Dangote Refinery drops lawsuit against Nigerian fuel importers
July 29, 2025 Dangote Refinery has withdrawn its lawsuit against Nigeria’s midstream and downstream petroleum regulator and several fuel importers, including state-owned NNPC Ltd, over fuel imports, according to a…
AfDB’s African Development Fund hopes to start tapping capital markets in 2027
July 29, 2025 The African Development Bank, AfDB, arm lending to low-income countries will start raising $5 billion from capital markets every three years from 2027, a senior bank official…
N187trn debt: Tinubu borrowing without accountability – Peter Obi
. The Presidential Candidate of the Labour Party in the 2023 general election, Peter Obi, has, again, cried out at the reckless borrowing by the current Bola Tinubu administration…
$1 trillion economy: Why Tinubu must listen to Dangote, Ekeh, others, by Aliyu Gaya
One exceptionally commendable fact about the Bola Tinubu presidency is that it is not lacking in ambition and audacity. Courage defines the leader and Tinubu has it in good measure….
OPEC+ panel stresses need for full compliance with output limits
July 28, 2025 An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday’s separate gathering of eight OPEC+ members to decide on…
Electricity Act, major enabler for hybrid models and gas-powered mini-grids – REA CEO
The Chief Executive Officer Rural Electrification Agency, (REA) Abba Aliyu has described the Electricity Act as a major enabler for hybrid models and gas-powered mini-grids. Aliyu, represented by Japheth Ailenataman,…
Fidelity Bank empowers SMEs with Business Management Systems
Small and Medium Enterprises (SMEs) have been encouraged to adopt digital tools to enhance their operations and drive sustainable growth. This call was made during the Fidelity SME Empowerment…
Diaspora remittances hit $20bn in 2024, quadruples FDI
Nigeria Diaspora Home Remittances through official channels stood at $20.93 billion, which is four times the value of Foreign Direct Investment (FDI) in 2024, President Bola Tinubu has said. Tinubu…
76 Oil Wells: Akwa Ibom govt denies initiating any legal action against Cross River
The Akwa Ibom State Government has denied initiating any legal action against the government of Cross River state regarding the 76 disputed oil wells, saying it was the Cross River…
OPEC+ panel likely to keep oil policy steady on Monday – Sources say
July 25, 2025 An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC+ delegates said, noting the producer group is…