President Bola Ahmed Tinubu has lauded the Bank of Industry (BOI) for its record-breaking performance in 2025, during which the institution disbursed N636 billion to Nigerian businesses. The President described this milestone as a clear validation of his administration’s economic…
BUA Foods Plc has officially announced the appointment of Isyaku Abdulsamad Rabiu, popularly known as Khalifa, as the company’s new Chief Officer of Global Procurement and Strategic Operations. In this executive role, Rabiu is expected to lead initiatives aimed at…
In a significant move for the domestic energy market, Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit (PMS) by N25 per litre. Effective immediately, the refinery’s ex-depot rate has dropped from N799 to…
According to the according to the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Nigeria is consolidating its macroeconomic reforms to maintain economic stability within an increasingly volatile global landscape. Speaking today at the Al Ula Conference…
Justice Abubakar Kutigi of the Federal Capital Territory High Court in Asokoro has threatened to revoke the bail of Abdulrasheed Maina, the former chairman of the defunct Pension Reform Task Team, citing persistent antics used to stall his ongoing N738.6…
Lagos State Governor Babajide Sanwo-Olu has approved the comprehensive transformation of the Obalende bus stop into a modern transport hub, aimed at integrating the area into the state’s Mega-City vision. The project, which is set to begin shortly, will be…
President Recep Tayyip Erdoğan of the Republic of Türkiye has said his country is targeting a trade volume of $5 billion with Nigeria, noting that discussions to achieve the goal have already begun. Erdoğan made this known on Tuesday in…
Nigeria’s digital public infrastructure, particularly its digital payments layer, has expanded access to financial services for millions of citizens previously excluded from the formal banking system. At the centre of this transformation are interoperable payment rails such as Unstructured Supplementary…
The Dangote Petroleum Refinery & Petrochemicals has adjusted its gantry price for Premium Motor Spirit (PMS), commonly known as petrol, to N799 per litre. Consequently, MRS retail outlets have raised their pump prices to N839 per litre, up from the…
Lagos, Nigeria’s commercial hub, is Africa’s second-largest city economy after Cairo, with an estimated population of over 22 million people and a Gross Domestic Product (GDP) of about $259 billion based on Purchasing Power Parity (PPP). Yet, beneath this economic…
