Dangote Retires as Sugar Refinery Chairman
Aliko Dangote has retired as Chairman of the Board of Dangote Sugar Refinery Plc, bringing an end to a 20-year leadership of the company.
We Remain Committed to Boosting Economy’s Productive Base – Tinubu
President Bola Ahmed Tinubu on Thursday delivered a national address to a joint session of the National Assembly to mark Democracy Day 2025.
Beware of Scammers, NNPCL Tells Foreign Investors
The Nigerian National Petroleum Company Limited (NNPCL) has urged foreign investors and international business to be cautious of scammers, who pretend to represent the firm.
Nigeria Commences Plan to Produce Marine Fuel
The Minister of Innovation, Science and Technology, Chief Geoffrey Uche Nnaji, has said Nigeria is currently developing a robust Green Methanol Industrial Complex.
Nigeria Moves to Unlock $1trn Global Outsourcing Market
The federal government has announced the relaunch of the National Talent Export Programme (NATEP), which will create one million direct export-linked jobs and up to five million indirect jobs within five years.
FG, Australia Begin Capacity Building for Mining Professionals
The Minister of Solid Minerals Development, Dr Dele Alake, has launched a capacity enhancement programme for the first batch of Nigerian mining professionals at Murdoch University, Australia.
Our Economy Now Flourishing Despite Hardship – Minister
Minister of Budget and Economic Planning, Senator Atiku Bagudu, has highlighted President Bola Tinubu’s “bold reforms” from the last two years, asserting that they are steadily preparing Nigeria’s economy for lasting recovery and growth, despite current hardships.
Fuel Subsidy Withdrawal Yields $84bn Gain, Report Indicates
The Federal Government has stated that the removal of the petrol subsidy by President Bola Tinubu ended a historic financial drain that cost Nigeria over $84bn and has helped finance 40 critical road projects across the country in two years.
DisCos Record Over N200bn Revenue Shortfall
Electricity distribution companies recorded a shortfall of over N202bn in their revenue collections for the first quarter of 2025, despite a rise in electricity billing across the country, an analysis of official industry data.
Nigeria, Two Others Dominate Africa’s External Debt Stock
A recent report released by the African Export-Import Bank (afreximbank) says three countries, South Africa, Egypt, and Nigeria, are responsible for one-third of Africa’s external debt stock.
Six Depots Cut Petrol Prices Amid Rising Competition
Six depot owners across the country have reduced the prices of petrol as competition increases in the downstream sector of the petroleum industry.
IATA Bemoans High Airlines’ Operating Costs in Africa
The International Air Transport Association (IATA) has expressed concern over the high operating costs of airlines in Africa.
CNG: 50,000 Vehicles Converted, Investments Hit $500m – FG
Federal Government, has revealed that Nigeria’s push towards alternative transportation fuels has attracted over $500m in investments and converted more than 50,000 vehicles to run on Compressed Natural Gas within its first year.
FG Estimates N880bn Annually for Road Maintenance
The Federal Government must spend about N880bn annually for the maintenance of the federal road network nationwide, the Minister of State for Works, Mohammed Goroyo, declared on Monday.
Nigeria may Lose N3.43trn to Gas Flaring, NEITI Warns
The Nigeria Extractive Industries Transparency Initiative (NEITI) has expressed concern over the volume of gas flared in 2023, amounting to 183.408 billion standard cubic feet (SCF).
Nigeria Maintains Clean Bill as $1.3bn Airline Funds Remain Blocked
The International Air Transport Association (IATA) yesterday reported that $1.3 billion in airline funds are blocked from repatriation by governments as of end of April 2025.
Dangote Refinery Symbolises Hope for Africa – ECOWAS President
The Dangote Petroleum Refinery is more than just a feat of engineering, according to the Economic Community of West African States (ECOWAS).
SERAP Sues NNPCL Over Failure to Account for N500bn
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the “failure to account for and explain the whereabouts of the alleged missing N500 billion, which the NNPCL failed to remit to the Federation Account between October 2024 and December 2024.”
SHOCKING: NIPSS Suspends Participant Over Articles Backing Digital, Blue Economy Reforms Despite ₦18m Fee
SHOCKING: NIPSS Suspends Participant Over Articles Backing Digital, Blue Economy Reforms Despite ₦18m Fee
A Nigerian public relations professional, Yushau A. Shuaib, has petitioned President...
iNews Times Marks New Era in Journalism, Emerging from The Daily Vendor’s Legacy
After a successful seven-year run, The Daily Vendor, a renowned online newspaper, has ceased operations and relaunched as iNews Times.
