
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BusinessDangote IndustriesEconomyEnergyLabourOil & Gas
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BusinessEconomyEnergyInfrastructureINVESTMENTTrade and Commerce
UK Businesses Eye Nigeria, Africa for Strategic Growth Amid Mineral Wealth, Reforms
British businesses are showing growing interest in Nigeria and other African countries as the continent becomes a key target for international investments. This development is driven by Africa’s vast mineral …
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BusinessDevelopmentEconomyINVESTMENTLeadershipNigeriaOil & Gas
Dangote Urges Wealthy Nigerians to Invest Locally, Says Economic Growth Depends on Domestic Investment
Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has called on wealthy Nigerians and African entrepreneurs to invest within their countries, stressing that it remains the only …
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EconomyEducationGOVERNMENTNigeriaPoliticsSecurity
Minister of Information Says Nigerian Economy is Improving
The Minister of Information and National Orientation, Mohammed Idris, has said that Nigeria’s economy is showing steady signs of improvement due to the series of reforms introduced by President Bola …
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BusinessEconomyFintechTechnology
Transactpay Launches ₦20 Million Grant to Support Young Nigerian Entrepreneurs
A Nigerian fintech company, Transactworld Digital, has launched a new ₦20 million business grant to support young entrepreneurs and small businesses across the country. The initiative, called the Transactpay Thrive …
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Banking, Finance & InvestmentEconomyEnergyFinance & ServicesGOVERNMENTINVESTMENTPolicies
Nigeria’s Eurobond Yields Drop to Two-Month Low as Oil Prices Rise
Yields on Nigeria’s Eurobonds have fallen to their lowest point in two months, following a rise in global oil prices and renewed confidence from international investors. This development is seen …
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Banking, Finance & InvestmentEconomyMarketsNewsNigeriaPoliciesTrade and Commerce
Standard Chartered Urges Africa to Leverage Regional Trade
Standard Chartered Bank Nigeria Limited has called on African countries to take advantage of emerging global trade shifts by strengthening regional value chains and reviewing their exposure to international markets. …
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The Corporate Affairs Commission (CAC) has announced that it will begin implementing new service charges starting from August 1, 2025. The agency said the fee adjustment became necessary due to …
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EconomyNewsNigeriaPoliticsSecurity
Senator Ali Ndume Rejects Early Tinubu 2027 Endorsement, Cites Economic, Security Concerns
Senator Ali Ndume, the lawmaker representing Borno South Senatorial District, has openly distanced himself from the recent endorsement of President Bola Ahmed Tinubu for a second term in office. The …
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ABUJA, Nigeria — The Federal Government has said the removal of petrol subsidy by President Bola Ahmed Tinubu has ended a longstanding economic drain, saving Nigeria over $84 billion and …