Ondo Refinery Construction Begins - Economic Boom Ahead
Ondo State celebrates as refinery construction begins, promising job creation, economic growth, and energy independence for Nigeria's oil-rich region.
Category : Search result: Nigeria economy oil theft
Nigeria Signs Fashion Industry Transformation MOU
Nigeria's creative economy receives significant boost as Arts Minister signs strategic partnership with Afroliganza Sogea and Commonwealth Africa Fashion Alliance to transform fashion sector.
FG to Sell Nigeria's Dormant Refineries After Years of Losses
The Federal Government announces historic decision to sell Nigeria's dormant refineries, marking a major shift in the nation's energy sector after decades of operational failures and financial losses.
Dangote Refinery Slashes Diesel Price to ₦1,000/Litre
Aliko Dangote's mega refinery triggers nationwide economic shift with dramatic diesel price reduction, offering relief to Nigerian businesses and consumers amid inflation pressures.
Benue Market Shut Over Rampant Car Theft
Frustrated traders at Benue Modern Market have closed shop indefinitely following repeated vehicle thefts, demanding immediate government intervention and enhanced security measures.
Nigeria Lost $300B to Oil Theft - Senate Probe
Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.
Nigeria to Privatize Refineries in Historic Agreement
In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.
Nigeria's $2.25B Eurobond Oversubscribed by 400%
International investors demonstrate overwhelming faith in Nigeria's economy, oversubscribing the latest Eurobond offering by 400% despite global market uncertainties.
Nigeria's Digital Economy: Experts Decry Slow Progress
Energy sector leaders and technology experts express frustration over Nigeria's sluggish digital transformation, warning it threatens economic growth and global competitiveness.
Judicial Reforms to Drive Nigeria's N3T Blue Economy
Chief Justice Ariwoola and NIMASA DG Jamoh unite to transform Nigeria's judiciary, creating specialized courts to unlock the nation's massive blue economy potential and attract crucial investments.
Manufacturers Demand Privatization of Nigeria's Refineries
MAN advocates complete privatization of Nigeria's state-owned refineries to address persistent fuel shortages and boost manufacturing sector competitiveness.
Court dismisses Dangote's ₦100bn suit against NNPC
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
FG Plans Refinery Sale to Boost Competition
The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.
Nestlé MYOWBU: Creating Jobs in Nigeria
Discover how Nestlé Nigeria's MYOWBU program is transforming lives by creating sustainable employment opportunities and enhancing financial inclusion across Nigerian communities.
Ondo State Set for Multiple Refinery Projects
Ondo State is poised to become Nigeria's next energy hub as several companies finalize plans to establish refineries, creating thousands of jobs and transforming the regional economy.
China Defends Nigeria: 4 Reasons Against Trump's Strike Plan
Beijing launches fierce defense of Africa's largest economy as Trump considers economic strikes against Nigeria. Discover why China is taking Nigeria's side in this escalating diplomatic clash.
Trump Tariff Threat Shakes Nigeria-US Trade Relations
Former President Donald Trump's proposed tariff policies could severely impact Nigeria-US trade relations as America drops to sixth among Nigeria's trading partners. Analysis reveals potential consequences for Nigerian economy.
Dangote Refinery Cuts Petrol Price to ₦880.5/Litre
Dangote Refinery and its depots have significantly reduced petrol prices to ₦880.5 per litre, creating intense market competition and potential relief for Nigerian consumers.
Africa: 4th Largest Economy by 2050 Says WTO
Groundbreaking WTO analysis projects Africa's economic rise to global top four within decades, driven by population growth and strategic investments.
German Factory Orders Decline in June 2024
Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.
POS Terminals Fuel Nigeria's Cashless Economy Boom
Discover how POS terminals are reshaping Nigeria's financial landscape, creating jobs and bringing banking services to millions previously excluded from the formal system.
Vigilante catches phone thief with 17 stolen mobiles
A local vigilante member made a stunning arrest during Governor Umaru Radda's political event, catching a notorious phone thief with 17 stolen mobile phones in his possession.
Dangote Refinery Cuts Petrol Prices, Shakes Market
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
Nigeria's Football Passion Creates Business Opportunities
Discover how Nigeria's deep love for football is transforming into economic empowerment as local entrepreneurs turn stadium passion into profitable ventures across various sectors.
Nigeria Customs Forms Strategic Alliance with AfCFTA
The Nigeria Customs Service commits to stronger collaboration with African Continental Free Trade Area to enhance trade facilitation and economic integration across Africa.
NSCDC Arrests 5 Pipeline Vandals in Kwara
Kwara State witnesses major security breakthrough as NSCDC nabs five suspected pipeline vandals, recovering vehicles and equipment in strategic operation to protect critical national infrastructure.
Nigeria's Future: Substance Over Political Rhetoric
As Nigeria faces critical economic challenges, experts argue that deep structural reforms and consistent policies matter more than political grandstanding for sustainable development.
Global Experts Demand Action on Inequality Crisis
Economic experts worldwide are calling for an international panel to address the growing inequality crisis threatening global stability and economic growth.
Nigeria's Oil Chief to Address Pan-African Parliament
NUPRC CEO Gbenga Komolafe set to share Nigeria's oil and gas regulatory expertise with African lawmakers, focusing on sustainable energy development and economic growth across the continent.
$5B Funding for 500,000bpd Nigerian Refinery
In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.
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