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Economy, Business
‘It’s false’ – Dangote denies alleged rift with Tony Elumelu
The Dangote Group has dismissed reports alleging a fallout between its President, Aliko Dangote, and UBA Chairman Tony Elumelu, describing …
Economy, Nigeria
Tinubu Tasks New Envoys to Improve Nigeria’s Image, Drive Foreign Investment
President Bola Tinubu has urged newly appointed ambassadors and high commissioners to project a better image of Nigeria abroad while …
Economy, Abia
Otti Cuts Abia Debt by N141bn, Reduces Burden to N48bn in Three Years
Abia State Governor Alex Otti has slashed the state’s inherited debt from N191bn to about N48bn, marking a major shift …
Economy, Nigeria, Politics
Fuel Price Hike Driven by Global Factors, Not Tinubu — APC Chieftain
APC leader Soni Abang says rising fuel prices are influenced by global economic conditions, defending President Tinubu’s policies.
Economy, Nigeria
Customs Steps Up Excise Enforcement, Eyes N400bn Revenue Target for 2026
The Nigeria Customs Service is ramping up excise compliance efforts as it works towards achieving a N400 billion revenue target …
Economy, Nigeria
Amukpe–Escravos Pipeline Value Surge Reshapes Nigeria’s Oil, Gas Outlook
A sharp rise in the estimated value of the Amukpe–Escravos Pipeline is drawing attention to its growing strategic importance and …
Economy, Nigeria
World Bank Flags Fiscal Risks in Nigeria’s ₦4tn Power Bond Programme
The World Bank has cautioned that Nigeria’s ₦4tn power sector bond programme could deepen fiscal risks, as it effectively converts …
Economy, Finance
Naira Holds Steady Between N1,340 and N1,430 in Q1, CPPE Eyes Risks in Q2
The Centre for the Promotion of Private Enterprises says the naira remained relatively stable against the dollar in the first …
Economy, Nigeria
Tinubu Approves N3.3tn Plan to Clear Power Sector Debts
President Bola Tinubu has sanctioned a N3.3 trillion bailout package aimed at settling long-standing debts in Nigeria’s power sector and …
Economy, Abia
Otti Greenlights NEPAL Energies’ Acquisition of Afro Beverages to Drive Jobs and Economic Growth
Abia State Governor, Alex Otti, has approved the takeover of Afro Beverages by NEPAL Energies, a move aimed at stimulating …
Economy, International
Oil Prices Fall, Stocks Rally as Trump Says War May End Soon
Oil prices sank and equities rallied on Tuesday following a volatile trading session after U.S. President Donald Trump suggested that …
Economy, Nigeria
How €2.3bn FG’s Electricity Project Failed
Despite the injection of €2.3 billion (about N3.7 trillion at the current exchange rate) into the Presidential Power Initiative (PPI), …
