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.
President Bola Ahmed Tinubu

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.
Chief Uche Geoffrey Nnaji, the Minister Innovation, Science and Technology (FMIST)

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.
Dele Alake, Minister of Solid Minerals Development

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.
Abubkar Atiku Bagudu

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.
President Bola Ahmed Tinubu

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.
Debt

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.
The International Air Transport Association (IATA)

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 Dispenser

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).
The International Air Transport Association (IATA)

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 nnpcl

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.”
NIPSS Directing Staff behind the Queries Barrister Nima Salman Mann and Rear Admiral A.A. Mustapha

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

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.
Latest News
Tinubu's 'Audacious Reforms' Rescued Nigeria from Insolvency – SoludoPRNigeria Fact-Check: Viral Video Claiming Senator Saliu Mustapha Endorsed Ponzi Scheme is FalseNaira Gains Against Dollar in Both Official, Black MarketsN2trn Drop in Petrol Imports as Local Production ImprovesChina Grants Duty-free Market Access to Nigeria, OthersManufacturers Blame High Interest Rates for N746bn Export SlumpN12.9trn Worth of Crude Exported as Local Refiners StarveFG to Withdraw Oil Licenses from Non-Active OperatorsNNPC Records N5.891trn Profit in April Tinubu Confers National Honours on Yar'Adua, Soyinka, OthersDangote Retires as Sugar Refinery ChairmanWe Remain Committed to Boosting Economy's Productive Base – TinubuGEOINT: The Intelligence Edge Nigeria Customs Needed, By Tahir AhmadWhen Borrowing Becomes Harm and NITDA Responds, By Fatimah Yusuf UsmanPRNigeria Fact-Check Debunks Viral Video Allegedly Showing Nigerian Soldiers Abducted by Terrorists on Motorcycles
X whatsapp