Business
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Binani Air Becomes Nigeria’s First Fully Female-Owned Airline Launched by Senator Binani
By Paul Joseph Nigeria’s aviation industry has achieved a historic milestone with the emergence of Binani Air, hailed as the country’s first fully female-owned and female-led airline. Reports indicate that the airline…
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Airbus to Establish Maintenance Hangar in Nigeria
By Paul Joseph President Bola Ahmed Tinubu has welcomed a proposal by global aircraft manufacturer Airbus to establish aircraft maintenance and hangar facilities in Nigeria, describing the initiative as a significant boost…
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Dangote Rejects NNPC Move to Increase Refinery Stake
By George Omagbemi Sylvester President of the Dangote Group, Aliko Dangote, has revealed that his company rejected attempts by the Nigerian National Petroleum Company Limited (NNPCL) to increase its ownership stake in…
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BUA Founder Nears Dangote, Becomes Africa’s Second-Richest Man After $8.8bn Wealth Surge
By Paul Joseph Nigerian billionaire and Chairman of BUA Group, Abdulsamad Rabiu, has climbed to become Africa’s second-richest individual after adding an estimated $8.88 billion to his fortune in 2026. The latest…
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Stop Interfering: Ondo Declares Control Over Electricity Assets and Regulation To NERC
The Ondo State Government has asserted that the Nigerian Electricity Regulatory Commission (NERC) holds no superior authority over state regulators within the Ondo State electricity market. The Honourable Commissioner for Energy and…
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Dangote Eyes East Africa Expansion with Planned Tanzania Refinery
By Paul Joseph Africa’s richest man, Aliko Dangote, has unveiled plans to partner with Kenya and Uganda to build a major oil refinery in Tanzania, a move that could significantly reshape the…
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NNPC Doubles Crude Supply to Dangote Refinery
By George Omagbemi Sylvester Nigeria’s state oil firm, the Nigerian National Petroleum Company Ltd. (NNPCL), has doubled the supply of crude oil to the Dangote Petroleum Refinery, delivering 10 cargoes in March,…
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Poor Oil Production Costs Nigeria ₦28.3tn in Lost Revenue
By George Omagbemi Sylvester Nigeria, Africa’s biggest oil producer on paper, has once again failed to cash in on a global oil boom, despite the sharp rise in crude prices triggered by…
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Naira Struggles as Black Market Dollar Climbs
By George Omagbemi Sylvester Nigeria’s foreign exchange (FX) traders and parallel market operators are reporting a continued rise in the Dollar to Naira black market exchange rate as of Tuesday, 10 March 2026, with…
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Dangote Refinery Reaffirms Commitment to Prioritise Nigeria’s Fuel Supply
By George Omagbemi Sylvester Dangote Petroleum Refinery and Petrochemicals has assured Nigerians that it is prioritising the domestic market to cushion the country from unfolding global energy shocks, a move seen as…
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FG Bans Use of Roadblocks for Tax and Levy Collection Nationwide
By Paul Joseph The Federal Government of Nigeria has officially banned the use of roadblocks for collecting taxes, levies, and other fees across the country, a decision aimed at improving trade flow,…
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Middle East Tensions Force Nigerian Fuel Prices to Record Highs in Abuja and Lagos
By George Omagbemi Sylvester Nigerian consumers are grappling with soaring petrol prices, with the retail cost hitting ₦960 per litre in Abuja and ₦935 in Lagos, as regional instability in the Middle…
