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Tinubu appoints Abel Enitan as head of civil

  • 19th August 2026

Ekiti approves ₦3bn for new high court office

  • 19th August 2026

How FG spent N15.8tn subsidy removal savings

  • 19th August 2026

US tightens green card screening with new public

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Tinubu appoints Abel Enitan as head of civil service,

Business

FG borrowed ₦11.9tn in 31 months, says Oyedele

Finance

States’ 2026 budgets rise 47.5% to ₦40.14tn

Finance

Gombe approves ₦148.762m monthly subvention for state university

Finance

Blog

Dangote Refinery loses N32.5bn after petrol price cut
Oil and Gas

Dangote refinery to make first fuel shipment to Asia

Dangote Refinery is set to dispatch a shipment of low-sulfur straight-run fuel oil from Nigeria to Singapore this week, marking its debut in the Asian market, according to ship tracking data and market sources. This shipment establishes a new trade route from the recently inaugurated refinery to Asia, addressing the consistent demand for low-sulfur fuel […]

News

FG unveils 17 new oil blocks for bidding

The Federal Government has announced the addition of 17 deep offshore oil blocks to the 2024 Licensing Round for oil fields in Nigeria. This was disclosed in a statement by the Chief Executive Officer of Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, at the pre-bid conference for the 2024 licencing round in Lagos on Tuesday, […]

News

Arik Air ordered to pay over $24,000 to ex-worker

An Industrial Court sitting in Lagos has ordered Arik Air to pay eight months’ salary arrears to an ex-worker, Mrs Andreia Perdigao, after she was wrongfully sacked. The Arik air worker approached the court after she was sacked in 2017, having worked for the airline for about three years, according to The Punch. She prayed […]

News

SMDF trains Nigerian geoscientists on cost/time-saving mineral exploration process

The Nigeria Solid Minerals Development Fund has conducted a one-day staff training following the signing of a Memorandum of Understanding with GeoScan GmbH of Berlin, Germany during the German Chancellor’s visit in October 2023. This was disclosed in a statement by the head of corporate communications of SDMF, Idowu Jokpeyibo, according to Businessday. Jokpeyibo stated […]

News

Asian, Turkish firms replacing Western multinationals exiting Nigeria – Report

As international corporations based in the United States and Europe leave Nigeria, Asian and local businesses are filling the hole. Last week, London-based Diageo Plc sold its controlling investment in Guinness Nigeria Plc to Singapore’s Tolaram Group Inc. The Fouani Group, a local company, operates a diaper and sanitary pad production in a property where […]

Ecobank raises $125m in oversubscribed Eurobond issuance
News

Ecobank commits to supporting ‘adire’ export

Ecobank Nigeria has reaffirmed its commitment to utilizing the African Continental Free Trade Agreement to increase the export potential of locally manufactured Adire textiles. This was disclosed by the Executive Director of Commercial Banking, Ecobank Nigeria, Kola Adeleke, at the ongoing third edition of the annual Ecobank ‘Adire Lagos Experience’, according to The Punch. The […]

Aviation

Keyamo, NCAA DG met dilapidated industry with poor infrastructure – Spokesperson

The Director of Public Affairs and Consumer Protection of the Nigeria Civil Aviation Authority, Michael Achimugu has said that Festus Keyamo the Minister of aviation and aerospace development, and Chris Najomo, Acting Director of General Civil Aviation were pivotal to Nigeria’s 71.04 per cent score during the recently concluded International Civil Aviation Organization conducted Universal […]

MultiChoice denies DStv, GOtv subscription prices claims
News

MultiChoice denies DStv, GOtv subscription prices claims

Multichoice, the parent company of DStv and GOtv, has denied claims that their subscription packages in Nigeria have been cut, according to Businessday. According to a company source, only decoder prices have been decreased, while subscription fees have not altered. “We only reduced our decoder prices and not subscription prices. “The DStv Zapper was slashed […]

Police rescue Fouani brothers abducted in Lagos
News

Police rescue Fouani brothers abducted in Lagos

The Lagos police command has announced the successful rescue of the three Fouani brothers, who were abducted on June 14. The brothers, identified as Abbas, Youssef, and Amtal Fouani, were reportedly kidnapped around 6 pm on June 14 while returning by boat from their factory in Apapa to Victoria Island. The Fouani brothers are associated […]

News

Capital market innovation will boost sustainable growth – SEC

The Director General of the Securities and Exchange Commission, Emomotimi Agama has called on capital market operators to embrace innovation, as a key factor in the capital market’s resilience, efficiency, openness, and sustainable growth. This was disclosed in a statement by Agama at the 2024 Capital Market Solicitors Association Annual Business Summit in Lagos with […]

AfDB, ECOWAS sign $12m agreement to boost Rice production
Business

AfDB to equal Italy’s $150m concessional loans across Africa

The African Development Bank has said that it will match the $150m in concessional loans and grants from Italy, which are meant to finance projects throughout the continent. This was disclosed in a statement by the AfDB on its website, as the operationalisation of Italy’s Mattei Plan for Africa gets underway. The Italian government had […]

News

African stakeholders to meet over $300bn blue economy

The President of Kenya, William Ruto, is scheduled to convene a summit on Africa’s blue economy, which is predicted to grow to $405 billion by 2030. This was disclosed in a press release titled ‘Blueinvest Africa 2024: An Invitation to Investors to Support the Blue Economy in Africa,’ according to The Punch. The organizers stated […]

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