Dangote Refinery Triggers Fuel Price Competition in Nigeria
Nigerian petrol market sees intense competition as Dangote Refinery and importers adjust ex-depot prices. Latest updates on fuel costs and market dynamics revealed.
Category : Business
Open grazing now capital offence in Nigeria
Federal Government bans open grazing nationwide, declaring it a capital offence to curb farmer-herder conflicts. Minister urges adoption of ranching for better productivity.
Land Reform Key to Nigeria's $1trn Economy - Dangiwa
Housing Minister Dangiwa reveals land titling as Nigeria's surest path to $1 trillion economy. Learn how the Land4Growth program will unlock $300bn in dead capital.
Katsina invests N14bn in water conservation project
Katsina State Government begins N14.05 billion water conservation project in Faskari to fight desertification, boost agriculture and enhance water security for communities.
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FG Denies Open Grazing Ban, Plans Gradual Ranching Transition
Federal Government clarifies no nationwide ban on open grazing exists. Minister confirms gradual transition to modern ranching systems across Nigeria's 4.5 million hectares of grazing reserves.
Economic Triangle Proposed for S/South, S/East States
My-ACE China urges Rivers, Akwa Ibom, and Abia governors to create an economic corridor that could rival Lagos. The proposed triangle would leverage ports, fabrication capacity, and blue economy potential.
$3.5m Poultry Farm to Create 2,000 Jobs in Katsina
TORQ Agro invests $3.5 million in Katsina's largest poultry farm, creating 2,000 jobs and boosting agricultural economy. Groundbreaking ceremony set for November 27.
China Backs Nigeria's Push for Digital Ports
China offers technical support to modernize Nigeria's seaports, including automation and digital systems. Partnership aims to boost trade efficiency and maritime security.
China to Bid for Panama Canal Ports Construction
China plans to bid for building two new ports on the Panama Canal despite US concerns. The $8.5 billion project includes ports, gas pipeline and reservoir. Read more.
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Dangote Refinery Expansion Targets 1.4mbpd by 2028
Dangote Group partners with Honeywell International to expand refinery capacity to 1.4 million barrels daily by 2028, boosting Nigeria's energy security and economic growth.
FG Denies Open Grazing Ban, Backs Ranching
Federal Government clarifies no nationwide ban on open grazing exists. Minister Idi Maiha details a gradual transition to modern ranching systems using 4.5 million hectares of reserves.
FG to seize Dana Air assets for passenger refunds
FG considers recovering Dana Air's assets to refund passengers. NAMA extends operating hours for four airports. Get the latest aviation updates.
35 Million Nigerians Face Severe Hunger Due to Insecurity
UN warns rising insecurity in Northern Nigeria could push 35 million into severe hunger during 2026 lean season. WFP emergency resources deplete by December without urgent funding.
Asian Stocks Extend Rally as Fed Rate Cut Hopes Grow
Asian markets continue global rally as weak US data fuels Federal Reserve rate cut expectations. Trump's potential Fed pick Kevin Hassett adds to investor optimism. Tokyo and Seoul lead gains.
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China's Rare Earth Control Shapes US Trade Relations
China's decades-long strategy to dominate rare earth minerals gives Beijing crucial leverage in ongoing trade negotiations with the United States. Discover how this impacts global technology and defense sectors.
Nigeria's ICT development grows by 13% in 2025
Nigeria records 13% ICT growth according to ITU's 2025 index. Minister Bosun Tijani aims to increase sector's GDP contribution to 21% within 2-3 years. Read more about Nigeria's digital transformation.
VAS Operators See 25% Growth, Revenue Hits N83bn
Nigeria's Value-Added Service market exploded in 2024, recording a 25% subscription surge and a massive 470% revenue increase. Discover the drivers behind this telecom boom.
New PropTech Platform IGetHouse Launches in Lagos
IICOCECE Properties & Investment unveils IGetHouse, a property technology platform designed to solve Africa's housing challenges through verified listings and income-sensitive options.
Cross River, REA Partner to End Rural Power Blackouts
Cross River State and REA launch aggressive clean energy expansion to tackle electricity crisis affecting 15 local councils. Governor Otu reveals only 3 areas have consistent power.
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N850bn PIA Environmental Funds Not Implemented - Reps
House Committee warns of deepening ecological devastation in Niger Delta as Petroleum Industry Act environmental funds remain unimplemented four years after passage. Urgent action needed.
FSDH Bank disburses over N3bn to women entrepreneurs
FSDH Merchant Bank has disbursed over N3 billion in loans to women-led businesses over five years. Discover how this initiative is driving economic inclusion for Nigerian women.
UK Labour Government Announces Tax-Raising Budget
Britain's Labour government reveals tax-increasing budget to address £20 billion deficit, rising inflation and economic stagnation. Learn how this affects public services and households.
HEF 2025 Champions Ethical Business Growth in Nigeria
The 2025 Harvesters Entrepreneurship Forum emphasized scaling businesses with strategy, spirit, and structure. Learn how Nigerian entrepreneurs are building legacies of impact.
Firms Launch Digital-to-Print Services for Nigerian MSMEs
Kodak Moments and Studio 24 launch an affordable photo-printing package for Nigerian MSMEs. This initiative helps small businesses convert digital images into physical prints, creating new revenue streams. Explore the opportunities!
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BOI Unveils Business Clinic to Save Nigerian MSMEs
Bank of Industry launches structured Business Clinic model to address MSME survival crisis. Only 20% of Nigerian businesses survive past 5 years. New program targets 24,000 enterprises by 2027.
CLMI Demands Regulatory Commission for Logistics Sector
CLMI Chairman Prof. Simon Emeje calls for urgent establishment of regulatory commission to fix Nigeria's ailing logistics industry valued at $60 billion.
Golf Tournament CIO Classic to Spur Nigeria Tourism
Chief Ikenna Okafor reveals plans to grow the CIO Golf Classics into a major tourism driver for Nigeria, with prize money increasing to N100 million. Discover how golf can transform the economy.
Zenith Bank Future Forward 5.0 Tech Summit Highlights
Zenith Bank demonstrates strong commitment to Nigeria's tech ecosystem through Future Forward 5.0 summit featuring hackathons, startup pitches and innovation showcases in Lagos.
Tinubu Hails Ex-NNPC GMD Gaius-Obaseki at 80
President Bola Tinubu celebrates former NNPC GMD Dr. Jackson Gaius-Obaseki's 80th birthday, praising his decades of service in Nigeria's oil and gas sector. Read more about his remarkable career.
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Africa's $163bn Debt Crisis Needs EU Action
African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.
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