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 : Business
AstraZeneca Profit Soars with 19% Revenue Growth
British-Swedish pharmaceutical giant AstraZeneca reports massive profit jump with 19% revenue growth. Discover how emerging markets and cancer drugs drove this impressive performance.
South-South Crucial to Nigeria's Blue Economy - Oyetola
Nigeria's Maritime Minister Adegboyega Oyetola reveals how the South-South region holds the key to unlocking Nigeria's multi-billion dollar blue economy potential through strategic investment and development.
Gov Bago Commissions SON Office in Niger State
Niger State Governor Mohammed Umaru Bago has officially commissioned the new Standards Organisation of Nigeria (SON) office complex in Minna, marking a significant milestone in the state's economic development and consumer protection efforts.
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SEC Chief Urges Registrars to Embrace Innovation
SEC Director-General Timi Owoturo challenges registrars to drive efficiency and technological advancement in Nigeria's capital market operations.
France Urges EU Sanctions Against Shein Over Labour Concerns
French officials demand EU-wide investigation into Shein's supply chain amid forced labour allegations. Learn how this could impact fast fashion in Europe.
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.
Jubaili Bros & Perkins Unveil Nigeria Energy Solutions
Leading power generation companies Jubaili Bros and Perkins Engines have launched innovative power solutions while mapping Nigeria's energy transition pathway towards sustainable development.
FULafia to Plant 1 Million Trees Against Desertification
Federal University of Lafia launches massive environmental campaign to combat desert encroachment through strategic tree planting initiative across multiple states.
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Nuli Boosts Africa's Economic Diversification & US Exports
Nuli announces strategic initiative to boost Africa's economic diversification and increase exports to United States, creating new opportunities for continental growth.
Katsina Launches ₦31.8B Zobe Water Project
Governor Dikko Radda launches massive water infrastructure project in Katsina State, promising to provide clean water to over 500,000 residents and transform agricultural activities in the region.
Nigeria Sells $2.35B Eurobond to International Investors
The Federal Government of Nigeria has successfully raised $2.35 billion through Eurobond sales, attracting strong international investor confidence despite global economic challenges.
Neimeth Pharmaceuticals Profit Soars 120%
Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.
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.
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Ferry Transport to Boost Nigerian Economy - Minister
Nigeria's Minister of Transportation unveils ambitious ferry transportation initiative to boost economic growth, create jobs, and transform waterway connectivity across the nation.
PENCOM & NAICOM Enforce Pension-Insurance Compliance
Nigeria's pension and insurance regulators join forces in groundbreaking collaboration to ensure strict compliance, protect workers' benefits, and strengthen the financial security landscape.
Naira Falls Again: Loses Ground Against US Dollar
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
US Government Shutdown Forces Flight Cancellations - Crisis Deepens
The longest US government shutdown continues to cripple aviation operations, forcing flight cancellations and raising global economic concerns. Expert analysis reveals escalating consequences.
Nigeria-Germany Alliance for $1 Trillion Economy
Budget Minister Atiku Bagudu announces strategic collaboration with Germany to accelerate Nigeria's ambitious journey toward a $1 trillion economy through targeted investments and economic reforms.
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Elon Musk's $56B Tesla Pay Package Faces Shareholder Vote
Tesla shareholders are voting on Elon Musk's controversial $56 billion compensation package that could become the largest CEO pay deal ever. Discover the high-stakes battle and what it means for Tesla's future.
German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
Osinbajo: Stop Celebrating Worthless GDP Figures
Former Nigerian Vice President Yemi Osinbajo delivers powerful critique of Africa's GDP obsession, urging governments to focus on real economic development instead of meaningless statistics.
COP 30: Nigeria's Climate Moment of Truth
As COP 30 approaches, Nigeria faces a critical turning point in the global climate crisis. Discover why this summit represents our last best chance for meaningful climate action and what it means for Africa's future.
PENCOM & NAICOM Order Pension Compliance Enforcement
Nigeria's pension and insurance regulators issue joint directive mandating insurance companies to verify RSA compliance before processing policies, marking significant regulatory alignment.
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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.
Senate Finds Toxic Chemicals in Nigeria's Food Chain
Shocking Senate investigation reveals widespread use of banned toxic chemicals in food preservation across Nigeria, posing severe health risks to millions of citizens.
FG to dredge southern ports to 16m draft
Federal Government unveils ambitious plan to dredge southern ports to 16-meter draft, aiming to attract larger vessels and revitalize maritime trade across Nigeria's coastal regions.
Nigeria Stock Crisis: ₦1.3Trn Lost in Day
Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.
US-Nigeria Rift May Widen Poverty - Economist
Renowned economist Professor Godwin Owoh warns that deteriorating relations with the United States could have devastating consequences for Nigeria's economy, potentially pushing millions into poverty and stalling development.
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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.
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