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Friday, July 25, 2025

Economy

July 24, 2025

West African countries set timeline to achieve refinery hub goals

The conference was convened by the NMDPRA and the S&P Global.

WEST AFRICAN LEADERS
July 24, 2025

FG commends NIGCOMSAT for boosting connectivity

He said, however, that other pressing matters include a shortage of critical technical personnel, the need for support in the rollout and execution of Project 774.

NIGCOMSAT building
July 24, 2025

Islamic Development Bank offers funds, partnership to Nigeria on problematic power sector

The Islamic Development Bank has expressed its readiness to partner the federal government to address critical infrastructure gaps in Nigeria’s power sector.

Electricity power line
July 24, 2025

WFP to suspend food assistance to Nigeria, seeks $130 million fund

The UN World Food Programme says it might be compelled to suspend all emergency food and nutrition aid for 1.3 million people in North-East Nigeria at the end of July.

malnourished children
July 23, 2025

Dangote urges African leaders to protect local industries from unfair competition

Dangote cited the growing influx of discounted, low-quality fuel originating from Russia — blended with Russian crude under price caps and dumped in African markets.

Alhaji Aliko Dangote
July 23, 2025

Delta adopts mini-grid model for electricity generation

The Commissioner for Economic Planning, Sonny Ekedayen, disclosed this during a press briefing following the Executive Council meeting in Asaba.

Power Grid
July 23, 2025

BoI, PHACCIMA sensitise MSMEs in Rivers to FG intervention funds

The Bank of Industry has conducted a sensitisation workshop for micro, small, and medium enterprises in Rivers.

Dr. Olasupo Olusi
July 23, 2025

Tinubu, Dangote meet, discuss energy sector challenges

“When a refinery disrupts this setup, it challenges powerful forces determined to resist and maintain the status quo,” Mr Dangote stated.

President Bola Tinubu and Aliko Dangote
July 22, 2025

Africa losing $90 billion annually to imported substandard fuel, Dangote laments

Dangote criticised the lack of harmonised fuel standards across African nations, which creates artificial barriers for regional trade in refined products. 

Aliko Dangote
July 22, 2025

How Nigeria, Africa can retain wealth generated locally, tackle illicit financial flows: Experts

FIRS boss Zacch Adedeji described illicit financial flows as one of the most critical challenges facing the country’s economy.

FIRS boss Zacch Adedeji ,Dr Doris Uzoka-Anite,Bashir Adeniyi, Irene Ovonji-Odida and others at the event