LGBTQ+ focused bank Daylight shuts down
An LGBTQ+ banking platform, Daylight, is shutting down it's operations. According to the CEO, Rob Curtis, the bank will cease operations on June 30. This comes months after New…
Economic group tells Tinubu how to end rising inflation
An economy oriented group has urged the incoming government of President-elect, Bola Ahmed Tinubu, to address foreign reserves inadequacies as the solution to rising inflation. In April, the National…
How Dangote Refinery will tackle fuel scarcity, import issues – IPMAN
Nigeria's Independent Petroleum Marketers Association of Nigeria has said that the opening of the Dangote refinery would solve the country's problems with fuel import and scarcity. Nairametrics reported that the Chairman of IPMAN…
Lagos Free Zone will boost Nigeria’s economy with N12bn – MD
The Managing Director/Chief Executive of the Lagos Free Zone, Mr. Dinesh Rathi, has reported that the Lagos Free Zone is anticipated to contribute $12 billion annually to Nigeria's Gross Domestic…
Why FG expanded Lagos airport passenger terminal – Sirika
By Wilson Adekumola The Minister of Aviation, Hadi Sirika, has explained why the Federal Government has expanded the passenger terminal at the airport in Lagos. Sirika explained these…
FG shuts down unlicensed fuel marketers
The Federal Government declared on Monday that no unlicensed petroleum product dealer would be permitted to load items starting on June 1, 2023, and that such enterprises would be…
Ekiti govt pays 289 pensioners N915m gratuity
Ekiti State government distributed cheques worth a total of N915 million to about 289 pensioners on Monday as gratuities in a move to fulfil one of the promises made by…
Why foreigners dominate Nigeria’s oil industry – FG
The Federal Government of Nigeria expressed concern at the 2023 Nigerian Oil and Gas Opportunity Fair, lamenting the fact that despite efforts to enhance the degree of indigenous firm engagement…
Nigerians’ use of eNaira disappointingly low – IMF
The eNaira's public adoption by the Nigerian populace has been deemed 'disappointingly low' by the International Monetary Fund. According to The PUNCH, this was presented in a recently published…
Dangote refinery kicks off with 435MW off-grid power plant
The President, Major General Muhammadu Buhari has officially opened the Dangote refinery, which is powered by a 435 MW power plant according to information released by the Dangote Group last…
Dangote refinery to create 135,000 permanent jobs – Emefiele
The governor of the Central Bank of Nigeria, Godwin Emefiele has stated that Dangote Refinery is set to create at least 135,000 permanent jobs. AmBusiness reported that he said this…
PHOTOS: Dagote refinery launches in Lagos
The much talked about Dangote refinery is to be launched today, May 22, 2023 and already invited guest, dignitaries and newsmen have been spotted at the event. The President,…
