NNPC Boosts Crude Supply to Dangote Refinery in April
NNPC Trading supplied over 1.03 million metric tonnes of crude to Dangote refinery in April 2026, with eight cargoes from major Nigerian streams, supporting operations.
Category : Business
Wale Edun Speaks Out After Tinubu Sacks Him
Wale Edun reflects on his tenure as Finance Minister, calling it an honour. He highlights economic growth from 2% to 4% and inflation drop from 35% to 15%.
Dangote Refinery Starts Petrochemical Production, Reveals Uses
Dangote Refinery partners with Honeywell to produce propylene and LAB, targeting 750,000 tonnes of propylene and 400,000 tonnes of LAB annually.
NHRC, NGO Call for Enhanced Women Empowerment Policy
The NHRC and Thelema Lion Foundation urge deliberate policy implementation for women's economic empowerment at the 2026 Women Arise Symposium in Imo state.
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Group Hails Outgoing Housing Minister Dangiwa for Impact
Housing Development Advocacy Network praises outgoing Minister Arc. Ahmed Dangiwa for reforms, affordable housing focus, and stakeholder collaboration.
Moniepoint Playbook: Trust, Tech and Human Support in Banking
Moniepoint Microfinance Bank leads Nigeria's agency banking with a hybrid model blending technology and human support, driving financial inclusion and grassroots economic growth.
SMEDAN DG Urges ICSS Adoption for Enterprise Growth
SMEDAN's Charles Odii calls for ICSS adoption to boost MSME growth, citing 42,250 trained, 17,967 jobs created, and 60% women participation.
West Africa Charts Path for Water and Sanitation Reforms
West African leaders and experts convened in Abuja to launch consultations on the Africa Water Vision 2063 implementation plan, aiming to enhance water security and sustainable sanitation across the region.
Firm Claims 96% Oil Output in Niger Delta, Denies Sabotage
Abili Integrated Services Limited asserts it maintains 96% oil production in its operational areas, refuting sabotage allegations and calling for transparency in pipeline security management.
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Wale Edun's 7 Economic Policies and Their Impact on Nigerians
An analysis of Finance Minister Wale Edun's seven major economic policies, including naira float and subsidy removal, and their profound effects on Nigerian households and businesses during his tenure.
Reframing Nigeria's Electricity Policy: Seasonal Remedies
This analysis critiques Nigeria's electricity policy, arguing that tariff reforms alone cannot solve seasonal crises. It proposes operational fixes like reservoir management and medium-term changes such as solar expansion to address predictable annual bla
CBN Warns Public on New Fraud Methods Targeting Bank Customers
The Central Bank of Nigeria has issued a public alert about fraudulent messages falsely claiming to be from the bank, designed to steal personal and financial information. Nigerians are urged to avoid suspicious links and verify all communications.
Air Peace Wins West Africa's Top Airline Award Again in 2026
Nigeria's leading carrier, Air Peace, has been named the Best West Africa Sub-Regional Airline of the Year for the second consecutive time at the 2026 Nigerian Aviation Awards, highlighting its growing influence and commitment to regional connectivity.
192 Casualties in Nigeria's Power Sector Despite Safety Gains
The Nigerian Electricity Regulatory Commission reports 192 casualties from power-related accidents in 2025, with distribution companies bearing the brunt of safety failures despite slight declines.
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Poor Infrastructure Hinders Intra-African Trade and Integration
A new report reveals that dilapidated infrastructure is a major barrier to intra-African trade, with logistics costs far exceeding global benchmarks, hampering regional integration efforts.
Execution Gaps, Poor Coordination Slow Nigeria's Fibre Drive
Stakeholders warn that persistent coordination failures, fragmented implementation, and weak execution are undermining Nigeria's digital infrastructure expansion, despite government initiatives like Project BRIDGE and the National Dig-Once Policy.
Manufacturers Urge Investment to Revive Nigeria's Paper Industry
Local manufacturers highlight the paper industry's potential as Nigeria's second oil, decrying its decline and calling for private investment to boost production and exports.
Marketing Clinic Backs 10,000+ African MSMEs with Systems
The Marketing Clinic's March 2026 report reveals support for 10,306 African MSMEs, far exceeding initial targets. Founder Julian Etuokwu-Oludumila highlights systemic marketing and financial gaps hindering entrepreneurs.
Nigeria Among Countries with Cheapest Broadband Cost
Nigeria has secured the 49th position out of 214 countries in the World Broadband Price League 2026, with an average monthly broadband cost of $23.25, placing it among the most affordable globally according to Broadband Genie's comprehensive analysis.
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Savings Crisis Deepens as Nigerians Struggle Financially
A new report reveals a sharp decline in savings culture among Nigerians, with many lacking emergency funds and long-term financial security due to inflation and poor planning.
Alert Group Aims for N250bn Assets, N180bn Loans by 2026
Alert Group, with a new national microfinance banking licence from the CBN, plans to grow assets to N250 billion and loans to N180 billion by 2026, focusing on MSME financing.
FCCPC and Lagos Partner to Strengthen Consumer Protection
The Federal Competition and Consumer Protection Commission (FCCPC) and Lagos State Consumer Protection Agency (LASCOPA) have signed a memorandum of understanding to enhance enforcement and fair market practices in Nigeria's commercial hub.
Nigeria's Economic Vulnerability and the Need for Reform
This analysis critiques Nigeria's economic policies, highlighting failures in steel production, energy, and youth unemployment, urging strategic reforms to secure global influence amid geopolitical tensions.
HOC and Cersei Launch Global Citizenship Advocacy Community
HOC Capital Club partners with Cersei Partners to launch a global advocacy community promoting modern global citizenship, focusing on mobility rights, taxation, and cross-border investment for high-net-worth individuals and leaders.
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Experts Urge Long-Term Wealth Plans for Economic Stability
Financial experts at The Global Wealth and Legacy Forum in Lagos emphasize the critical need for long-term wealth planning and global investment strategies to combat inflation and currency volatility, highlighting legacy planning and offshore solutions.
Keyamo, Saudi Minister Discuss BASA Review for Hajj 2026
Nigeria's Aviation Minister Festus Keyamo met with Saudi Arabia's Transport Minister Saleh bin Nasser Al-Jasser in Riyadh to enhance the Bilateral Air Service Agreement, focusing on 2026 Hajj operations and aviation cooperation.
Shipping Firms Knock NPA Over Poor Services, Insecurity
The Shipping Association of Nigeria has raised concerns with the National Assembly about operational inefficiencies, inadequate tugboats, double billing, and security lapses at ports, impacting costs and competitiveness.
Credit Direct, Vivo Partner on Smartphone Credit Purchase
Credit Direct and Vivo Nigeria have signed an agreement to provide smartphones through installment payments, requiring a 20% down payment with the balance spread over six months, targeting over 200,000 device sales in the first year.
SEZs and Blue Economy Synergy Focus of 2026 MARCON Conference
Key stakeholders will gather in Rivers State to deliberate on aligning Special Economic Zones with Nigeria's blue economy agenda to drive sustainable growth and achieve a $1 trillion target by 2030.
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Sunwoda Energy Launches Advanced Storage in Nigeria
Farmtech Integrated Services, a subsidiary of Komponents and Solutions Rack Limited, has unveiled Sunwoda Energy's advanced storage technologies in Lagos, targeting residential, commercial, and industrial applications to boost Nigeria's clean energy trans
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