FG targets substandard goods via enhanced measurement standards
The Federal Government has reiterated its commitment to strengthening standardisation, quality assurance, and metrology as part of its efforts to drive industrial growth, protect...
AfCFTA: FG drives Nigerian startups toward continental expansion
The Federal Government has declared that the African Continental Free Trade Area has moved beyond negotiations and entered a critical implementation phase, urging Nigerian...
Dangote hosts Otedola, First HoldCo executives at refinery
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, on Wednesday hosted the Chairman of First HoldCo Plc, Femi Otedola, alongside senior executives...
Dangote unveils plan for multi-billion-dollar Olokola seaport
Dangote Industries Limited has commenced preliminary processes for the construction of a deep-sea port spanning over 10,000 hectares at the Olokola Free Trade Zone...
Lagos bans petroleum tankers from transporting edible oil
The Lagos State Government has banned the use of petroleum tankers in the transportation and distribution of edible oil as part of efforts to...
Investment platform ‘XM Future Music Group’ collapses, locking users’ capital
Another online investment platform identified as “XM Future Music Group” has reportedly crashed, leaving many Nigerians stranded and unable to access their funds.
The platform...
Femi Otedola acquires £53m London mansion — Report
Nigerian businessman Femi Otedola has acquired a mansion in London for £53 million (about $72 million), adding to recent high-value property transactions in the...
Dangote declines NNPC refinery stake expansion
The President of the Dangote Group, Alhaji Aliko Dangote, has said the group rejected requests by the Nigerian National Petroleum Company Limited to increase...
Nigeria misses OPEC oil production quota again
Again, Nigeria has missed its crude oil production quota set by the Organisation of the Petroleum Exporting Countries after averaging 1.49 million barrels per...
Dangote exports 1.66bn litres fuel amid US-Iran tensions
Fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority has shown that the Dangote Petroleum Refinery & Petrochemicals exported an estimated 1.66...
NNPC, NUPRC remit N322bn, $116.9m following Tinubu’s direct revenue order
The Nigerian National Petroleum Company Limited and the Nigerian Upstream Petroleum Regulatory Commission remitted over N322bn and $116.9m into the Federation Account within two...
FG, World Bank in talks over second-largest $1.25bn facility
The Federal Government has stepped up engagement with the World Bank for a fresh $1.25bn loan to support economic reforms, job creation, and competitiveness,...
Ministry trains Oyo farmers to boost dairy production
The Federal Ministry of Livestock Development has trained 100 small-scale dairy farmers in Ibadan, Oyo State, as part of efforts to strengthen Nigeria’s dairy...
FirstHoldCo seeks approval for N1tn capital boost
FirstHoldCo Plc, the parent entity of Nigeria’s oldest commercial lender (First Bank), is moving to double the regulatory capital ceiling for international banks, signaling...
Pricing War: Local Refiners Dump $3.13bn Crude Supply
Domestic refiners in Nigeria left an estimated $3.13bn worth of crude oil unlifted in the first quarter of 2026, highlighting deepening inefficiencies in the...
FULL LIST: Top 10 best airlines in 2026
AirlineRatings.com has released its 2026 World’s Best Airline Awards, with Qatar Airways ranked as the top full-service airline globally.
The annual rankings, which assess airlines...
No Going Back: FG Rules Out Fuel Subsidy Return and Price Controls
Nigeria’s Coordinating Minister of the Economy and Minister of Finance, Taiwo Oyedele, has said the federal government will not reintroduce subsidies or impose price...
Dangote refinery hikes petrol price to ₦1,350
Dangote Refinery has effected another upward price adjustment, raising its ex-depot price of Premium Motor Spirit to N1,350 per litre.
The latest adjustment, confirmed on...
Otedola dismisses reports of funding Dangote refinery
Billionaire businessman, Femi Otedola, has dismissed claims that he financed the Dangote Petroleum Refinery, describing the reports as false and misleading.
In a post shared...
Dangote dismisses Elumelu rift, refinery funding rumors
The Dangote Group has dismissed as false and malicious claims of a rift between its President, Aliko Dangote, and the Chairman of Heirs Holdings,...