Dangote Refinery, Energy Security and the Monopoly of Oil Sector By Kabir Fagge Nigeria's oil industry was recently thrown into chaos following disputes that erupted between Farouk Ahmed, the Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and Aliko Dangote,...

Boosting Tech Businesses: FG Unveils Steering Committee for Establishing Digital Free Zones In a bid to position Nigeria as a hub for global digital trade and innovation, the Federal Government has launched an initiative to establish Digital Free Zones in the country. Chaired by President Bola...

Naira Appreciates by 0.6% at Official Market The Naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market, NAFEM, showed that the...

Partial Blackout as National Grid Records Fifth Collapse in 2024 Nigeria’s electricity grid on Saturday collapsed yet again, throwing several cities into darkness. The latest collapse is coming months after the national grid collapsed in April. Confirming the collapse, the Abuja Electricity Distribution Company (AEDC) said the...

Student Loan: NELFUND Disburses Monthly Stipends for 20,371 Undergraduates The Nigerian Education Loan Fund (NELFUND) has disbursed N20,000.00 monthly stipends for July to 20,371 students from six tertiary institutions. The agency said this in a statement signed by its Director of Finance and Accounts, Mr Ibom...

JUST IN: Federal High Court Nullifies Sale of Nigeria Air The Federal High Court sitting in Lagos on Monday, August 5, declared null and void the sale of Nigeria Air Ltd to Ethiopian Airlines. Justice Ambrose Lewis-Allagoa in his judgment stopping the sale, ordered that the...