Imported Petrol Cost Crashes Below Dangote Refinery Price
The landing cost of imported petrol in Nigeria has dropped to N1,041.52 per litre, N133.48 cheaper than Dangote Refinery's ex-gantry price, driven by falling global crude oil prices.
Category : Agriculture
Nigerian Businesses Face Dual Tax Deadlines Amid New E-Invoicing Rules
Thousands of Nigerian companies race to meet overlapping CIT and e-invoicing deadlines by June 30, risking errors and penalties without early preparation.
Petrol Prices Drop in Lagos and Ogun After Dangote Refinery Cut
Petrol pump prices have dropped in Lagos and Ogun after Dangote Refinery cut its gantry price by N75 per litre. Filling stations now sell between N1,199 and N1,245 per litre, but IPMAN says old stock delays full price adjustment.
Cross River communities of 500,000 cry out for power restoration
Over 500,000 residents of Yache communities in Cross River State appeal to the South-South Development Commission to restore electricity, citing years of infrastructure neglect.
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Japan Hikes Visa Fees for Nigerians 400%: First Since 1978
Japan raises single-entry visa fees for Nigerians and other foreigners from ¥3,000 to ¥15,000, a 400% increase effective July 1, 2026, citing inflation and rising administrative costs.
Financing Gaps Threaten Africa Universal Energy Access Report
A new report warns that fragmented delivery systems and high capital costs could slow Africa's universal energy access, requiring $15 billion annually by 2035.
PIND strengthens peacebuilding in Niger Delta host communities
PIND conducted capacity-building workshops for HCDT Peacebuilding Committees in Delta State, focusing on conflict management, dialogue facilitation, and resilience localization to strengthen community peace systems.
100,800 fertiliser bags for farmers in 5 states
The National Agricultural Development Fund has begun distributing 100,800 bags of fertiliser to 25,200 smallholder farmers across Kaduna, Kano, Katsina, Kebbi and Jigawa states.
Cement Price Hits N13,000, Deepens Housing Crisis in Nigeria
Cement prices in Nigeria have surged to N13,000 per bag, up from N5,000 in December 2023, worsening the housing crisis and raising costs for blocks and concrete.
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NIMASA, ITC-ILO Seal Deal to Boost Maritime Human Capacity
NIMASA and ITC-ILO signed an MoU in Turin, Italy, to enhance human capacity development in Nigeria's maritime sector through training and technical assistance.
NADF distributes 100,800 fertiliser bags to farmers
The National Agricultural Development Fund has started distributing 100,800 bags of fertiliser to 25,200 smallholder farmers across Kaduna, Kano, Katsina, Kebbi and Jigawa states to boost food production.
Bauchi-UNICEF Partnership Saves Children from Malnutrition
Bauchi State's partnership with UNICEF has procured N600m in nutrition supplements, saving thousands of children from severe acute malnutrition amid economic hardship.
NASENI, REA Seal Deal to Boost Local Renewable Energy
NASENI and REA signed an MoU to boost local renewable energy production, reduce imports, and expand off-grid electricity access under Nigeria First Policy.
Nigeria's Creator Economy Explodes: 250,000 Content Creators
Nigeria's creator economy now includes over 250,000 active content creators, with brands shifting marketing budgets to performance-led influencer partnerships, driving substantial incomes.
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New Trade Infrastructure Boosts Enugu's Investment Ambitions
The commissioning of the ECCIMA Premium Exhibition Hall in Enugu enhances the state's appeal to investors, with private sector support driving year-round business events.
FUD Professor Gets N25m TETFund Grant for Anti-Banditry Research
Professor Ado Garba Jangargari of Federal University Dutse wins a N25 million TETFund grant for research on tech-driven non-agricultural livelihoods to counter banditry and kidnapping in Northern Nigeria.
FG launches free digital TV platform, projects economic gains
The Federal Government launched a free digital TV platform to expand broadcasting access and boost Nigeria's creative and digital economy, with job creation and revenue growth expected.
LASTMA rescues 353 accident victims in five months
LASTMA rescued 353 accident victims from January to May 2026. General Manager Olalekan Bakare-Oki warns motorists to exercise caution during rainy season due to poor visibility and slippery roads.
PETROAN Demands Lower Fuel Prices From Dangote Refiners
PETROAN calls on Dangote Refinery and importers to reduce petrol prices as global crude oil falls to $77-$78 per barrel, urging consumer relief.
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Diesel Price War Deepens as Depots Undercut Dangote
Nigeria's diesel market sees aggressive price competition as prices drop below ₦1,500 per litre, with independent suppliers undercutting Dangote Refinery.
Nigeria to host largest solar steel plant in sub-Saharan Africa
Nigeria will host sub-Saharan Africa's largest solar-powered steel plant, as African Industries Group receives 500 hectares in Niger State and FG pledges power reforms.
Kaduna committed to business reforms, says Governor Sani
Governor Uba Sani reaffirms Kaduna State's commitment to business reforms, aligning with President Tinubu's agenda, as the state ranks second best in ease of doing business.
Nigeria secures 449,000 metric tonnes of fertiliser inputs: Tinubu
President Bola Tinubu announces Nigeria secured over 449,000 metric tonnes of fertiliser inputs, about nine million bags, to boost food security and support farmers.
ASIS 2026 Press Conference Sets Stage for July Summit
Sterling One Foundation and UN Nigeria unveiled the ASIS 2026 agenda in Abuja, targeting over $500 million in deals to finance sustainable development across Africa.
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All On invests $1m in Eja-Ice for solar cold chain expansion
All On invests $1 million in Eja-Ice Nigeria to expand solar-powered cold chain infrastructure, reducing post-harvest losses and improving energy access for off-grid communities.
Abia Governor Otti Urges Communities to Protect Upgraded PHCs
Abia Governor Alex Otti has called on communities to safeguard newly upgraded primary healthcare centres to ensure sustained healthcare delivery, warning that vandalism will not be tolerated.
Experts Urge Green Economy for Smart Cities in Nigeria
Environmental experts at NESt2026 in Abuja call for full adoption of green economy to build smart cities and promote sustainability, highlighting opportunities and investment pipelines.
Nigeria deploys RevOp to block revenue leakages via banks
Nigeria's Federal Government is using the Revenue Optimisation Assurance Platform (RevOp) via commercial banks to enhance revenue collection, transparency, and accountability, with over 70% of agencies onboarded.
Nigeria’s path to industrial self-reliance through tech transfer
Nigeria must pursue capability-building nationalism via technology transfer to achieve economic sovereignty, says NASENI CEO Khalil Halilu, outlining a pragmatic framework.
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Nigeria secures fertiliser for 2026, saves N61.58bn
Nigeria has secured sufficient fertiliser supplies for the 2026 wet farming season, avoiding potential shortages linked to global supply chain disruptions from Middle East tensions, achieving estimated savings of N61.58 billion.
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