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in BusinessVP Shettima, Okonjo-Iweala, Brazilian, Chinese Investors Expected At Delta Economic Summit
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Delta State Government says it is expecting prospective investors from Brazil and a host of others from China at the forthcoming Delta State Investment and Economic Summit, while Vice President Kashim Shettima and the Director-General of the World Trade Organisation, WTO, Dr […] More
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in Business
Delta Investment Summit: Aniagwu Urges Local Businesses To Drive Investment
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Delta State Commissioner for Works (Rural Roads) and Public Information, Mr. Charles Aniagwu, has urged members of the organised private sector to move beyond discussions and presentations at the forthcoming Delta State Investment and Economic Summit and become active investors in the state’s […] More
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in Business
Petroleum Minister Ekpo Passes Confidence Vote On Indigenous Oil Firm, LEE Engineering For Competence In Executing Nigeria’s Gas Projects
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Impressed by the expertise, speed, and quality of work being done by an indigenous oil and gas company, LEE Engineering and Construction Company Ltd that is building the Escravos-Lagos Pipeline System (EPLS) for the Nigeria National Petroleum Company (NNPC) Limited, the Minister of […] More
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in Business
Tinubu Moves to End Foreign Dominance in ₦3 Trillion Airtime Lending Market as Nigerian Firms Set to Take Over
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Federal Government is taking steps that could reshape Nigeria’s multi-trillion-naira airtime lending and data advance industry, with local technology firms positioned to play a greater role in a market long dominated by a foreign operator. The development follows reports that President Bola […] More
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in Business
Sallah Shock 2026: Nigerians Struggle as Ram Prices Hit ₦1.5 Million Ahead of Eid-el-Kabir
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Muslims across Nigeria are preparing to celebrate Eid al-Adha, popularly known as Eid-el-Kabir or Sallah, under severe economic pressure as the prices of rams and other sacrificial animals soar to record levels nationwide. The dramatic increase in livestock prices has left many families […] More
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in Business
Nigeria Moves to Hand Chinese Firms Majority Control of Key Refineries in $2.5bn Rescue Deal
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Nigerian National Petroleum Company Limited (NNPCL) is reportedly negotiating a major energy partnership that could hand Chinese investors a controlling 51 percent stake in two of Nigeria’s most strategic refineries — the Port Harcourt and Warri refineries — in what analysts describe […] More
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in Business
Ethiopia’s $10 Billion Pipeline Mega-Project Could Transform Horn of Africa Into Global Energy Hub
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Ethiopia has unveiled an ambitious $10 billion energy infrastructure project aimed at transforming the Horn of Africa into a major global oil and gas export hub through a strategic partnership with neighboring Djibouti. The landmark proposal, reportedly presented by Ethiopian Investment Holdings and […] More
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in Business
Oil Mafia Tried to Stop Us for 5 Years — Dangote Opens Up on Battles Behind Africa’s Largest Refinery
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Africa’s richest businessman, Aliko Dangote, has revealed the intense obstacles and powerful opposition he faced while building the $20 billion Dangote Refinery, now recognized as the world’s largest single-train refinery. Speaking about the massive undertaking, Dangote disclosed that what was initially envisioned as […] More
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in Business
Nigeria Airlines on Brink of Shutdown as Jet Fuel Prices Skyrocket Over 300%
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigeria’s aviation industry is facing an imminent crisis as domestic airlines warn they may suspend all flight operations nationwide starting Thursday, April 30, 2026, over the spiraling cost of aviation fuel. The warning, issued by the Airline Operators of Nigeria, signals a potential […] More
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in Business
Bread Prices Set to Rise in Nigeria as US Wheat Hits 2-Year High
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Bread prices in Nigeria may soon increase as global wheat costs climb to their highest level in two years, raising fresh concerns about food affordability. The surge in wheat prices—driven largely by developments in the United States, one of the world’s leading exporters—has […] More
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in Business
CBN Raises ATM Card Fees by 50% — Nigerians to Pay ₦1,500 for New and Replacement Cards
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Central Bank of Nigeria (CBN) has announced a 50 percent increase in the cost of issuing and replacing ATM debit and credit cards, raising the fee from ₦1,000 to ₦1,500. The adjustment, which affects customers across commercial banks in Nigeria, is part […] More
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in Business
Zenith Bank Makes History: First Nigerian Lender to Smash ₦5 Trillion Market Cap Milestone
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Zenith Bank Plc has officially entered the record books as the first Nigerian financial institution to surpass the ₦5 trillion market capitalisation mark. This historic milestone cements the bank’s position as the nation’s most valuable banking group and underscores a period of extraordinary […] More
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