Business

Dangote refinery boosts African fuel, fertiliser exports

Dangote refinery boosts African fuel, fertiliser exports

The Dangote refinery, Africa’s largest, has ramped up exports of petrol and urea to African countries affected by supply disruptions…
Nigeria shifts from oil to tax-driven revenues

Nigeria shifts from oil to tax-driven revenues

Nigeria earned an estimated N161.1 trillion in revenues from oil and non-oil sectors between 2010 and 2024, with recent data…
Ondo targets investors for coastal tourism development

Ondo targets investors for coastal tourism development

Governor Lucky Aiyedatiwa of Ondo, has intensified efforts to attract private investment into the state’s coastal tourism sector, saying his…
Air Peace plans London–Ogun flights

Air Peace plans London–Ogun flights

Air Peace has announced plans to begin international flight operations connecting London to Gateway International Airport in Ogun State this…
Banks’ CBN deposits hit N128.9trn in March

Banks’ CBN deposits hit N128.9trn in March

Deposits by Nigerian banks with the Central Bank of Nigeria (CBN) soared to a historic N128.9 trillion in March 2026,…
Nigeria revenue service takes over mineral royalties, ministry retains oversight

Nigeria revenue service takes over mineral royalties, ministry retains oversight

The administration of mineral royalties from mining operations across Nigeria has officially transitioned to the Nigeria Revenue Service, while the…
Seplat Energy workers launch indefinite strike, threatening Nigeria’s oil output

Seplat Energy workers launch indefinite strike, threatening Nigeria’s oil output

Workers at Seplat Energy, Nigeria’s largest independent oil and gas producer, have commenced an indefinite strike, raising concerns over potential…
CBN reassures Nigerians on banks stability, unveils new payment systems committee

CBN reassures Nigerians on banks stability, unveils new payment systems committee

The Central Bank of Nigeria on Thursday assured the public that Union Bank, Keystone Bank, and Polaris Bank have the…
World Bank hails Nigeria as model for economic reform

World Bank hails Nigeria as model for economic reform

The World Bank has declared Nigeria an emerging model for economic reform among developing nations, pledging continued support for the…
Nigeria’s oil reserves dip despite N450bn frontier fund

Nigeria’s oil reserves dip despite N450bn frontier fund

Nigeria’s crude oil reserves have continued a three-year downward trend, despite the establishment of the Frontier Exploration Fund (FEF), which…
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