CBN, policy shifts and economy, by Arize Nwobu
The Central Bank of Nigeria (CBN) has worked dedicatedly alongside the federal government and implemented policy shifts towards the reconfiguration of the economy to foster stability and sustainable growth, increase…
No new VAT charges on bank services – Revenue Service
The Nigeria Revenue Service (NRS) has dispelled news going rounds on the imposition of Value-Added Tax (VAT) on banking services, including electronic money transfer, fees and commission. Mr. Dare Adekanmbi,…
Dangote Refinery plans capacity expansion to 1.4m bpd in 3 years
The Dangote Petroleum Refinery has launched an expansion programme to more than double capacity from 650,000 barrels per day to 1.4 million within three years. The Managing Director and Chief…
TD Africa backs homegrown innovation at Enugu Tech Fest 2026
TD Africa has announced its role as Headline Sponsor of the Design Thinking Challenge (DTC) at Enugu Tech Fest 2026, reinforcing its long-standing commitment to strengthening Africa’s technology ecosystem through…
NiMet inaugurates AI team to advance weather forecasts
The Nigerian Meteorological Agency (NiMet) has inaugurated an Artificial Intelligent (AI) research and integration team to advance weather forecasting innovation. NiMet’s Director-General, Prof. Charles Anosike, in a statement in Abuja…
Nigeria, UAE trade pact opens duty-free access for Nigerian goods — Trade minister
Nigeria’s Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates will unlock duty-free access for thousands of Nigerian products, the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole,…
Nigeria’s $600m lithium processing plant completed, ready for formal inauguration – Alake
The Minister of Solid Minerals Development, Dr. Dele Alake, says Nigeria’s 600 million dollar lithium processing plant in Nasarawa State was completed and ready for formal inauguration. He said the…
Gold, Lithium plants position Nigeria as Africa’s minerals supply hub – Alake
The Minister of Solid Minerals Development, Dr. Dele Alake, has affirmed that the establishment of lithium processing and gold refining plants across Nigeria is positioning the country as Africa’s…
Bi-Courtney to introduce slot system at MMA2 to balance demand, capacity in 2026
Bi-Courtney Aviation Services Ltd., says it will introduce a structured slot system in 2026 to balance demand and capacity at the Murtala Muhammed Airport Terminal Two (MMA2). Mr. Remi Jibodu,…
Third Mainland Bridge rehabilitation costs N43bn – Umahi
Total rehabilitation of the Third Mainland Bridge in Lagos State cost N43 billion while the bridge’s Closed Circuit Television Camera (CCTV) Centre cost about N2.5 billion. The Minister of Works,…