Dangote's Net Worth Soars to $33.2 Billion in 2026
Aliko Dangote's net worth surged to $33.2 billion in 2026, driven by his refinery's success, making Nigeria a net fuel exporter and expanding into petrochemicals.
Category : Business
BII Targets £9bn Africa Investment, Focuses on Frontier Markets
British International Investment unveils a five-year strategy to unlock £9 billion for Africa, prioritizing frontier markets, climate finance, and gender-focused investments.
Dangote Backs Uganda Mineral Ban, Eyes East Africa Refinery
Aliko Dangote praises Uganda's ban on unprocessed mineral exports and commits to building a refinery in East Africa, boosting regional value addition and industrialization.
Tinubu Approves N68bn for Maiduguri Power Plant
President Bola Tinubu has approved N68 billion for the Maiduguri Power Plant in Borno State, with monthly N2 billion interventions from March 2026 to December 2028.
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FG committed to innovative funding for agro-processing: Shettima
Vice President Kashim Shettima reaffirms FG's commitment to innovative financing for agricultural transformation, agro-processing, and export growth at AFCOT Grains facility inauguration in Kano.
FAAC Shares N2.03 Trillion March Revenue to FG, States, LGs
FAAC distributed N2.03 trillion for March 2026. FG got N789.15bn, states N657.59bn, LGs N468.82bn. Statutory and VAT revenues shared.
Sanwo-Olu, Marwa Warn on Blue Economy Security Threats
Lagos Governor Babajide Sanwo-Olu and NDLEA Chairman Marwa warn against increasing maritime security threats, calling for collaboration to protect Nigeria's blue economy.
Adelabu Resigns as Power Minister, Calls for Energy Reform
Adebayo Adelabu resigns as Nigeria's Minister of Power, urging President Tinubu to create a Coordinating Minister for Energy to tackle persistent blackouts and improve sector coordination.
FG Updates Banned Imports: Food, Drugs, Consumer Goods
Nigeria's 2026 trade policy bans 17 import categories including paracetamol, poultry, tomato paste, soap, and cement to boost local production and save forex.
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Man Buys 6kVA Solar Inverter After 1-Minute Daily Power, Shares Cost
A young Nigerian man bought a 6kVA solar inverter and 16kWh battery after experiencing just one minute of electricity per day. He shared the total cost online.
Nigeria Food Prices Drop 53% as Agriculture Recovers
Nigeria's food prices fall up to 53% as agriculture rebounds. Minister Kyari links food security to national stability, but challenges like high costs persist.
Fractured World Strengthens Case for African Infrastructure
Global trends like power scarcity and geopolitical fragmentation make African infrastructure a strategic investment opportunity, not a peripheral concern.
Abba Aliyu’s REA Leadership Driving Nigeria’s Renewable Energy Revolution
Abba Aliyu transforms Nigeria's renewable energy landscape through REA, attracting $1.2B private capital, deploying 500+ mini-grids, and positioning the nation as Africa's clean energy hub.
Tinubu Seeks Senate Nod for $516M Highway Loan
President Tinubu requests Senate approval for a $516 million loan from Deutsche Bank to construct the 1,000km Sokoto-Badagry Super Highway, aiming to boost connectivity and trade.
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Iran Gets First Hormuz Strait Tolls Revenue
Iran has collected initial revenue from tolls on ships passing through the Strait of Hormuz, marking a shift in the maritime standoff amid regional conflict.
Nigeria Begins Telecom Consumer Compensation Era
NCC announces automatic airtime refunds for telecom subscribers affected by poor service, marking the start of the Consumer Compensation Era in Nigeria.
Lagos Positions for Resilient Growth at World Ahead 2026
Governor Sanwo-Olu outlines Lagos' strategy for sustainable growth, innovation, and climate resilience at The World Ahead 2026 conference in Lagos.
Solar Founder Lists 5 Checks Before Installing Solar Panels
Nnorom Godwin Chidindu, founder of De-Dub Energy Supply, warns that bad installation is the real enemy of solar in Nigeria, not thunder. He lists five essential checks before installation.
Northern Leaders Cheer Dangote's Time 2026 Honor
Business leaders across northern Nigeria celebrate Aliko Dangote as the only Nigerian on Time Magazine's 2026 list of 100 most influential people, citing his industrial impact and philanthropy.
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FG Offers CNG at N200/Litre to Cut Transport Costs
The Nigerian government promotes CNG as a cheaper petrol alternative at N200 per litre, offering loans for conversion to reduce transport costs for millions.
Sunwoda Energy Launches Storage Solutions in Nigeria
Sunwoda Energy unveils advanced energy storage systems in Nigeria through a partnership with Farmtech and Komponents, targeting residential, commercial, and industrial applications.
Andray Finance Launches Ethical Mobile Lending App in Nigeria
Andray Finance launches a transparent mobile lending app to combat predatory practices, offering fair loans and privacy protection in Nigeria's digital lending market.
7 Things Draining Your Solar Power in Nigeria, Expert Reveals
Solar expert Emmanuel Aanu Ajayi reveals seven hidden factors that silently drain solar power in Nigerian homes, from old batteries to phantom loads and poor wiring.
FG adopts Imo initiative to tackle unemployment, boost economy
The Federal Government has approved nationwide scale-up of Imo's 'One Kindred, One Business Initiative' to tackle unemployment and boost the economy, VP Shettima announced.
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Andray Finance App Fights Predatory Lending in Nigeria
Andray Finance unveils a mobile app on Google Play and iOS to provide ethical credit options, challenging predatory lending practices in Nigeria.
African Entrepreneurs Target St. Kitts and Nevis IGS 2026
African entrepreneurs from Nigeria, South Africa, Egypt head to St. Kitts and Nevis for IGS 2026, the Caribbean's top investment event, fostering Africa-Caribbean deals.
FG to Grant Airlines Discount on Aviation Debt
The federal government plans to offer airlines a discount on debts owed to aviation agencies to cushion rising fuel costs, following a meeting with stakeholders.
Olubunmi Kuku: Transformative Leadership in Nigeria's Aviation
Olubunmi Kuku, FAAN's first female CEO, drives transformative reforms in Nigeria's aviation sector, focusing on infrastructure, safety, and economic growth.
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Nigerians Can Now Borrow Airtime and Data from 5 New Providers
The FCCPC has approved five new providers for airtime and data borrowing in Nigeria, replacing MTN and Airtel. Learn how the new system works and what to expect.
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Nigeria Targets $500B Milestone at Abuja Investment Summit
Nigeria aims for $500 billion in investment commitments at the World Investment Summit Abuja 2026, a key step toward its $1 trillion economy goal under the Renewed Hope Agenda.
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